Framework for assessing avoided emissions

Delivering on the Mission Innovation action plan 2018-2020

The Mission Innovation action plan 2018 – 2020 that was agreed at the 3rd Mission Innovation Ministerial Meeting the 27th of May 2018, identifies the need to ensure:

Increased private sector engagement and investment in energy innovation, particularly in key Innovation Challenges.

By developing:

A Framework for Assessing Avoided Emissions: Mission Innovation will launch a framework to support investors and funders to identify those system solutions and technologies that have significant ability or potential to contribute to reduced greenhouse gas emissions in society, so called, avoided emissions.

The full action plan is available on the Mission Innovation webpage. Sweden has been assigned to lead the work in collaboration with interested parties. Following is a first outline for the two-year project that is a continuation of the work leading up to the 3rd Mission Innovation Ministerial Meeting, MI-3.

About Mission Innovation

Launched at the Paris Climate Conference in 2015, Mission Innovation (MI) is a global initiative of 22 countries and the European Commission, on behalf of the European Union, seeking to dramatically accelerate global clean energy innovation and make clean energy widely affordable and reliable.

MI countries represent 60% of the world’s population, 70% of GDP, and 80% of government investment in clean energy research. MI countries are taking action to double their public investments in clean energy R&D over five years while encouraging collaboration among partner nations, sharing information, and coordinating with businesses and investors.