Advances in Consumer Research
Issue 4 : 3032-3037
Original Article
The Role of IPR in Climate Change and Green Technology Innovation
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1
Assistant Professor, Amity Law School, Amity University, Jharkhand.
2
Assistant Professor, Chotanagpur Law College, Namkum, Ranchi.
3
Assistant Professor, TMCLLS, Teerthanker Mahaveer University, Moradabd.
Abstract

Green technologies, adjacent innovations in renewable energy, energy competence, sustainable agriculture, and pollution control, offer feasible pathways to decarbonization and resource optimization. These technologies are not just incremental improvements but repeatedly involve troublesome innovations that require significant research, development, and commercialization efforts. As a result, the effectiveness of Intellectual Property Rights in incentivizing these activities within the inimitable socio-economic and regulatory landscape of India becomes a significant area of inquiry, particularly given the predictable limitations of patents in sufficiently promoting environmental innovation where market demand may not fully reproduce social value. Within this context, Intellectual Property Rights come out as a multifaceted yet crucial mechanism, potentially both accelerate and impede the development and dissemination of green technologies. Understanding the nuanced collision of India's IPR framework on green innovation is therefore supreme, as it can appreciably influence the nation's capability to attain its climate targets and encourage sustainable growth.

Keywords
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