'Imagine the pride of earning the Nobel Prize for warning that CFCs were destroying the ozone layer. Then imagine that citizens, policymakers, and business executives heeded the warning and transformed markets to protect the earth. This book is the story of why we can all be optimistic about the future if we are willing to be brave and dedicated world citizens.' MARIO MOLINA, Nobel Laureate in Chemistry and Professor, University of California This book tells how the Montreal Protocol, the most successful global environmental agreement so far, stimulated the development and worldwide transfer of technologies to protect the ozone layer.Technology transfer is the crux of the 230 international environmental treaties and is essential to fighting climate change. While debate rages about obstacles to technology transfer, until now there has been no comprehensive assessment of what actually works to remove the obstacles. The authors, leaders in the field, assess over 1000 technology transfer projects funded under the Montreal Protocol‘s Multilateral Fund and the Global Environment Facility, and identify lessons that can be applied to technology transfer for climate change.

Technological revolutions have increased the world’s wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement’s objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.

First Published in 2012. Routledge is an imprint of Taylor & Francis, an informa company.