Tag Archives: Green Innovation Policy Commission

Economy-wide innovation directed towards a green transition

Worker at milling machine in workshop.

The post was first published on Business Green

By Mariana Mazzucato, Professor in the Economics of Innovation & Public Value at University College London and the Founding Director of the UCL Institute for Innovation & Public Purpose. This blog post was first published on Business Green.

Once again, governments are meeting at the UN COP 25 summit in Madrid to discuss the global response to climate change. What is clear is that the action needed requires an economy-wide, cross-sectoral shift, one of the largest ever attempted. Read more

Push and pull is needed to green our economy

advancedmanufact-intextThis post is by Angela Francis, chief advisor on economics and economic development at WWF and GIPC commissioner. The post was first published on Business Green.

Innovation has been a big part of the government’s efforts to shift the dial on the UK’s woeful productivity performance over the past ten years. It will invest £80 billion in R&D by 2027 to catalyse further private sector investment, with the target is to bring overall R&D levels up to 2.4 per cent of GDP (from 1.7 per cent in 2016). But spending on research is not the end government is seeking. Read more