India and Sweden Host Industry Transition Dialogue In Stockholm

Tags: International Relations International News

India and Sweden hosted the Industry Transition Dialogue on 2 June in Stockholm as a part of their joint initiative, Leadership for Industry Transition (LeadIT).

• The LeadIT initiative focuses on areas that are major stakeholders in global climate action and require specific interventions.

• This high level dialogue has made a significant contribution to the United Nations Conference 'Stockholm+50'.

• Stockholm +50 is a World Environment Assembly held on 2 and 3 June to commemorate the first United Nations Conference on the Human Environment in 1972.

• It sets the agenda for COP27.

• Japan and South Africa are the latest members of the initiative.

• At present, the total number of LeadIT members is 37, including countries and companies.

• Union Minister of Environment, Forest and Climate Change Bhupender Yadav addressed the event. 

• He said it is a time to celebrate 50 years of collaborative action, as well as a time to introspect on what we have achieved so far and what remains to be achieved.

• During the event, India chaired the Round Table Talks on priorities for implementation for 2022-23.

• Countries and companies share their initiatives, success stories and plans for the future.

• About Sweden

• Capital - Stockholm

• National Day - 6 June

• Parliament - Called ‘riksdag’ 

• Members of parliament  - 349 in a single chamber

• Head of state - King Carl XVI Gustaf; heir to the throne is Crown Princess Victoria

• Total area - 528,447 sq km (fifth largest country in Europe)

• Highest mountain - Kebnekaise (2,099 m)

• Biggest lake - Vänern (5,650 sq km)

• Currency  -  Swedish krona