In a serious attempt to address climate change and facilitate the commercialization of inventions, IFIA, representing 185 associations, universities, research centers and companies will join WIPO Green as Partner.

IFIA’s partnership in WIPO GREEN, an online marketplace aiming to accelerate the development and deployment of green technologies, provides an outstanding opportunity for the members to connect with key global partners, the potential licensees, potential funders, and technology seekers from all around the world.

The inclusion of IFIA Green innovations in WIPO GREEN database which assembles in one place technologies at all stages of development – from upstream research to marketable products (and everything in between), makes them available for license, collaboration, joint ventures and sale.

WIPO GREEN seeks to overcome some of the complex challenges that often hamper rapid and broad diffusion and uptake of much needed green technologies. By injecting greater transparency into the green technology market, it seeks to encourage more active exchange creating opportunities for solutions that work in one part of the world to be applied elsewhere. “The platform allows both the providers and the seekers of technology to communicate, to understand and know which technologies are available and how they can be accessed,” notes Zitouni Ould-Dada, Head of Technology Unit at UNEP.

IFIA and WIPO Green Division have endorsed an agreement to form bilateral cooperation under the framework of a Memorandum of Understanding (MOU) so that IFIA, being a potential provider of Green technologies and WIPO, having a strong network of technology seekers can deal with the ever-rising challenge of climate change.