Business

India Joins Global Initiative To Combat Climate Change, Ranked Among 13 Leading Nations

India has been recognized as one of the 13 leading industrial clusters in the world that are at the forefront of the fight against climate change. Along with nations like Australia, Brazil, the Netherlands, the UK, and Saudi Arabia, India has joined the World Economic Forum’s (WEF)

Transitioning Industrial Clusters initiative. This global collaboration aims to tackle climate change and protect the planet, according to a WEF statement released on Sunday.

Key Role Of Industrial Clusters In Clean Energy Transition

A new white paper released by the WEF highlights the critical role industrial clusters play in advancing the deployment of clean-energy infrastructure. The paper emphasizes how leading players are adopting innovative business models and collaboration strategies while leveraging digital technologies to accelerate the energy transition.

The report, titled Accelerating the Energy Transition: Unpacking the Business and Economic Cases, also underscores the challenge of converting the well-established benefits of climate action into private investment.

The WEF statement points out that this shift remains a significant hurdle despite the growing urgency for climate action.

Global South Faces Brunt Of Climate Change

Cindy H. McCain, Executive Director of the United Nations World Food Programme, called attention to the disproportionate impact of climate change on the Global South. “The people that can least afford it, that have the least ability to fight it, are the ones being affected the most,” she stated, highlighting the stark inequalities in climate vulnerability.

As extreme weather events and risks related to climate change become more frequent, world leaders at the WEF 2025 summit urged for quicker, broader, and more decisive action.

These discussions built on the momentum of three key UN COPs held in 2024, focused on Climate, Land, and Biodiversity. The leaders emphasized the need to scale renewable energy, drive energy efficiency, address rising energy demand, and protect and restore nature.

WEF’s Efforts To Accelerate Nature-Positive Action

In a related development, the WEF released its inaugural State of Nature and Climate report. This report presented the latest data on planetary health and assessed global corporate efforts to address climate and nature-related challenges.

Additionally, the WEF published six reports aimed at accelerating the global shift toward a nature-positive future. These reports focused on sector-specific strategies for industries like offshore wind, mining and metals, ports, and automotive, while another report examined financing solutions for creating nature-positive cities.

Awards Highlight Groundbreaking Climate Initiatives

The WEF also announced its first-ever Giving to Amplify Earth Action (GAEA) Awards, recognizing five innovative initiatives that are advancing solutions to the world’s most pressing climate and nature challenges.

These award-winning collaborations will receive tailored support throughout 2025 to help scale their impact and drive systemic change.

Commitments From Global Companies For Sustainable Practices

In addition to the awards, several leading companies across sectors such as retail, e-commerce, mobility, and logistics announced new commitments toward more sustainable urban deliveries. These companies are working closely with governments to embrace new solutions and business models that benefit consumers, couriers, businesses, and cities.

Also Read: Government E-Marketplace Hits Rs 4 Lakh Cr GMV In Just 10 Months

Purnima Mishra

Recent Posts

Pakistan’s Digital Frontline: Jokes, Memes And Savage Self-Roasts

While tensions between India and Pakistan escalate post the tragic Pahalgam terror attack, something unexpected…

24 mins ago

Reliance Industries Q4 Net Profit Rises 6.4% As Retail And Digital Units Offset Energy Weakness

Reliance Industries delivered a strong Q4 FY25 performance, with Y-o-Y net profit rising 6.4% to…

33 mins ago

Yash Pratap Singh And Mehak Jaiswal Top UP Board Exams With Outstanding Scores

Yash Pratap Singh of Jalaun tops Class 10 with 97.83%, while Prayagraj’s Mehak Jaiswal secures…

37 mins ago

Yogi Adityanath Calls For Reforms To Make Madrasa Education Modern And Employment-Oriented

Chief Minister Yogi Adityanath on Friday emphasised the need for sweeping reforms in the madrasa…

2 hours ago

Tulsi Gabbard Backs India’s Hunt For Pahalgam Terror Attack Perpetrators

United States Director of National Intelligence (DNI) Tulsi Gabbard on Friday expressed strong support for…

2 hours ago

World Leaders Head To Rome For funeral Of Pope Francis

Indian President Droupadi Murmu will also attend, representing India alongside Union Minister Kiren Rijiju, Minister…

3 hours ago