Collaboration between the World Economic Forum and Mission Innovation – next steps and opportunities

 

The collaboration between MI and the World Economic Forum offers MI and its members opportunities to strengthen public private collaboration, pursue bold ideas for accelerating energy innovation, and engage in dialogue events. This builds on the outcomes of MI-3, where Cheryl Martin, the Managing Director of the Forum facilitated roundtable public-private partnership discussions on five key technology areas. The Forum is ready to work with MI and directly with MI Members interested in exploring implementation opportunities.

Round-table public-private partnership discussions at MI-3

The Forum and MI announced a collaboration at the 2nd Ministerial in Beijing in June 2017. Since then, the organisations have joined forces by sharing knowledge, increasing public-private collaboration on energy innovation and organising a series of multi-stakeholder dialogue events. The Forum launched a white paper at MI-3 in Malmö in May 2018, highlighting policies, financing instruments and bold ideas to fast-track the pace of innovation. A background paper on three “bold ideas” was put forward to the MI Ministerial:

  1. Develop instruments for public-private R&D co-investment
  2. Establish an independent international sustainable energy innovation accelerator fund
  3. Mainstreaming energy innovation through strategic public procurement

The Forum, supported by their project partner KPMG, is ready to work with MI and directly with MI Members interested in exploring how to implement selected bold ideas, which might find traction taking account of country-specific needs. Recently, the Forum and the UK MI team co-hosted an event in London to discuss how the bold ideas could be implemented to accelerate energy innovation in the UK. Building on outcomes from MI-3 and the UK workshop, opportunities are currently being explored with the European Commission, UK and India. This work may include national workshops in partnership with MI countries and/or more specific design of instruments.

The Forum also offers MI and its Members the opportunity to leverage key Forum events to increase MI visibility, engage with the private sector and make progress towards reaching MI objectives. In coming months, the following events are opportunities to create momentum ahead of MI-4 through participation of Ministers or senior officials:

Note that admission policies apply to Forum summits.

Please contact Espen Mehlum for further information on engagement opportunities.

 

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