Question

     Consider the following statements about LeadIT

    2.0: 1. Recently, India and Finland launched launch this initiative. 2. Recently, it was launched during the COP28 World Climate Action Summit, hosted in Dubai. 3. It focused on industry transition and knowledge sharing. Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 2 only Correct Answer Incorrect Answer

    Solution

    Recently, India and Sweden launched Leadership Group for Industry Transition (LeadIT) 2.0 during the COP28 World Climate Action Summit, hosted in Dubai. Since its inception in 2019, LeadIT has grown into a collaborative effort involving 18 countries and 20 industry-leading companies. LeadIT has played a pivotal role in accelerating the adoption of low-carbon technologies, aligning with global environmental goals. Three core areas of LeadIT 2.0: Inclusive and Just Industry Transition, Low Carbon Technology Development and Transfer, Emerging Economy Technology Transfer.

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