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WEF conducts First Movers Coalition Leadership Meeting

Published on January 20, 2023
Current Context: The First Movers Coalition Leadership Meeting, which discussed the demand for sustainable energy solutions, was recently held by the World Economic Forum. At the meeting, India took part.
WEF conducts First Movers Coalition Leadership Meeting
  • India sought greater investments from Europe. The nation emphasized the importance of cooperation with other European nations.
  • India discussed its Startup 20 agenda during meetings with various foreign leaders. India will host the S20, a science summit, concurrent with the G20 summit. India will host the G20 summit in 2023.
  • At the CII-EY Session, Shri Anurag Jain, Secretary of, the Department for Promotion of Industry and Internal Trade (DPIIT), emphasized India's role in democratizing the digital environment. Along with Japan's Minister of Digital Affairs Kono Taro, the Secretary took part in a public WEF session where he discussed efforts being made to collaborate on data.
  • First Movers Coalition
    • In 2021, US President Joe Biden introduced the FMC. He introduced it at the Glasgow Climate Change Conference. The coalition wants to develop a healthy market for sustainable energy products.
    • The FMC wants to help decarbonize high-emitting sectors like aviation, steel, shipping, and chemicals. Leveraging their purchasing power will enable this.
    • In 2023, the coalition gained the support of Japan, India, Norway, Italy, Sweden, the UK, the United States, Singapore, Germany, Denmark, and Canada.

Question:

Q.1 Who organized the First Movers Coalition Leadership Meeting?
a. IMF
b. WEF
c. WTO
d. UNDP

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