Consider the following statements about Leadership Group for Industry Transition (LeadIT):1. It was launched by the Prime Ministers of Sweden and India with support from the World Economic Forum (WEF).2. It is a voluntary initiative for promoting low-carbon transition.Which of the following codes below given is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

About Leadership Group for Industry Transition (LeadIT):

Leadership Group for Industry Transition (LeadIT) was launched by the Prime Ministers of Sweden and India with support from the World Economic Forum (WEF) during the UN Climate Action Summit in 2019, in New York.
It is a voluntary initiative for promoting low-carbon transition through active participation of private sector companies especially in the sectors like Iron & Steel, Aluminium, Cement and Concrete, petrochemicals, fertilisers, bricks, heavy-duty transport.

Source: EPIC November 2021