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Job creation and cutting on emissions
February 23 , 2025
11 hrs 0 min
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- Thirteen new industrial clusters have joined the World Economic Forum's (WEF) Transitioning Industrial Clusters initiative.
- It was bringing the total number of the participating clusters to 33 across 16 countries and five continents.
- The new joiners came from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, Sweden, Thailand, and the United Kingdom.
- This initiative, launched at COP26 in 2021, aims to reduce greenhouse gas emissions while promoting economic growth and job creation.
- Together, the 33 clusters have the potential to cut 832 million tonnes of carbon dioxide-equivalent emissions annually.
- It is roughly equivalent to the emissions of Saudi Arabia.
- These clusters also contribute $492 billion to global GDP and support 4.3 million jobs.
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