Where did the Leadership Group for Industry Transition (LeadIT) hold its sixth annual summit?
Baku, Azerbaijan
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India and Sweden co-chaired the 6th Annual Summit of the Leadership Group for Industry Transition (LeadIT) in Baku, Azerbaijan, during COP29. LeadIT was launched in September 2019 at the UN Climate Action Summit in New York. LeadIT2.0, launched at COP28 in 2023, sets new targets for 2024-26. The summit was co-chaired by India’s Kirit Vardhan Singh and Sweden’s Romina Pourmokhtari. Attended by 41 member countries and various stakeholders from industry and academia. LeadIT, supported by the World Economic Forum, targets carbon emissions reduction in energy-intensive industries to achieve net zero by 2050.
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