CARISMA: first synthesis report out

30 September 2016 - Foreword of the week

CARISMA has prepared a Synthesis Report to summarise the work done during the first 18 months of the project. It describes for each main topic what has been done, what has been achieved and what will be the next steps.

Read the synthesis report

Based on the preliminary project results, the following key messages have been found :

Research & innovation (R&I) for mitigation

Information on Member States’ and EU R&I funding is difficult to find
EU R&I funding gravitates towards solar energy and CO2 capture and storage

Policies for climate change mitigation

Information on mitigation policies is hard to find, poorly organised and the quality is difficult to assess;
Mitigation policies often interact with energy policies as they target similar stakeholders. This could lead to synergies, but it is important to have provisions in place in case of unanticipated and undesired effects of policy interactions.

Global climate mitigation R&I networks are emerging

Benefits for European firms are: access to emerging markets, stronger R&I efficiency and higher innovation quality
Disadvantages are: EU knowledge industries may lose employment, knowledge base and intellectual property

To learn more

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CARISMA: first synthesis report out

World bank and IMF Spring Meetings: How can the reformed institutions play a leading role in funding the transition?

More and better finance: maximising positive climate impacts for a timely transition

Ambitious alignment with the Paris Agreement in public development banks