Q. Which of the following given statement is/are correct?:
1. First Movers Coalition was launched by the President of the USA and the World Economic Forum (WEF).
2. It aims to decarbonise the heavy industry and long-distance transport sectors.
Select the correct answer using the codes given below:
Answer: C
Notes:
First Movers Coalition:
India has joined a public-private partnership initiative called First Movers Coalition. It was launched by the President of the USA and the World Economic Forum (WEF) at COP26 in Glasgow in November 2021. The aim of the initiative is to decarbonise the heavy industry and long-distance transport sectors that are responsible for 30% of global emissions. The target sectors include aluminium, aviation, chemicals, concrete, shipping, steel and trucking. Without any urgent progress on clean technology innovation, these sectors might witness over 50% of global emissions by mid-century.
Source: EPIC June 2022
