4. November 2020 | News

Incentivizing Green Technology Inventions and Innovation—A Global Review [In Light of COVID-19]

This paper recommends approaches to improve and expand accelerated examination programs (AEPs) for patents, while considering complementary policies that encourage rapid innovation of green technology (green tech). The authors use the global experience with the COVID-19 pandemic to illustrate the interconnection between public health crises and the need for accelerated innovation to mitigate the health risks they impose. The paper concludes the urgency of the climate crisis calls for more common language around green technology terms and qualifying criteria, for AEPs and other policies with similar aims. Another conclusion is that AEPs offer important environmental policy instruments alongside other measures that target climate change and its related social costs and health consequences.

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