New workstream to promote industrial energy efficiency
- India along with the United Kingdom launched a new workstream to promote industrial energy efficiency under the Industrial Deep Decarbonization Initiative (IDDI) at the 12th Chief Energy Ministerial (CEM).
- The commitment hinges on effective deployment of low carbon technologies in Energy Intensive Sectors like Iron & Steel, Cement and Petrochemicals.
Industrial Deep Decarbonization Initiative (IDDI)
- It is a global coalition of public and private organisations that are working to stimulate demand for low carbon industrial materials.
- In collaboration with national governments, IDDI works to standardise carbon assessments, establish ambitious public and private sector procurement targets, incentivise investment into low-carbon product development and design industry guidelines.
- Coordinated by: United Nations Industrial Development Organization (UNIDO)
- Members: IDDI is co-led by the UK and India and current members include Germany and Canada
Clean Energy Ministerial (CEM):
- It was established in December 2009 at the UN’s Framework Convention on Climate Change conference of parties in Copenhagen.
- CEM is a high-level global forum to promote policies and programs that advance clean energy technology, share lessons learned and best practices, and encourage the transition to a global clean energy economy.
- 29 countries are part of CEM including India.