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Public energy R&D investments are a crucial driver of energy technology innovation (Sections 16.2.1.1 and 16.4.1). Box 16.3, Figure 1 shows the time profile of energy-related RD&D budgets in OECD countries as well as some key events which coincided with developments of spending (IEA 2019). Such data on other countries, in particular developing countries, are not available, although recent evidence suggests that expenditures are increasing there (IEA 2020c). The IEA collected partial data from China and India in the context of Mission Innovation, but this is only available starting from 2014 and thus not included in Figure 1.

Figure caption

Public energy R&D investments are a crucial driver of energy technology innovation (Sections 16.2.1.1 and 16.4.1). Box 16.3, Figure 1 shows the time profile of energy-related RD&D budgets in OECD countries as well as some key events which coincided with developments of spending (IEA 2019). Such data on other countries, in particular developing countries, are not available, although recent evidence suggests that expenditures are increasing there (IEA 2020c). The IEA collected partial data from China and India in the context of Mission Innovation, but this is only available starting from 2014 and thus not included in Figure 1.