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coordination, stakeholder involvement and competencies in 2.1
public administration.
1.5.2 Integrating the Invention, Demonstration, and
Diffusion of Low Carbon Technologies into National
Long-Term Socio-economic Development Programmes
and Strategies
Integrating low carbon technology development and economic
development policies is a must if both China and India want to transit
to a low carbon future. It requires strong leadership, common political
vision, and solid cooperation among ministries and governments at
different levels. Implementing low carbon technology development
policies can facilitate low carbon development in developing countries
in particular. This includes not only the development and diffusion
of new and existing technologies, but also collaboration between
countries and different actors. Efforts to stimulate low carbon
technology development should also focus on building the skills to
adopt imported technologies.
Fortunately, both China and India already have their national
climate change programmes and strategies in place; they also have
the political will to pursue a low carbon technology future. However,
both of them need to translate the concept and political commitment
of invention, demonstration, and diffusion of low carbon technologies
into nationally appropriate policies, programmes, and even laws
and regulations with clear objectives, implementation measures and
timeframes, and integrate them into their respective national long-
term socioeconomic development programmes and strategies.
1.5.3 Using and Strengthening Various Financial
Instruments to Promote Low Carbon Technologies in China
and India
Actions to promote low carbon technologies in both China and India
will require enormous financial resources and put more pressure on
the government budget. The sources of expenditure for promoting
low carbon technologies can consist of the government budget, private
sector investment, and the financing of financial institutions. Therefore,
sufficient, effective, and diversified financing for low carbon technology
development is crucial for ensuring the invention, demonstration, and
diffusion of low carbon technologies in China and India.
For both countries, financing for low carbon technologies are
twofold. On the one hand, both governments are facing enormous
Chapter 1 Low Carbon Technology and Innovation Policy 63
public administration.
1.5.2 Integrating the Invention, Demonstration, and
Diffusion of Low Carbon Technologies into National
Long-Term Socio-economic Development Programmes
and Strategies
Integrating low carbon technology development and economic
development policies is a must if both China and India want to transit
to a low carbon future. It requires strong leadership, common political
vision, and solid cooperation among ministries and governments at
different levels. Implementing low carbon technology development
policies can facilitate low carbon development in developing countries
in particular. This includes not only the development and diffusion
of new and existing technologies, but also collaboration between
countries and different actors. Efforts to stimulate low carbon
technology development should also focus on building the skills to
adopt imported technologies.
Fortunately, both China and India already have their national
climate change programmes and strategies in place; they also have
the political will to pursue a low carbon technology future. However,
both of them need to translate the concept and political commitment
of invention, demonstration, and diffusion of low carbon technologies
into nationally appropriate policies, programmes, and even laws
and regulations with clear objectives, implementation measures and
timeframes, and integrate them into their respective national long-
term socioeconomic development programmes and strategies.
1.5.3 Using and Strengthening Various Financial
Instruments to Promote Low Carbon Technologies in China
and India
Actions to promote low carbon technologies in both China and India
will require enormous financial resources and put more pressure on
the government budget. The sources of expenditure for promoting
low carbon technologies can consist of the government budget, private
sector investment, and the financing of financial institutions. Therefore,
sufficient, effective, and diversified financing for low carbon technology
development is crucial for ensuring the invention, demonstration, and
diffusion of low carbon technologies in China and India.
For both countries, financing for low carbon technologies are
twofold. On the one hand, both governments are facing enormous
Chapter 1 Low Carbon Technology and Innovation Policy 63
