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On 1 December, Minister for Environment and Climate Isabella Lövin hosted the second high-level meeting of the global Leadership Group for Industry Transition (LeadIT). LeadIT members agreed on a range of ambitious commitments to contribute to freedom from fossil fuels and net-zero carbon emissions by 2050. At the Summit, Ms Lövin announced that Sweden intends contribute a total of SEK 300 million to a new industry transition programme within the World Bank’s Climate Investment Funds (CIF).
