World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) have signed a Memorandum of Understanding (MoU) to collaborate on a jointly designed ‘Sustainable Cities India program’. The program aims to create an enabling environment for cities to generate decarbonization solutions across the energy, transport, and built environment sectors.
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This initiative is particularly noteworthy as it comes after the Honorable Prime Minister Narendra Modi stated India’s commitment to turn net-zero by 2070 as a climate mitigation response at COP26.
Key points:
- The ‘Sustainable Cities India program’ intends to enable cities to decarbonize in a systematic and sustainable way that will reduce emissions and deliver resilient and equitable urban ecosystems.
- The Forum and NIUA will adapt the Forum’s City Sprint process and Toolbox of Solutions for decarbonization in the context of five to seven Indian cities across two years.
- The City Sprint process is a series of multi-sectoral, multi-stakeholder workshops involving business, government, and civil society leaders to enable decarbonization, especially through clean electrification and circularity.
- The outcome of the workshop series will be a shortlist of relevant policies and business models, which not only reduce emissions but also maximize System Value, such as improved air quality or job creation.