Launch of India-Sweden Partnership at COP28 paves the way for LeadIT 2.0.

5 December 2023

Indian Prime Minister Modi (right) and Swedish Prime Minister Kristersson (left)
Indian Prime Minister Modi (right) and Swedish Prime Minister Kristersson (left)

On Friday 1 December 2023, at COP28, Prime Minister of India, Shri Narendra Modi and Prime Minister of Sweden, Ulf Kristersson convened at a High-Level COP28 event to unveil a strengthened partnership aiming to spearhead a more ambitious and accelerated global industry transition. The collaboration has been developed with the support of the Leadership Group for Industry Transition (LeadIT).

Read the joint leaders statement

joint leaders statement

The new partnership between India and Sweden will strengthen cooperation on low-carbon industrial transition and support India’s transition priorities through a coordinated and bespoke offer of bilateral and multilateral technical and financial cooperation.

Clear and tangible results from the partnership are to be delivered by COP30 in 2025.

photo 2023 12 04 16 47 58

Speaking at the launch event, the Prime Minister of Sweden, Ulf Kristersson, emphasized the shared commitment: “We have decided to collaborate to strengthen relevant institutions and policy frameworks to co-develop technology, to collaborate on research and innovation, and to mobilize investments in the transition”.

Prime Minister of India, Narendra Modi, expressed optimism about the partnership’s future impact: “I believe, together, we will be successful in writing a new green growth story for the future generation.”

Per Andersson, LeadIT Head of Secretariat, stated in a press release: “LeadIT and the secretariat welcome the partnership and look forward to supporting the collaboration to unlock green industrial projects in sectors such as steel and cement. This partnership will be a key part of the future work of LeadIT as our members push the frontiers of the green industry transition forward to achieve net-zero emissions from industry by 2050.”

Watch Indian Prime Minister Modi and Swedish Prime Minister Kristersson launch LeadIT 2.0 and new India-Sweden partnership. For an English translation activate CC captions or click here to watch portions of Minister Modi´s statement in a video produced by the Indian Embassy, Stockholm on LinkedIn)

Insights.

You may also be interested in these LeadIT analyses.

View all

3 Oct 2024

The view from New York – reflections from Climate Week 22-29 September 2024

Written by Jane Birch, Nadia Mondini

At two LeadIt hosted events at Climate Week 2024, speakers from industry, technology providers, government, academia and financiers focused on the necessary actions to accelerate the industry transition to net-zero.

Cement

Climate Politics

Finance

Innovation

Partnerships

Policy

Steel

Read full article

28 Jun 2024

Building a Stronger Partnership for Net Zero – LeadIT at Almedalen

Written by Jane Birch

Swedish political week Almedalen saw a strengthening of the Leadership Group for Industry Transition with two new members signing up to the global mission to decarbonize heavy industry. Action to achieve global industry transition needs both established heavy industry and technology innovators to learn from each and to . The LeadIT group is therefore delighted to welcome two new members - both committed to achieving decarbonization but representing different challenges.

Building materials

Cement

Emerging Markets

Innovation

Partnerships

Steel

technology

Value Chain

Read full article

28 Jun 2024

LeadIT welcomes new members Cemvision “the green disruptors”

Written by Jane Birch

Swedish based cement scale up Cemvision has become the latest company to join the Leadership Group for Industry Transition (LeadIT).

Building materials

Cement

Innovation

Partnerships

technology

Read full article

27 Jun 2024

Major steel manufacturer SAIL (Steel Authority of India Limited) joins LeadIT

Written by Jane Birch

The Steel Authority of India (SAIL), owned by the Indian Ministry of Steel has become the latest manufacturer to sign up to the vision and mission of the Leadership Group for Industry Transition.

Building materials

Emerging Markets

Industry Transition Partnership

Partnerships

Steel

technology

Read full article

10 Jun 2024

Technology co-development: delivering technology where it’s needed

Written by Nadia Mondini, TESS

A just and equitable transition requires diffusion and massive scaling of clean technologies. This is particularly the case for heavy industries, like steel or cement, which generate about one quarter of global carbon emissions. However, the deployment of such technologies faces numerous obstacles and this has resulted in an increased focus on co-development strategies.

co-development

Partnerships

Policy

technology

Read full article

3 May 2024

India Sweden Industry Transition Partnership (ITP) the next steps

Written by Nadia Mondini, Felipe Sanchez

On April 22, the India – Sweden Industry Transition Partnership successfully kicked off its work at its inaugural meeting held in New Delhi. Here Felipe Sanchez and Nadia Mondini from the LeadIT Secretariat take a closer look at the work of the ITP and key takeaways from New Dehli.

Cement

Climate Politics

Developing Countries

Finance

Industry Transition Partnership

Partnerships

Steel

Read full article