Investing in innovation for climate change, food security and agriculture
In many cases, even once innovations have been developed, market or government failures prevent them from reaching an efficient scale. The Commission identifies such barriers and proposes institutional mechanisms to efficiently stimulate innovation and take the most effective ones to scale. It also examines the role of meta-innovations: mechanisms for encouraging innovation development and scaling, such as open, tiered, evidence-based social innovation funds, and Advance Market Commitments for climate change, food security, and agriculture.
The Commission brings together an independent, diverse, and high-level group. This includes former heads of state and cabinet ministers, and leaders in international organizations and the private sector. The Commission is chaired by Michael Kremer, the co-recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2019. His work on Advance Market Commitments was instrumental in the adoption of this approach as a tool for promoting private sector participation in the development of health innovations for low- and middle-income countries and he helped establish USAID’s Development Innovation Ventures.
The Commission Secretariat draws on published knowledge as well as consultations with experts from academia, government, the private sector, international organizations, and civil society. Over the next three years, the Commission will generate concrete proposals to develop and scale innovations, based on a careful assessment of available scientific and economic evidence, and engage with a range of stakeholders to disseminate and amplify this work. In this process, the Commission will engage with a range of partners, including Hesat2030, the Ministry of Agriculture and Farmers Welfare of India, Inter-American Institute for Cooperation on Agriculture (IICA), Market Shaping Accelerator (MSA), and others.

