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Two Degrees of Innovation: How to Seize the Opportunities in Low-Carbon Power

This paper provides guidance for policymakers working on identifying low-carbon technologies, and discusses why they should put innovation at the centre of any green growth strategy. The authors argue that the need for innovation in the low-carbon power sector is critical in terms of preventing climate change and promoting development.

The paper explains the innovation process in the low-carbon power sector, and highlights participants and rules in the innovation process. It introduces the 'innovation ecosystems' approach — designed to capture the complexity of innovation processes — and to identify the services innovators need. The final section lays out a step-by-step process for identifying and making the most of opportunities in this sector. The authors conclude that innovation is key to using technology effectively and solving global problems requires everyone to live up to their potential as innovators.