• The Industry Transition Platform (ITP) is an initiative under the Leadership Group for Industry Transition (LeadIT) launched by the Prime Ministers of India and Sweden at COP28 in 2023.
• It aims to accelerate the decarbonization of heavy industries, specifically focusing on the steel and cement sectors. 

• It was launched by the governments of Sweden and India at the UN Climate Action Summit in 2019.
• Focus on inclusive and just industry transitions, low-carbon technology development and achieving net-zero carbon emissions in energy-intensive industries by 2050. 
• Supported by the World Economic Forum, LeadIT facilitates public-private collaboration, sectoral and cross-sectoral learning, and technology transfer.

• A platform for political, industrial, financial, and climate leaders to share expertise and advance policies for industry decarbonization.
• Hosting roadmaps, dialogues, and partnerships to support industry transition.
• Around 37 members including countries like India, Sweden, Japan, South Africa, and companies committed to climate goals.
• Secretariat hosted by the Stockholm Environment Institute and managed by a board with members from Sweden, India, and the World Economic Forum.
• LeadIT has also launched LeadIT 2.0 to further its mission through enhanced global dialogue, technology collaboration, and fostering partnerships for inclusive transition.

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