Insight Briefing | Unlocking low carbon innovationDownload KB pdf
- 29 January 2013
At the World Economic Forum 2013 in Davos, we shared the first of our Insight Briefings, entitled 'Unlocking low carbon innovation'. It focuses on the role of major corporations and cities in scaling up low carbon innovation.
It explores three case studies - UK retailer Sainsbury’s, apparel company Nike, and the Agile Cities initiative – and proposes key principles for effective harnessing of low carbon innovations.
Here is the executive summary.
Fostering low carbon innovation is a core element of competitiveness, both for companies and the public sector. In a resource-constrained world, the ability of large organizations to innovate towards a low carbon model is a key differentiator between those that thrive and those that fall behind.
Innovation takes many forms, but critical in this context is business model innovation – the ability of large organizations to identify, source and deploy disruptive new technologies and ideas in an effective manner, to transform markets.
Those that succeed are defined by their ability to source new ideas, pilot them and integrate them, rapidly and efficiently.
Many are working with third parties to assist in the process, including venture capital investors, government-backed programs and nonprofits that help match entrepreneurs to ‘early adopter’ companies and governments.
The full Innovation Insight Briefing is available to our partners. To become a partner of The Climate Group, contact us now.