Launch of India-Sweden Partnership at COP28 paves the way for LeadIT 2.0.

5 December 2023

Indian Prime Minister Modi (right) and Swedish Prime Minister Kristersson (left)
Indian Prime Minister Modi (right) and Swedish Prime Minister Kristersson (left)

On Friday 1 December 2023, at COP28, Prime Minister of India, Shri Narendra Modi and Prime Minister of Sweden, Ulf Kristersson convened at a High-Level COP28 event to unveil a strengthened partnership aiming to spearhead a more ambitious and accelerated global industry transition. The collaboration has been developed with the support of the Leadership Group for Industry Transition (LeadIT).

Read the joint leaders statement

joint leaders statement

The new partnership between India and Sweden will strengthen cooperation on low-carbon industrial transition and support India’s transition priorities through a coordinated and bespoke offer of bilateral and multilateral technical and financial cooperation.

Clear and tangible results from the partnership are to be delivered by COP30 in 2025.

photo 2023 12 04 16 47 58

Speaking at the launch event, the Prime Minister of Sweden, Ulf Kristersson, emphasized the shared commitment: “We have decided to collaborate to strengthen relevant institutions and policy frameworks to co-develop technology, to collaborate on research and innovation, and to mobilize investments in the transition”.

Prime Minister of India, Narendra Modi, expressed optimism about the partnership’s future impact: “I believe, together, we will be successful in writing a new green growth story for the future generation.”

Per Andersson, LeadIT Head of Secretariat, stated in a press release: “LeadIT and the secretariat welcome the partnership and look forward to supporting the collaboration to unlock green industrial projects in sectors such as steel and cement. This partnership will be a key part of the future work of LeadIT as our members push the frontiers of the green industry transition forward to achieve net-zero emissions from industry by 2050.”

Watch Indian Prime Minister Modi and Swedish Prime Minister Kristersson launch LeadIT 2.0 and new India-Sweden partnership. For an English translation activate CC captions or click here to watch portions of Minister Modi´s statement in a video produced by the Indian Embassy, Stockholm on LinkedIn)

Insights.

You may also be interested in these LeadIT analyses.

View all

20 Nov 2024

Five-year report highlights LeadIT’s successes and remaining challenges

Written by Jane Birch

LeadIT has published its first five-year report, outlining its work, successes and impacts so far and the remaining challenges in aligning industry with the Paris Agreement. The report was launched at COP29 in Baku.

Climate Politics

co-development

Net Zero Targets

Partnerships

Policy

Read full article

14 Nov 2024

Ashok Leyland, world’s 4th largest bus manufacturer, joins LeadIT

Written by Jane Birch

Ashok Leyland is a leading Indian multinational automotive manufacturer with an ambition to lead the transformation in road transportation. The company joined LeadIT during COP29.

Innovation

Net Zero Targets

Partnerships

technology

Value Chain

Read full article

24 Oct 2024

Cement delegation visits Sweden

Written by Jane Birch

A delegation representing the Indian cement industry including manufacturers and trade associations accompanied by representation from the Indian government has visited Sweden on a fact finding visit hosted by LeadIT

Building materials

Cement

co-development

Industry Transition Partnership

Innovation

Partnerships

technology

Read full article

20 Oct 2024

India and Sweden the perfect match – driving policy, technology and finance for net zero

Written by Danny Chapman, Jane Birch

Decarbonizing the global cement and steel industries through partnerships enabled by LeadIT was top of the agenda at the India Sweden Innovation Day held in Stockholm.

Cement

Climate Politics

co-development

Finance

Industry Transition Partnership

Innovation

Partnerships

Roadmaps for Industry Transition

Steel

technology

Read full article

3 Oct 2024

The view from New York – reflections from Climate Week September 2024

Written by Nadia Mondini, Jane Birch

At two LeadIt hosted events at Climate Week 2024, speakers from industry, technology providers, government, academia and financiers focused on the necessary actions to accelerate the industry transition to net-zero.

Cement

Climate Politics

Finance

Innovation

Partnerships

Policy

Steel

Read full article

28 Jun 2024

Building a Stronger Partnership for Net Zero – LeadIT at Almedalen

Written by Jane Birch

Swedish political week Almedalen saw a strengthening of the Leadership Group for Industry Transition with two new members signing up to the global mission to decarbonize heavy industry. Action to achieve global industry transition needs both established heavy industry and technology innovators to learn from each and to . The LeadIT group is therefore delighted to welcome two new members - both committed to achieving decarbonization but representing different challenges.

Building materials

Cement

Emerging Markets

Innovation

Partnerships

Steel

technology

Value Chain

Read full article