World Economic Forum and National Institute of Urban Affairs ink MoU to design ‘Sustainable Cities India’ program.

Why in news?

• 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.

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.