International News

Job creation and cutting on emissions

February 23 , 2025 11 hrs 0 min 24 0

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.