Open innovation and crowdsourcing are powerful approaches for accelerating the development of climate solutions by tapping into a global pool of knowledge, expertise, and creativity. Open innovation involves actively seeking and integrating external ideas, technologies, and resources into a company’s innovation process. Crowdsourcing, a specific form of open innovation, leverages the collective intelligence of a large group of people to solve problems, generate ideas, and develop solutions.
Open Innovation and Crowdsourcing foster multi-stakeholder collaboration by democratizing solutions, amplifying diverse perspectives, and accelerating climate action. This approach engages communities, businesses, and governments in co-creating scalable solutions, driving innovation across sectors to meet climate goals effectively and inclusively.
Open innovation and crowdsourcing are being successfully implemented by companies across various industries: