Consider the following statements: 1. "The Climate Group" is an international non-profit organization that drives climate action by building large networks and running them. 2. The International Energy Agency in partnership with the Climate Group launched a global initiative "EP100". 3. EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals. 4. Some Indian companies are members of EP100. 5. The International Energy Agency is the Secretariat to the "Under2 Coalition". Which of the statements given above are correct?

QUESTION

Medium

Environment & Ecology

Prelims 2022

Consider the following statements:

"The Climate Group" is an international non-profit organization that drives climate action by building large networks and running them.
The International Energy Agency in partnership with the Climate Group launched a global initiative "EP100".
EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals.
Some Indian companies are members of EP100.
The International Energy Agency is the Secretariat to the "Under2 Coalition".

Which of the statements given above are correct?

Select an option to attempt

Explanation

Statement 1 is correct. The CLIMATE GROUP is an international non-profit organization founded in 2003, with offices in London, New York, New Delhi, Amsterdam, and Beijing. Its mission is to drive rapid climate action. This group builds and runs networks.

Statement 2 is incorrect. EP100 is a global initiative led by The Climate Group and the Alliance to Save Energy (not by the International Energy Agency).

Statement 3 is correct. The Climate Group's global EP100 initiative brings together a growing cohort of energy-smart companies committed to improving their energy productivity and reducing greenhouse gas emissions. By incorporating ambitious energy targets into their business strategies, leading companies are fostering innovation in energy efficiency, enhancing competitiveness, and achieving emissions reduction goals.

Statement 4 is correct. EP100 has a global reach, with member companies operating in over 130 markets worldwide. India's Mahindra Group is among the frontrunners in the ongoing efforts to decrease energy consumption and carbon dioxide emissions by transitioning to renewable energy sources.

Statement 5 is incorrect. The Climate Group serves as the Secretariat for the Under2 Coalition and collaborates with governments to expedite climate action through four main workstreams - Pathways, - Policy Action, - Transparency, and - Diplomacy.

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