The Leadership Group for Industry transition (LeadIT) summit 2021 held in Glasgow witnessed Union Minister for Environment, Forest and Climate Change, Bhupender Yadav deliberating upon the need for sustainable development. Yadav said the industry contributes over 30 per cent of the total CO2 emissions, hence it is critical to initiate low carbon development pathways.
A voluntary initiative, LeadIT is promoting low-carbon transition in the sectors lsuch as iron, steel, cement, concrete, fertilisers, bricks, heavy-duty transport, etc. He said Austria, USA, Ethiopia are the new countries to have joined the global initiative.
Yadav said that the developed countries should be providing the products of green technologies and driving down costs. Per Bolund, Deputy Prime Minister of Sweden, added that an important role is played by the industries in achieving net zero target which leads up to the achievement of the goal of Paris Agreement and the creation of green opportunities. Bolund who is also the Minister of Environment, said creation of demand helps in the creation of green job and radical emission reductions.
Speaking on the occasion Mahendra Singhi from Dalmia Cement added that we require to decarbonise and achieve net zero emissions. For this purpose, an important role has to be played by the LeadIT.
LeadIT member countries such as Finland, Ethiopia, Australia, Argentina, Denmark, Austria, Germany, France, Finland, Luxembourg, Ireland, USA, Swedan, Ukraine, UK, etc attended the event. It was also attended by the companies, ThyssenKrupp, LafargeHolcim, Heidelberg Cement, Skanska, among others.