India Sweden Relations: Industry Transition Dialogue

Industry Transition Dialogue: Relevance

• GS 2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.

United Nations Conference on the Human Environment: Context

• Recently, India and Sweden hosted the Industry Transition Dialogue today in Stockholm, as a part of their joint initiative i.e., Leadership for Industry Transition (LeadIT).

UNCHE: Key points

• The high level of dialogue has contributed to the UN Conference ‘Stockholm+50’: a healthy planet for the prosperity of all –our responsibility, our opportunity’, which will take place on 2 and 3 June 2022 and set the agenda for COP27.
• 2022 marks the 50^th anniversary of United Nations Conference on the Human Environment (UNCHE) that took place in 1972 and put environmental issues at the forefront of the international concerns.

UNCHE meeting: India’s stand

• India said that the developed countries must take lead in the global transition towards net zero and low carbon industry transition.
• The developing world needs not just an industrial transition, but rather an industrial renaissance – a flowering of industries and sectors that will together create jobs, prosperity and a clean environment.
• The developed countries with their historical experiences must take lead in the global transition towards net-zero and low carbon industry transition.
• The green premium associated with zero or low carbon technologies must be compensated to trigger demand at a required scale in appropriate ways.

United Nations Conference on the Human Environment

• The 1972 United Nations Conference on the Environment in Stockholm was the first world conference to make the environment a major issue.
• The participants adopted a series of principles for sound management of the environment including the Stockholm Declaration and Action Plan for the Human Environment and several resolutions.
• The Stockholm Declaration placed environmental issues at the forefront of international concerns and marked the start of a dialogue between industrialized and developing countries on the link between economic growth, the pollution of the air, water, and oceans and the well-being of people around the world.
• One of the major results of the Stockholm conference was the creation of the United Nations Environment Programme (UNEP).

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