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Abstract: Climate change mitigation is considered as a high priority internationally and is placed in the top of the agenda for most politicians and decision makers. The key challenge is that low-carbon sustainable technologies need to be adopted both by developed as well as developing countries, in an effort to avoid past unsustainable practices and being locked into old, less sustainable technologies. Technology transfer (TT), as an important feature of both the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol can play a key role. TT can allow countries to move quickly to environmentally sound and sustainable practices, institutions and technologies. Indeed, the transfer or innovation process must be fast enough, to reduce global vulnerability to climate change. The aim of this paper is to analyse the TT challenges and emerging opportunities under the new climate regime, in terms of the process of innovation into an existing energy system, the related barriers and the supporting diffusion mechanisms. Good practices for renewable energy are also presented and discussed by both the developed and the developing countries in this respect. [Copyright &y& Elsevier]