OECD COP29 Virtual Pavilion

Mission-oriented policies for net zero: Combining technological and social innovations to deliver on ambitious agendas

OnlineNov 22, 2024 | 1:30 PM - 3:00 PM

Description

As the negative impacts on climate change intensify, it is clear that the incremental and fragmented approaches of the past have failed to address the systemic nature of the problem. Since the mid-2010s, mission-driven policies have emerged as a promising tool to break down silos, promote collaboration, and drive systemic change. However, many Science, Technology, and Innovation (STI) missions, led by relevant authorities in this policy field, remain overly focused on technology development, missing the broader changes needed for large-scale deployment. Beyond the STI arena, sectoral authorities in areas like water, transport, and energy are starting to recognise the value of missions in tackling societal complex issues. However, challenges remain to identify transformative policy packages, to engage relevant actors in the context of time and budgetary constraints, and to scale up efforts to reach their full potential. This session brings together OECD STI and climate experts, and policymakers, to discuss how to unleash the potential of missions: • What concrete and actionable forms of collective action could bring together actors in a real all-hands-on-deck approach?  • How to identify transformative policy packages and missions? How to make "innovation missions" more systemic? • What are inspiring examples of STI policies beyond technology?   • What are examples of missions initiated and led by sectoral authorities?  • Which governance mechanisms are needed to mainstream a mission approach and overcome the “full plate” effect (time and resources limitations)?

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Find out more  Related resources

Mitigation

Mission-Oriented Innovation Policies for Net Zero

Mission-oriented innovation policies are increasingly popular as a policy response to meeting net-zero targets. They have clear objectives and measurable targets, promote broader co-ordination of policy plans across administrative silos, and better integrate various support instruments across the different stages of the innovation chain than more traditional and fragmented policy approaches. These policies remain unproven, however, and early indications suggest they lack sufficient scale and reach to non-STI policy domains to have wide-ranging impact.
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The OECD COP29 Virtual Pavilion is a contribution toNet Zero+: Building Climate and Economic Resilience

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