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
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