Q. The term “LeadIT” often seen in news is related to which of the following?

[A] IT software developer

[B] Companies committed to action to achieve the Paris Agreement

[C] Natural farming cooperatives

[D] Crude oil companies

Answer: B

Explanation: The LeadIT gathers countries and companies that are committed to action to achieve the Paris Agreement.

  • It was launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum.
  • LeadIT members subscribe to the notion that energy-intensive industries can and must progress on low[1]carbon pathways, aiming to achieve net-zero carbon emissions.

Source: Economic Survey 2023