In partnership with ECO Science Foundation (ECOSF) and S&T Policy Research and Information Center (STPI) from Taiwan and the Korea Institute of S&T Evaluation and Planning (KISTEP) the 4th Asian Innovation Forum was organized in Taipei, Taiwan on July 10th, 2018. The Forum focused on the themes of Science, Technology and Innovation (STI) policy management, Emerging Technologies and National Strategy for STI for the sustainable future. The major goal of organizing this Forum was to address the key challenges facing Asia and to seek creative solutions, collaborative efforts for inclusive and sustainable growth in the region. The Forum provided a platform to seek new possibilities by bringing together innovation leaders, policy makers, researcher and STI program developers by sharing the knowledge and experiences in STI in the Asian region.

A large number of innovation leaders, policy makers and research scientists, entrepreneurs, scholars and representatives of leading STI organizations and academia from across the region attended the Forum. The Asian Innovation Forum is held annually, since it was launched in 2015 and brings together global leaders in their respective fields of STI to discuss and exchange ideas on various topics such as value creation in innovation economy, evidence-based policy making, sustainable development and inclusive growth. It is important to mention here that ECOSF is the founder member of the AIF and the Asian STI Think Tanks Networks (ASTN). On behalf of ECOSF, Prof. Dr. Manzoor H. Soomro President ECOSF and Engr. Khalil Raza Scientific Officer ECOSF participated in the Forum. During the Forum, Prof. Soomro also moderated and chaired one of the sessions co-organized by the ECOSF.

The Forum was formally opened by H.E. Liang-Gee Chen Minster for Science and Technology (MoST), Taiwan. In his welcome address, Minister Chen acknowledged all the partners for their contributions to the Forum. This Forum is an opportunity to seek creative solutions by bringing in collaborative efforts and strengthening partnership with leading STI organizations and partners, he added. Minister Chen stressed over the importance of STI policy interventions to address the challenges in the region. He shared that MoST Taiwan launched a major STI Policy shift in recent years to close the gaps between the academia and university, and catalyze the disruptive technologies such as artificial intelligence. Thus, one needs to adapt to this change and take necessary steps to tackle this challenge and turn it into an opportunity to improve the stagnant economic growth and work towards more job creation and sustainable economic development, he added.

The following panelists participated in the panel discussion:

  • Nicolas Payen, Co-Founder and CEO, Positive Energy Ltd, Singapore
  • Tony An, Chief Marketing Officer SmartCity Tech, Taiwan
  • Aslam Pirzada, CEO Ideal Autonetics Limited, Pakistan
  • Dexter Teo, Executive Director, Intellectual Property Office of Singapore International

Major takeaways of the Panel Discussion are as follows:

Mr. Nicolas Payen, Co-Founder and CEO, Positive Energy Ltd, Singapore delivered his talk on Simplify Renewable Energy Finance : A Blockchain Use Case beyond the Crypto Hype for the infrastructure Sector”. He highlighted that renewable energy is the fastest growing source of energy and by 2040, 86% of the new investment will in renewable energy industry. He outlined that solar became the cheapest source of energy financing in 2017. While the financing of the increasing number of small to mid-size projects (less than 30 MW) is far less profitable for traditional project financiers due to the associated transaction cost. Project owners struggle because projects financing is long, complex and costly when dealing with non-specialized investors and local banks. This is where the blockchain can be used to accelerate the deployment of renewable energy assets globally to mitigate the risk for the future generations related to climate change. Mr. Payen showcased as to how Positive Energy Ltd is leveraging blockchain technology to simplify renewable energy finance by providing the world’s most powerful renewable energy finance platform to source, fund and trade clean energy assets.