Innovation and Climate Change Mitigation Technology in the Asian and African Mining Sector: Empirical Analysis Using the LMDI Method

Abstract

Technology plays an essential role as climate change becomes a growing concern worldwide. This article aims to examine the influence that innovation exerts on climate change mitigation technology (CCMT) in the African and Asian mining sectors. Data were collected from the World Intellectual Property Organization mining database. We conducted a decomposition analysis of patent families between 2011 and 2020 based on the Logarithmic Mean Divisia Index (LMDI) method. Findings revealed that African countries do not devote their innovation efforts to adaptive technologies, resulting in a mismatch between mining and access to technologies as the scope of R&D narrows. In Asia, the drive for innovation and technological efficiency is a tool to prevent economic damage and legitimize technological benefits as solutions for climate change mitigation technology. This outcome calls on political, national, and international governments to bridge the innovation gap to trigger a real shift from innovation to these technologies.