transfer of green innovation to emerging markets is slow
Written by Black Hot Fire Network on January 16, 2024
- The economic benefits of green innovation primarily manifest through increased investment in the initial years.
- Research indicates that doubling green patent filings can elevate the gross domestic product by 1.7 percent after five years.
- The IMF advises against the use of government policies that restrict international trade to support domestic industries, cautioning against the act of protectionism.
The IMF states that the momentum of low-carbon innovation has now slowed, as promising technologies are not spreading rapidly enough to lower-income countries including in . . .
