Innovation landscape for sustainable development powered by renewables

The global energy transition presents considerable opportunities to transform and modernise energy systems across the globe. All regions have much to gain from this transition, making it possible to create resilient and affordable low-carbon energy systems and provide universal access to electricity. The development of renewables can be a catalyst for ensuring a equitable transition for all, as well as sustainable development, in particular in emerging markets and developing economies (EMDEs).

However, technology alone won't deliver the breadth of transformation required. Rather, this will occur when technological innovation is woven together with innovation in policy, regulation, market design, system operation and planning, and business models.

Innovation in the energy transition must be approached from a systemic perspective, as real implementable solutions emerge from synergies between various innovations across multiple components of the power system; this is ‘systemic innovation’.

This report maps the innovation landscape for sustainable development powered by renewables in a systemic way and identifies 40 innovations that policymakers can strategically combine to build solutions for two urgent goals: building resilient power systems that can integrate high shares of renewables and withstand extreme climate events; and expanding energy access and driving inclusive local development through decentralised productive uses.

Barriers to the adoption of innovative renewable energy solutions must be systematically addressed through a holistic approach. Action is needed at every level – from multilateral institutions and regional fora to national governments and local communities. A truly just energy transition also requires prioritising inclusion and fairness, ensuring that the benefits of renewable energy reach all segments of society, especially vulnerable and marginalised groups.