New Delhi, Nov 12 India is committed to climate action with a focus on multilateral collaboration through initiatives such as the Leadership Group for Industry Transition (LeadIT), Union Environment Minister Bhupender Yadav said on Thursday.
Launched in 2019 by the Indian and the Swedish governments, the LeadIT is a global initiative that unites governments and companies committed to achieving net-zero emissions in the heavy industry sector.
Currently, it has 19 countries and 33 companies as members.
Yadav made the comments during an interaction with industry representatives from hard-to-abate sectors like steel, cement and transport, and academic research institutes in New Delhi.
“India’s approach to climate action is firmly rooted in the power of collaboration among government, industry, and academia,” said the minister.
During the interaction, LeadIT industry members and project partners shared their experiences of engaging with LeadIT and highlighted the importance of collaboration with government and academia.
Moreover, industry members appreciated the support that the platform has provided in formulating project partnerships, assessing technology feasibility and sharing knowledge, according to a statement by the Union Environment Ministry.
It added that industry representatives expressed the need for further support for pre-competitive project preparation, pilot projects and capacity building.
Note that Indian member companies of LeadIT include Tata Steel, JSW Steel, SAIL, Synergy Advanced Metals, Adani Ambuja Cement, Dalmia Cement, JK Cement, JSW Cement, UltraTech Cement, Volvo Group, and SpiceJet.
(PTI News)
