Incentive mechanisms for technology transfer
26. [The developed country][All] Parties shall enhance and/or establish incentives at the national level, through the provision of financial support as appropriate, such as concessional loans and risk guarantees, tax exemption and subsidies for the owners of patented technologies, with a view to promoting transfer and diffusion of environmentally sound technologies to developing country Parties.
27. An incentive mechanism for enhanced cooperative action on technology development, deployment, transfer and diffusion for mitigation and adaptation projects and programmes [shall][should] be established in order to stimulate accelerated diffusion and transfer of existing and new environmentally safe and sound technologies to developing country Parties.
28. For the purpose of meeting its commitments for measurable, reportable and verifiable support for environmentally sound technologies and know-how in accordance with Article 4, paragraph 5, of the Convention, a [an Annex II] Party may transfer to, or acquire from, other Parties, Environmentally Sound Technology Rewards (ESTR) resulting from projects and programmes, including sectoral actions, that accelerate the deployment, diffusion or transfer of environmentally sound technologies for mitigation or adaptation in any sector of the economy, provided that the conditions in Annex IV are met.
