India, Sweden hosted the Industry Transition Dialogue as a part of LeadIT

India and Sweden hosted the Industry Transition Dialogue on June 1 in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).

  • The LeadIT initiative lays specific focus on hard to abate sectors that are key stakeholders in the global climate action and require specific interventions.
  • This high level of dialogue has contributed to the UN Conference ‘Stockholm+50’: a healthy planet for the prosperity of all –our responsibility, our opportunity’, takingplace on 2 and 3 June 2022 and set the agenda for COP27.
  • Union Environment Minister Bhupender Yadav urged developed countries to commit expertise and money and demonstrate how pollution from industrial sectors, beyond cement and steel, could be brought under control.

Stockholm 50

  • The conference in Stockholm marks 50 years since the first United Nations Conference on the Human Environment, held in Stockholm, the capital of Sweden, 50 years ago from June 5 to 16 in 1972.
  • It was then the first global effort to view environment challenges as a worldwide policy issue and define the core principles for its management.
  • The Stockholm conference led to the creation of the United Nations Environment Programme that is now an influential global voice on the state of the environment.

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