Editor’s choice
The Leadership Group for Industry Transition (LeadIT) was launched by the governments of India and Sweden at the UN Secretary General’s Climate Action Summit in September 2019 and is supported by the World Economic Forum (WEF). LeadIT brings together countries and companies that are committed to action to achieve the Paris Agreement and is grounded in the conviction that partnership between the public and private sectors is key to achieving the industrial transition.
Industry currently accounts for roughly 30% of global CO2 emissions and industry actors will have to reduce emissions sharply to achieve global climate goals. All 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.
Bhupender Yadav, Minister of Environment, Forest and Climate Change, and Labour and Employment, India, and Romina Pourmokhtari, Minister for Climate and the Environment, Sweden at the LeadIT COP28 Summit on 9 December 2023. Photo: SEI / Flickr.
At COP28, the Leadership Group for Industry Transition (LeadIT) initiated its second phase, LeadIT 2.0, marking a joint commitment by member countries and companies to shape policy frameworks and international cooperation for an inclusive industry transition.
LeadIT’s three-year Mission Statement, adopted at the annual LeadITSummit at COP28, outlined the group’s strategic direction for the next phase which will focus on global dialogue, technology collaboration, and fostering industry transition partnerships.
Feature / On a visit to Sweden, the Indian Prime Minister Narendra Modi and his Swedish counterpart Ulf Kristersson committed to a new four-year mandate for LeadIT.
Read all LeadIT Insights at industrytransition.org/insights.
Press release / New data from LeadIT shows that less than 2% of total global emissions from the cement industry are projected to be captured by 2035.
Feature / From 22-29 September 2024, key stakeholders in government, business and civil society gathered at Climate Week NYC to drive action on industry decarbonization.
Other publication / Using case studies, this paper reviews public-private partnerships and policy mixes for industry transition on a global scale.
Feature / The India-Sweden Industry Transition Partnership, launched at COP28 to accelerate the decarbonization of heavy industry, held its first meeting in April.
