While there is still a prominent difference between green patenting processes between developed

and developing countries, many and recent efforts have been made in order to ease the
bureaucracy and systematic processes that may obstruct inventors from patenting their
innovations. Patents are useful as a protection and security tool for many private and academic
researchers, but they are also widely regarded as a spreading information tool. This diffusion
occurs when an inventor wants to increase an innovation’s reach, thus improving statistical figures
about international interaction between inventors and scientific researchers, still there are a series
of inconvenience that are stopping more inventors and developers to patent their work.

This paper gathers different contributions about regulations and implementations that must be
applied to boost green and renewable energy patent applications among different Latin-American
countries which still hold an important window to increase their participation on these subjects
worldwide. To do so, it analyzes different proposals and methodological applications that are
focused on increasing reliability on patenting processes and its effectiveness.

First of all, a new perspective around patents must be adopted by an important share or the
innovation producers. Patent information is useful as technological, legal and business
information, it also can be used as a measure of international interaction and diffusion of climate
friendly technologies when it comes to green patents, additionally, international patent
applications are likely to reflect the economic value of technology by capturing changes in inventor
behavior. (Barroso, Quoniam, & Pacheco, 2009; Miyamoto & Takeuchi, 2019)

Since there an inherent value in patenting, in recent years, green patenting has been largely
promoted in order to take advantage of this value addition to inventions while also taking action
to mitigate climate change. Different policies have been suggested to reach different ecological
objectives. Such policies range from different types of subsidization practices to bureaucracy and
process facilities. The main institution that are referred to when analyzing patent application
processes and benefits are Patent offices around the world; many of these have implemented
different measurements that seek expediting prosecution and decreasing patent application
pendency. This led us to review how geographical differences may decrease the tendency to
promote green patents, in this paper, we are focused on Latin-American countries and their green
patenting policies and diffusion practices.

Green patenting promotion is differently practiced in developed and developing countries, and
while it may be clear that developing countries still struggle to adopt further and more advanced
green technologies, it’s notable that they are going in the right direction. Several authors suggest
different measures to be implemented in developing countries, such as expedited examination,
which consist in faster reviews and shorter process times. This method is justified as an optimal
take on technology development and dissemination, which are two central objectives of the
patent system. Thus, an easier issuance for green patents will eventually lead to a greater social
benefit, outnumbering the amount of backlogged applications at main patent offices while also
increasing dedicated time at patent offices. Thus, a significant reduction in patent pendency would
increase the value of green patents, then providing more incentive for green technology
development and dissemination. Consequently, this enhances rapid commercialization of green
technologies and produces an incentive for green technology research and development. (Lu,
2013)