Source organisation:

Climate Technology Centre and Network

Objective:

Adaptation

Mitigation

Publication date:

Wednesday, December 6, 2023

December 5, Dubai, UAE – The Climate Technology Centre and Network (CTCN) announced the release of its 2022-2023 Progress Report, "Catalysing Innovation for System Transformation." The report showcases how CTCN has supported developing countries in harnessing the power of technology to forge their own path toward a sustainable future.

2022 marked the launch of CTCN's third Programme of Work (PoW) 2023–2027, along with the first CTCN and TEC Joint Work Programme (JWP) of the Technology Mechanism for 2023–2027.

The new framework provided by both programmes, has demanded a paradigm shift in the way climate technology is implemented and adopted, encouraging developing countries to capitalize on two key enablers of systemic change (national systems of innovation and digitalization) and five system transformation areas (water-energy-food nexus, buildings and infrastructure, sustainable mobility, energy systems, and business and industry).

The increase in number of technical assistance ideas and requests received by the CTCN, which increased form 50 (2022) to 122 (2023) underscores the urgency for taking system transformative climate actions but also shows developing countries’ readiness to embrace climate technologies to accelerate innovative, sustainable and context-specific solutions to address the impacts of climate change, while charting paths towards long-term sustainable development.

CTCN's impact resonates globally, from an app aiding farmers manage their crops in Mali to climate-resilient farming solutions in Mongolia and water-management systems in Saint Kitts and Nevis. These initiatives not only save lives and livelihoods but also enable system transformations conducive to long-term sustainable development.

As climate change devastates communities daily and global carbon dioxide emissions reach record highs, CTCN Director (a.i.). Rajiv Garg stated, "This report showcases CTCN's success as a catalyst for climate innovation and technology advancement, creating pathways for national strategies, regional market aggregation, and de-risking of private and public investments, and opening opportunities for scaling up and leveraging climate finance. I am proud of the progress made by the CTCN, with the support of our network of members, stakeholders, and the international donor community.”

Highlights from the 2022-2023 CTCN Report:

• Over 33 million tCO2e/year anticipated tons of CO2 reduced or avoided, equivalent to removing about 3.5 million gasoline-powered cars from the road for one year;
• 69 million people in 106 developing countries to benefit directly or indirectly;
• Completion of 90 technical assistance projects;
• Anticipated USD 287 million in funding leveraged, with a 21% leverage ratio;

Moreover, over 70 countries benefited from enhanced capacity building for climate technology development and transfer across the five system transformation areas and two technology enablers.

Significant strides were also made in unlocking resources and maximizing partnerships for system transformation, including the inauguration of the Partnership and Liaison Office (PALO) in Songdo, South Korea (2022), and the addition of 177 new members, bringing the total CTCN Network membership to 840.

"The 2022-2023 Progress Report marks a significant milestone for CTCN, reflecting our commitment to catalyzing innovation and driving system transformation to address the pressing challenges of climate change. We are proud of our achievements, particularly in bridging the digital divide and maximizing the power of emerging technologies for a better future," stated Erwin Rose, CTCN AB Chair.

The report reaffirms the impact and potency of the work of CTCN as a catalyst for climate innovation, matching technicalassistance in developing countries to small and medium-sized enterprises, technology providers, partners and financing institutions. The report also underscores the CTCN’s readiness to to foster new partnerships with the private sector and multilateral finance mechanisms to enable scalability and even greater impacts.

The report is clear, our future depends on innovation and technology for climate action, and CTCN expertise and technical assistance continue to strengthen resilience of communities and systems at risk, and empowering millions of people impacted by climate change.

The full report, "Catalysing Innovation for System Transformation", is available here.