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Figure 1.10 Status of Maturity of Different Low Carbon Technologies in Key Sectors
Source: Author’s compilation
In summary, R&D and innovation activities in low carbon
technologies are characterized by low investment and slow diffusion.
Incentives for low carbon innovation are further weakened by
real and perceived uncertainties about lack of clear direction and
policy instruments. A matrix of this sort, enlisting various ongoing
technological activities and their respective maturity stages would be
the first step in understanding the opportunities and challenges for
catapulting to a low carbon path of development. In the recent past, the
dynamics of the innovation process have changed tremendously with
236 Low Carbon Development in China and India
Source: Author’s compilation
In summary, R&D and innovation activities in low carbon
technologies are characterized by low investment and slow diffusion.
Incentives for low carbon innovation are further weakened by
real and perceived uncertainties about lack of clear direction and
policy instruments. A matrix of this sort, enlisting various ongoing
technological activities and their respective maturity stages would be
the first step in understanding the opportunities and challenges for
catapulting to a low carbon path of development. In the recent past, the
dynamics of the innovation process have changed tremendously with
236 Low Carbon Development in China and India
