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Leadership for Industry Transition (LeadIT).

  • Posted By
    10Pointer
  • Categories
    World Affairs
  • Published
    3rd Jun, 2022

Context

India and Sweden hosted the Industry Transition Dialogue in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).

2022 marks the 50th anniversary of the United Nations Conference on the Human Environment (UNCHE) that took place in 1972 and put environmental issues at the forefront of international concerns.

UNCHE meeting: India’s stand

  • India said that the developed countries must take lead in the global transition towards net zero and low carbon industry transition.
  • The developing world needs not just an industrial transition, but rather an industrial renaissance – a flowering of industries and sectors that will together create jobs, prosperity and a clean environment.
  • The developed countries with their historical experiences must take lead in the global transition towards net-zero and low carbon industry transition.
  • The green premium associated with zero or low carbon technologies must be compensated to trigger demand at a required scale in appropriate ways.

About United Nations Conference on the Human Environment

  • The 1972 United Nations Conference on the Environment in Stockholm was the first world conference to make the environment a major issue.
  • The participants adopted a series of principles for sound management of the environment including the Stockholm Declaration and Action Plan for the Human Environment and several resolutions.
  • The Stockholm Declaration placed environmental issues at the forefront of international concerns and marked the start of a dialogue between industrialized and developing countries on the link between economic growth, the pollution of the air, water, and oceans and the well-being of people around the world.
  • One of the major results of the Stockholm conference was the creation of the United Nations Environment Programme (UNEP).

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