Technology and Innovation

The pace of technological change, particularly in the fields of information, communication, nano- and bio-technologies, is unprecedented. This provides opportunities to reduce humanity’s impact on the environment and reliance on non-renewable natural resources, while improving lifestyles, stimulating innovation and green growth. The risks and uncertainties associated with technological innovation can be managed using regulatory frameworks and the precautionary principle. By recalibrating its institutions, policies and environmental knowledge base, Europe can support better risk management, while enhancing innovation and the diffusion of new technologies .