Technology transfer deficits jeopardize climate targets, experts say

Many developing countries have made their nationally determined climate contributions submitted under the Paris Agreement conditional on receiving climate finance, technology transfer, and capacity-building support. However, developed countries have so far failed to deliver tech transfer to the extent promised. According to a new study, public-private partnerships and other energy initiatives can only partially make up for this shortfall. While their role in supporting the growth of low-carbon energy systems in the Global South is proving crucial, their contribution in terms of technology transfer is insufficient.

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