The role of climate finance in innovation systems

摘要: This paper addresses questions over the function and institutional arrangements of climate finance from an innovation systems perspective. It examines barriers that prevent developing countries transitioning to low-carbon climate-resilient economies, interventions necessary overcome those barriers. finds economic change are much more pervasive than a lack incentives. They include issues like insufficient knowledge flows technical capacity in research development business; inadequate network formation around value chains; capital constraints due undeveloped markets; unstable inappropriate policy regimes. To these barriers, will need be deployed through technology-push policies, strategic niche management demand-pull policies. also incentivise enable country governments implement ‘sustainable regimes’ guide trans...