India-UK launch Workstream to promote industrial energy efficiency
India and United Kingdom have launched a new workstream to promote industrial energy efficiency. The workstream was launched under Industrial Deep Decarbonization Initiative (IDDI) of Clean Energy Ministerial (CEM).
12th Clean Energy Ministerial (CEM)
- 12th CEM is being organised by Chile in virtual mode. It was started on May 31 and will conclude on June 6.
- India and United Kingdom, launched a new workstream which is also coordinated by United Nations Industrial Development Organization (UNIDO).
Industrial Deep Decarbonization Initiative (IDDI)
Clean Energy Ministerial Industrial Deep Decarbonisation Initiative (IDDI) is a global coalition comprising of public and private organisations working together to stimulate demand of low carbon industrial materials. IDDI works to standardise carbon assessments and establish ambitious public & private sector procurement targets in collaboration with governments. It also incentivises investment into low-carbon product and design industrial guidelines. IDDI is Coordinated by UNIDO while Co-led by India and UK. Additional members of the initiatives are Germany and Canada. It brings together a strong coalition of related initiatives and organizations.
Objective of IDDI
Primary objective of this initiative is to infuse green technologies and stimulate demand for low-carbon industrial material.
Month: Current Affairs - June, 2021
Category: International Current Affairs
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