What's Happening?
A new machine learning tool developed by Johns Hopkins' Net Zero Industrial Policy Lab is identifying countries with potential to become leaders in clean technology. The tool, called the Clean Industrial Capabilities
Explorer, evaluates a nation's industrial capabilities and their applicability to climate tech. It highlights five core capabilities—electronics, industrial materials, machinery, chemicals, and metals—that predict a country's strength in clean energy technologies like solar, wind, and geothermal. The tool has identified several 'future stars' in clean tech, including countries in Central Europe and Southeast Asia, as well as Ethiopia in Africa.
Why It's Important?
This tool provides a strategic advantage for countries looking to invest in and develop their clean tech industries. By identifying existing industrial strengths, nations can make informed decisions about where to focus their resources and investments. This approach could lead to more efficient and effective development of clean technologies, which is crucial for addressing global climate change. The tool also democratizes knowledge that has traditionally been used by major industrial powers, potentially leveling the playing field for smaller or developing nations.
What's Next?
Countries identified as having strong potential in clean tech may begin to attract more foreign investment and focus on developing their industrial capabilities in targeted areas. Policymakers could use the insights from this tool to craft more effective industrial and climate policies, potentially leading to a shift in global clean tech leadership. The tool's findings might also influence international trade and investment strategies, as countries seek to capitalize on their identified strengths.
