The Economics of Climate Innovation: Technology, Climate Policy, and the Clean Energy Transition

Eugenie Dugoua and Jacob Moscona

No 12267, CESifo Working Paper Series from CESifo

Abstract: This chapter examines the economics of climate innovation and its role in the clean technology transition. It outlines the incentives, market failures, and policy levers that shape the development and diffusion of clean technologies; traces global patterns in technology development and deployment; and highlights frontier challenges and open questions related to climate adaptation, critical mineral supply chains, artificial intelligence, and geopolitics. The analysis explores the role of effective climate policy, stressing the relevance of coordinated approaches that match instruments to technology maturity and local context.

Keywords: climate change; innovation; R&D; clean energy; energy transition; industrial policy; climate adaptation; critical minerals; AI (search for similar items in EconPapers)
JEL-codes: O13 O3 Q5 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-cse
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