Consider the following statements:

The Leadership Group for Industry Transition (LeadIT) was launched by the governments of Sweden and India.

It is supported by World Bank.

LeadIT members subscribe to the notion that energy-intensive industry can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions by 2050.

Which of the statements given above is/are correct?

Question

India and Sweden recently hosted the Industry Transition Dialogue in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).
The Leadership Group for Industry Transition (LeadIT) gathers countries and companies that are committed to action to achieve the Paris Agreement.
It 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.
LeadIT members subscribe to the notion that energy-intensive industry can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions by 2050.
The Management Board is made up of representatives from Sweden, India, and the World Economic Forum.
The Secretariat is responsible for managing the work of the Leadership Group and is hosted by Stockholm Environment Institute (SEI).
Currently, the Group has a membership of 16 countries and 19 companies including Dalmia Cement, Mahindra Group and SpiceJet from India.

GKToday Admin · Accepted Answer

Only 1 & 3

India and Sweden recently hosted the Industry Transition Dialogue in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).
The Leadership Group for Industry Transition (LeadIT) gathers countries and companies that are committed to action to achieve the Paris Agreement.
It 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.
LeadIT members subscribe to the notion that energy-intensive industry can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions by 2050.
The Management Board is made up of representatives from Sweden, India, and the World Economic Forum.
The Secretariat is responsible for managing the work of the Leadership Group and is hosted by Stockholm Environment Institute (SEI).
Currently, the Group has a membership of 16 countries and 19 companies including Dalmia Cement, Mahindra Group and SpiceJet from India.

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