Science & Technology

The Harvard Project on Climate Agreements co-sponsored a webinar on March 30, 2021: “The Future of Green India: Energy and Climate Change.” Hosting the event was the Lakshmi Mittal and Family South Asia Institute at Harvard University. The other co-sponsors were the Environment and Natural Resources Program in the Belfer Center for Science and International Affairs, Harvard Kennedy School — and the Harvard University Center for the Environment. The Harvard Global Institute provided support for the seminar and a larger project of which it is part.

By investing in the public and private sector research and development in this space, and by fostering a community of researchers, entrepreneurs, and investors literate in CO2 capture opportunities, the United States can be the leader of this new economic sector. It is essential for the Nation to build a vibrant and sustained research and development community spanning the public sector, academic and research domains, and for-profit companies, ensuring world leadership in this new technological domain.

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.

Many congressional personal offices and committees are already staffed by smart, public-spirited scientists and technologists, and Congress can draw on outside experts to inform its legislation and its hearings. But none of the interviewees for this report or our previous report, argued that the status quo worked as well as it should; no one thought that Congress had enough STEM expertise to effectively reckon with emerging technology issues. Everyone—from members of Congress to their staffers, from non-profit leaders to private sector professionals, from generalists to STEM professionals—thought that Congress can do better. 

We are at a moment in time where cooperation between public-purpose stakeholders and profit-motive stakeholders can be an effective means of integrating public purpose into technology as it emerges. This brief covers the basic concept of a public-purpose consortium (PPC), examination of what combination of factors lead to their use for emerging technologies, and considers the key principles for organizing PPCs and enabling their success: Build Community, Enable Cooperation, Ensure Value, Institute Governance, and Keep It Lightweight.

The Boston Tech Hub Faculty Working Group (FWG), hosted by former Secretary of Defense and Belfer Center Director Ash Carter and Harvard John A. Paulson School of Engineering and Applied Sciences Dean Frank Doyle, holds monthly discussion-based meetings that explore and answer the question:

How do we resolve the dilemmas posed to public good and public purpose, created by technology’s unstoppable advances?

The Boston Tech Hub Faculty Working Group Annual Report is a summary report of findings, key insights, and outstanding questions from the discussions held during the 2019-2020 academic year.  

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the “degrowth movement,” the Covid-induced economic slowdown has a silver lining.

Historically, venture capital firms have been the first investors in many of the world’s largest and most influential companies. The business model, culture, and values of global companies are often shaped in the early years of a company’s development, and venture capital firms as the first investors and board members play an important role in this process. 

In the last few years, the world’s largest tech companies have run into major challenges in managing societal issues—the result of which has been governments, media, and activists taking a much deeper look how foundational values and cultures were shaped.

This discussion paper highlights several challenges and some potential solutions for advancing the management of societal impacts of venture capital firms and portfolio companies. 

The search for silver linings to the coronavirus pandemic has come up woefully short. But one hopeful — and much talked of — prospect is that the disruption will accelerate the global shift to a more sustainable energy future.