Abstract
In the twenty-first century, the relationship between intellectual property rights (IPR) and climate change has become a crucial topic in legal and policy discussions. Innovation in environmentally friendly technologies is essential as the world community steps up efforts to tackle climate change. In this situation, intellectual property laws, especially those pertaining to patents, have two functions: they encourage innovation by giving inventors exclusive rights, but they also make it difficult for green technology to be distributed fairly, particularly in developing nations. The changing relationship between IPR and climate change is examined in this article, which also looks at how current frameworks can help or impede climate action. It delves deeper into international agreements, such the TRIPS Agreement, and how they affect access, affordability, and technology transfer. In order to strike a balance between private rights and the demands of the global environment, the study also assesses strategies like mandatory licensing, patent pools, and open innovation models. In order to support a more equitable and successful global response to climate change, the paper ultimately makes the case for a recalibrated IPR regime that is in line with sustainability goals, encourages innovation, and guarantees inclusive access to climate-friendly technologies.
Keywords :- Intellectual Property Rights, Climate Change, Patent Law, Technology Transfer, Sustainable Development.