Prime Minister Shri Narendra Modi together with H.E. Mr. Ulf Kristersson, Prime Minister of Sweden, co-launched the Phase-II of the Leadership Group for Industry Transition (LeadIT 2.0) for the period 2024-26, at COP-28 in Dubai.
India and Sweden also launched the Industry Transition Platform, which will connect the governments, industries, technology providers, researchers and think tanks of the two countries.
During the event, Prime Minister highlighted that LeadIT 2.0 will focus on the following:
Inclusive & Just Industry Transition
Co-development & transfer of low-carbon technology
Financial support to emerging economies for Industry Transition
India and Sweden had co-launched LeadIT at UN Climate Action Summit in New York in 2019.