This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion cumulatively in the period 2010-2030, and 1.6 USD Trillions in...

Accelerating the adoption of technologies that decrease energy use during production is a critical avenue to achieving decarbonization goals. These “clean energy technologies” are defined as the installation of any hardware, software, or product that reduces energy consumption and/or...

The utilization of fossil fuels and deforestation are the primary causes of global warming and climate change. Innovation is therefore essential to achieve green energy and sustainable development. As part of the Paris Agreement, Colombia has pledged to cut 51% of its emissions by 2030 and...

The rapid transition to a decarbonized energy economy is widely believed to hinge on the rate of cost improvements for certain clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts...