The Union Minister of Science and Technology addressed the beginning of Mission Innovation 2.0.
The objective is to reflect on progress, set the scene for the discussions towards an ambitious next phase of Mission Innovation.
The Minister lauded Mission Innovation’s contribution to accelerating clean energy innovation and emphasized Mission Innovation’s role in mobilizing greater public and private investments, partnerships to move the innovation needle.
The Minister underlined the importance of collaborative scientific efforts to realize the vision of an affordable and reliable clean energy system.
Mission Innovation (MI):
It was announced at COP21 on November 30, 2015, as world leaders came together in Paris to undertake ambitious efforts to combat climate change.
It is a global initiative of 24 countries and the European Union to accelerate global clean energy innovation dramatically.
As part of the initiative, participating countries have committed to double their governments’ clean energy research and development investments over five years, while encouraging greater levels of private sector investment in transformative clean energy technologies.
Mission Innovation has identified eight (8) Innovation Challenges which are global calls to action aimed at accelerating research, development, and demonstration in technology areas.