IIPP enters new partnership with Climate-KIC, one of the world’s leading climate change initiatives
14 February 2019
The UCL Institute for Innovation and Public Purpose (IIPP) is delighted to announce its new partnership with Climate-KIC, Europe’s leading climate innovation initiative, which was formally confirmed on Tuesday 29 January.
'IIPP Director Professor Mariana Mazzucato speaks in a panel session on mission-oriented approaches to economic growth at Climate-KIC's Climate Innovation Summit in Dublin in 2018'
Climate-KIC, which is supported by the EU’s IIPP and Climate-KIC intend to work together on projects based on IIPP’s ground-breaking high-impact work on mission-oriented innovation, re-interpreting public value, and re-directing economies towards sustainable and inclusive green economic growth., is one of the most high-profile voices in identifying and developing innovation that helps society mitigate and adapt to climate change.
It is the first time that a UCL department has become a Climate-KIC partner. IIPP was invited to apply to the partnership process by Climate-KIC CEO Kirsten Dunlop, who is a Commissioner on IIPP’s , and leads the sub-group addressing the Grand Challenge of Clean Growth.
Professor Mariana Mazzucato, Director of IIPP said,
"IIPP is very much looking forward to working closely with Climate-KIC on our joint goals, of mission-oriented innovation and market co-creation tools to tackle climate change and create sustainable growth at the city, regional, national and international level."
IIPP has already contributed to high profile work on green economic growth and climate change, in partnership with the and , the ’s Commission for Research, Science and Innovation, and numerous global public institutions through its . The institute’s climate-linked research areas include green innovation and industrial policy, green technological revolutions, public value in the green transition, patient green financing, and green-oriented macroprudential regulation.
Upcoming research and policy engagement activity will focus on economy-wide Green New Deals, green transition within a complex economic system, climate change and the labour market, green welfare states and decarbonising value chains.
David Price, UCL Vice-Provost of Research, said,
"I am really happy to see that the Institute for Innovation and Public Purpose, a ground-breaking institute which is one of UCL’s newest, has developed a partnership with Climate-KIC, and that the Institute will be working closely with Climate-KIC on their joint research goals. I am sure that there will be positive benefits within the wider UCL community, as the partnership develops."
IIPP works in multiple research areas, with four key pillars: Rethinking Value, Directing Finance, Shaping Innovation and Transforming Institutions. Its overall aim is to rethink how public value is created, nurtured and evaluated to tackle societal challenges and achieve economic growth that is more innovation-led, sustainable and inclusive.
Martha McPherson, IIPP's Head of Green Economy and Sustainable Growth, will manage the partnership with Climate-KIC.
- Read our latest policy brief titled The Green New Deal: A bold mission-oriented approach
- Interview with Mariana Mazzucato by Climate-KIC