Technology, science and capacity building are major pillars of the Means of Implementation of the Post-2015 Agenda and of the Rio+20 follow-up processes. The research, development, deployment, and widespread diffusion of environmentally sound technologies in the context of a Green Economy is also closely linked to other core elements and means of implementation, including innovation, business opportunities and development, trade of environmental goods and services, finance and investment, and institutional capabilities.
In order to eradicate poverty and reorient current unsustainable development trajectories over the period 2015 to 2030, affordable technological solutions have to be developed and disseminated widely in the next fifteen years. The Means of Implementation of the Post-2015 Development Agenda and the Addis Ababa Action Agenda could nevertheless provide an opportunity to address some of the gaps hindering the facilitation and transfer of these technologies.
In 2012, the UN Conference on Sustainable Development (“Rio+20”) called for identifying technology facilitation mechanism. The Addis Ababa Action Agenda, in its paragraph 123, decided to establish a technology facilitation mechanism. The mechanism will be launched at the United Nations summit for the adoption of the post-2015 development agenda in order to support the sustainable development goals.