About LeadIT
- It is a global initiative that aims to accelerate the transition of challenging sectors such as steel, cement, chemicals, aviation and shipping to low-carbon pathways.
- It gathers countries and companies that are committed to action to achieve the Paris Agreement.
- It was launched by India & Sweden at the UN Climate Action Summit in 2019 and is supported by the World Economic Forum.
- It has 41 Members including countries and companies.
- Important Member countries: USA, Australia, South Africa, France, Germany, Japan etc.
- Its management board is made up of representatives from India, Sweden and the World Economic Forum.
- LeadIT 2.0 was launched at COP28 in Dubai in 2023.