One way to categorise different types of innovation is by using the innovation matrix, which describes the impact of innovation along two dimensions: market and technology (Kylliäinen, 2019). Table 1 shows the basic innovation matrix including the four different types of innovations. Table 1: Innovation matrix (adapted from: Kylliäinen, 2019).   Technological innovation Technological innovation Existing New Low […]

The global economic system is conventionally built on a linear model of production and consumption, which is dependent on an unlimited supply of natural resources that can be extracted, processed and discarded. This model creates a significant amount of waste along the entire value chain with significant impacts for GHG emissions. For example, more than […]

Our current financial system is built on the idea of infinite economic growth. Reliant on ever-increasing quantities of production, consumption and financial returns, this system requires continuous growth in order to maintain its stability. However, more than a century of unsustainable consumption and production has eroded our natural capital, transgressed the safe operating space for […]

Drivers of innovation Innovation usually happens in response to problems, constraints or opportunities. While the word “innovation” is often associated with technological innovation, it encompasses a much wider range of contexts, including systems, processes, behaviours and institutions. In many cases, innovation in these contexts depend on each other. In fact, the UK Committee on Climate […]

I broadly agree with the CISL definition, seeing successful decarbonisation programmes as those which implement emission reductions which are: As 1.5 degree pathways are adjusted through time this will affect the level of outcome required to be justified as “successful”. NB Contrary to The Economist I don’t think we should encourage any sense of abandonment from […]