How to Incentivize Innovation?

We know many of the obstacles in the way of a creating a cleaner planet - making cement green, decarbonising electricity or creating affordable clean transport. But how do we get the experts the funding they need to bring these solutions to the world?

Many people see innovation prizes as the answer - from Prince William’s ‘Earthshot’ to Elon Musk’s ‘X-Prize’ there are hundreds of millions of dollars up for grabs. Is this the best way to find solutions to the climate crisis? Who really wins from these prizes, companies or the climate?

Joining presenters Neal Razzell and Graihagh Jackson are –

Marcius Extavour, Chief Scientist and Vice President for Energy and Climate at the XPrize foundation

Robert Burrell, Professor of Intellectual Property and Information Technology Law

Zorina Khan, Professor of Economics at Bowdoin College and Author of Inventing Ideas

Vidyut Mohan, Co-Founder of Takachar

Plus an interview with Hannah Ritchie from Our World In Data, on plans put forward by the New Zealand Government to tax cow burps.

Email us: theclimatequestion@bbc.com

Producer: Jo Casserly Reporter: Partha Prasad Researcher: Natasha Fernandes Series Producer: Jordan Dunbar Editor: Richard Fenton-Smith Production coordinators: Siobhan Reed and Helena Warwick-Cross