FIFTH MISSION INNOVATION MINISTERIAL (MI-5)

Wednesday, 23 September 2020
Hosted by the Kingdom of Saudi Arabia


HRH Prince Abdulaziz bin Salman Al Saud hosted a virtual MI-5 on Wednesday, 23 September 2020, where MI members agreed to work together on the development of an ambitious second phase of MI.

The next phase will build on successes and shift focus toward outcomes that will further accelerate the pace of innovation, and thereby facilitate countries’ clean energy transitions by advancing the solutions and technologies needed to support national goals.

MI will take a mission-oriented approach, identifying key innovation barriers and decarbonisation pathways in sectors where accelerated effort is most needed, and where commitments from governments and the private sector can send a strong signal to the market and innovators, thereby stimulating action, faster.

MI will build new public-private innovation alliances, called Missions, around ambitious and inspirational goals and backed by voluntary commitments that can lead to tipping points in the cost and scale of clean energy solutions.

MI members will also develop an enhanced Innovation Platform to strengthen the global clean energy innovation ecosystem and to accelerate collaboration and learning.

In addition, MI will continue its successful voluntary model, with members choosing to work together on crucial energy innovation topics. Further details about MI’s next phase and its membership will be announced at MI-6 in Chile.

For more information about the meeting, please visit: cem-mi-saudi2020.sa


Other questions? Please reach out to the MI Secretariat at secretariat@mission-innovation.net.

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