World Economic Forum launches alliance to supercharge India's climate action

Tags: International News

The World Economic Forum (WEF) on 23 May announced a new 'Alliance of CEO Climate Action Leaders India'. It will work towards fast-tracking India's net-zero carbon journey as well as decarbonisation.

• The coalition will strive to achieve the goals set out in the White Paper Mission 2070, released last year, as part of the World Economic Forum's Climate Task Force.

• It will bring together the government, corporations and other key players to help Prime Minister Narendra Modi meet his ambitious 'Panchamrut' target, which includes a net-zero target for the country by 2070.

• The alliance is a collaboration between management consulting firm Kearney and Indian think tank Observer Research Foundation.

• It will serve as a high-level platform to assist business leaders in developing and implementing plans and programs to meet climate goals, including net-zero economic growth.

• About World Economic Forum (WEF)

• Founded - 24 January, 1971 by German engineer and economist Klaus Schwab.

• Headquarters - Cologny, Switzerland

• Chairperson - Borge Brende

• Purpose of Formation - International Organisation for Public-Private Cooperation