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Recently seen in the news, the First Movers Coalition has been launched by which one of the following organisations?
- a)World Bank
- b)World Trade Organisation
- c)Worldwide Fund for Nature
- d)World Economic Forum
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Recently seen in the news, the First Movers Coalition has been launche...
- Recently, global giants like Amazon and Apple as well as Mahindra Group and Dalmia Cement (Bharat) from India have joined as founding members of the 'First Movers Coalition'. It was launched by the World Economic Forum.
- The First Movers Coalition, which was launched at the Climate Change Conference COP26 of UNFCCC, brings together global companies with supply chains across carbon-intensive sectors.
- They range from major consumer goods firms that ship, truck and fly their products, to renewable energy companies that use steel to build wind turbines.
- These companies are leveraging their collective buying power to create the market conditions required to unleash innovation which will reduce the amount of carbon emitted in certain particularly pollutant industries.
- Hence option (d) is the correct answer
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Recently seen in the news, the First Movers Coalition has been launched by which one of the following organisations?a)World Bankb)World Trade Organisationc)Worldwide Fund for Natured)World Economic ForumCorrect answer is option 'D'. Can you explain this answer?
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