The global climate change mitigation has led to an increased interest in the mechanisms that encourage the development and adoption of new technologies. The role of IP plays an important role in the discussion of climate change. The industrial economy countries like the US are committed to 'prevent any weakening of and ensure robust compliance with and enforcement of, existing international legal requirements' for the protection of IP rights related to energy or environmental technology. The intellectual property (IP) scholars and policymakers have relied extensively on patents to provide incentives for the development of climate change technologies. The patents play a central role in an innovation law and policy where policymakers and IP scholars alike have devoted much attention to the patent system as a potential mechanism to promote environmental innovation. The World Intellectual Property Day campaign puts innovation and rights to support the efforts to shape a low-carbon future. The Copenhagen aims to become the world’s first CO2-neutral capital by 2025. The effective national intellectual property (IP) systems support the development and deployment of the technologies, products, and services needed to transition to a green future.
To tackle climate change, patents, and trade secrets play a key role. The Patent-protected technologies are supporting the transition to a green future like
- Renewable energy resources-solar power, wind and wave energy
- Fostering the development of new and improved energy storage options (e.g. batteries)
- Energy-efficient lighting sources (e.g. LED lighting)
- Non-polluting and resource-efficient technologies that enable better waste management and recycling processes, optimal resource use and less environmental harm
- EcoSan waterless toilet improves sanitation (and health) and the environment, particularly in rural areas in developing countries where water and sewer access is not available.
- Pioneering fog-harvesting technology, such as the CloudFisher®, is also helping to relieve water shortages in arid coastal regions.
Patents help companies to secure the enormous investment required to realize large-scale green energy projects and to bring their new eco-friendly inventions to the market. Patents also support smaller-scale innovation, much of which seeks to benefit resource-poor communities in developing countries.
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