Leadership Group for Industry Transition (LeadIT)

Why in news?

• India and Sweden hosted the LeadIT Summit on the sidelines of COP27.

What is the LeadIT Initiative?

• Leadership Group for Industry Transition(LeadIT) was launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum.
• The initiative gathers countries and companies that are committed to action to achieve the Paris Agreement.

Aims:

• LeadIT members subscribe to the notion that energy-intensive industries can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions.

Add ons:

• It is hosted by Stockholm Environment Institute (SEI), Sweden.

PRACTICE QUESTION:

Leadership Group for Industry Transition (LeadIT) was launched by India and which of the following country?

(a) Japan

(b) Israel

(c) Sweden

(d) Australia

Answer