LEADIT
2.0 - ENVIRONMENT
News:
India Sweden launch
LeadIT 2.0
What's
in the news?
●
Recently, India and Sweden launched the Leadership Group for Industry Transition
(LeadIT) 2.0 during the COP28 World Climate Action Summit, hosted in Dubai.
Leadership
Group for Industry Transition (LeadIT) 2.0:
●
Since its inception in 2019, LeadIT has
grown into a collaborative effort involving 18 countries and 20
industry-leading companies.
Features:
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The LeadIT initiative, initially centered
around pivotal sectors such as iron,
steel, cement and aluminium, focused on industry transition and knowledge
sharing.
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LeadIT has played a pivotal role in accelerating the adoption of low-carbon
technologies, aligning with global environmental goals.
Core
areas of LeadIT 2.0:
1.
Inclusive and Just Industry Transition:
●
Ensuring that industry transitions are not
only efficient but also equitable, promoting fairness and inclusivity in the
process.
2.
Low Carbon Technology Development and Transfer:
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Placing renewed emphasis on the
development and seamless transfer of low-carbon technologies, crucial for
achieving sustainable practices across industries.
3.
Emerging Economy Technology Transfer:
●
Facilitating the expedited transfer of
innovative solutions to emerging economies, assisting in their transition to
more sustainable practices.
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It serves as a platform for public-private
collaboration, fostering sector-specific and cross-sectoral learning,
especially concerning innovation opportunities and new technologies.