For developing countries, the bulk of technological progress
comes from the adoption and adaptation of pre-existing but new to-market
technologies, and through the spread of technologies
across firms, individuals, and the public sector within a country. In the decades ahead, most of the growth in
global energy demand—90% by 2030—will come from emerging
countries. If greenhouse gas emissions are to be constrained, and a
low carbon economy achieved, large-scale clean technology
deployment is therefore especially vital for the developing world.
Also critical is crafting an innovation model that caters to
particular conditions and needs of developing countries.