Consider the following statements regarding the Leadership Group for Industry Transition (LeadIT): 1. LeadIT was launched by India and Sweden at the UN Climate Action Summit in 2019. 2. LeadIT aims to achieve net-zero emissions from high-emitting industries by 2050. Which of the statements given above is/are correct? |ForumIAS

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation:

Statement 1 is correct: LeadIT was launched jointly by India and Sweden in 2019 at the UN Climate Action Summit, with support from the World Economic Forum.
Statement 2 is correct: LeadIT’s primary aim is to enable heavy industries to achieve net-zero carbon emissions by 2050, promoting a just and equitable low-carbon industrial transition.

Source- IT