Innovationspolitik für die Transformation zur Klimaneutralität

Peterson Sonja and Finn Semrau

Wirtschaftsdienst, 2024, vol. 104, issue 5, 301-305

Abstract: Rapid deployment and developments in green innovations are crucial for achieving climate neutrality. While market-based policy instruments are the backbone of climate policy, governmental support for research and development (R&D) complements an efficient policy mix that supports green innovations at all stages of the innovation process. Nonetheless, international R&D support has declined over the last decade. In an international comparison, Japan is at the forefront of green R&D support. Germany is also a leader in R&D support, but its market-based environmental policy stringency remains low, which undermines the importance of an adequate climate policy mix.

JEL-codes: O38 Q55 Q58 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:5:p:301-305:n:7

DOI: 10.2478/wd-2024-0083

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