Climate change is a global challenge and the call for immediate remedial measures are only getting louder. In 2020, UN Secretary-General Antonio Guterres called for net-zero greenhouse gas emissions by 2050 to limit global warming to 1.5°C. The message is loud and clear: climate change is a global problem that requires a global response.
To achieve these goals, green tech innovation is essential. The importance of green technology will only increase in the future as energy systems, recycling, and low-carbon technologies advance. Intellectual Property (IP) rights will continue to play a vital role in encouraging such innovation and investment in green technologies by providing protection and a competitive edge.