CURRENT AFFAIRS

Detailed explanation-1: -The correct answer is World Economic Forum. The World Economic Forum (WEF) and the National Institute of Urban Affairs have signed an MoU to design the ‘Sustainable Cities India’ program. It is aimed at enabling cities to generate decarbonization solutions across different sectors.

Detailed explanation-2: -The NIUA (National Institute of Urban Affairs) and the WEF (World Economic Forum) has reportedly inked an MoU (Memorandum of Understanding) to work together on Sustainable Cities India. It is a crucial step in realizing India’s vision of expediting the transition towards clean energy.

Detailed explanation-3: -The ‘Sustainable Cities India’ initiative aims to help cities decarbonize in a systematic and sustainable manner, reducing emissions while delivering resilient and equitable urban ecosystems. This initiative reinforces India’s commitment at COP26 to achieve net-zero emissions by 2070 as a climate mitigation response.

Detailed explanation-4: -The GEF’s Sustainable Cities Impact Program supports 23 cities in nine participating countries across Africa, Asia and South America. It is developing innovative sustainability solutions and strengthening institutional capacity, to move towards a net zero carbon, nature positive, inclusive and resilient urban future.