Sustainable Cities India Program
On February 24, 2022, the World Economic Forum (WEF) and National Institute of Urban Affairs (NIUA) inked a memorandum of understanding (MoU) to design ‘Sustainable Cities India’ program.
Key Points
- This partnership between WEF and NIUA is significant in the light of India’s commitment of achieving net zero carbon emission by 2070, made at COP26 summit in Glasgow.
- WEF and NIUA will adapt WEF’s ‘City Sprint’ process as well as ‘Toolbox of Solutions’ for decarbonisation of five to seven Indian cities in two years.
City Sprint process
City Sprint Process is a series of multi-sectoral, multi-stakeholder workshops that involved government, business, and civil society leaders to enable decarbonisation, specifically through clean electrification and circularity. It will help to jumpstart and accelerate net zero action and planning. The workshop series will shortlist relevant policies and business models, which will help in reducing emissions and maximizing System Value, like improved air quality or job creation.
Toolbox of solutions
The City Sprint Process uses “Toolbox of Solutions”, which is a digital platform comprising of more than 200 examples of clean electrification, efficiency & smart infrastructure best practices and case studies across energy systems, buildings, and mobility from 110 cities of the world.
Pilot Solutions
The City Sprint process is also likely to enable cities to run pilot solutions. Based on the findings, India will be able contribute 10 to 40 best practice case studies. These case studies will be integrated into the ‘toolbox of solutions’ and showcased worldwide.
About Sustainable Cities India Program
- The Sustainable Cities India Program is aims to enable cities to generate decarbonisation solutions in different sectors including energy and transport.
- It seeks to enable cities to decarbonise in a systematic and sustainable way, in a bid to reduce emissions and deliver equitable and resilient urban ecosystems.
World Economic Forum (WEF)
The WEF is an international non-governmental and lobbying organisation. It is headquartered in Geneva, Switzerland. It was founded on January 24, 1971 by Klaus Schwab.
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs