World Sustainable Development Summit Current Affairs
The 2018 edition of World Sustainable Development Summit (WSDS 2018) was held at VigyanBhawan in New Delhi. It was inaugurated by Prime Minister Narendra Modi.
WSDS is flagship forum of The Energy and Resources Institute (TERI). It seeks to bring together global leaders and thinkers in the fields of sustainable development, energy and environment sectors on common platform.
The theme of WSDS 2018 is ‘Partnerships for a Resilient Planet’. It seeks to create action frameworks to resolve some of most urgent challenges facing developing economies in backdrop of climate change.
The thematic tracks at WSDS 2018 included discussions on issues related to sustainability, including carbon markets and pricing, sustainable transport, resilient cities, solar energy and refrigerant technologies.
It addressed wide variety of issues, including combating land degradation, effective waste management mechanisms to make cities free of landfills free. It also addressed issues related to combating air pollution effectively, measures to increase resource and energy efficiency, facilitate transition to clean energy and create financial mechanisms to enable effective climate change mitigation.
Over 2000 delegates had participated in the summit, including policy makers, researchers, think tanks, diplomats and corporates from around the world
WSDS has replaced TERI’s earlier called Delhi Sustainable Development Summit (DSDS). The first DSDS was organised in 2005. It underscored need for businesses and private sector to take lead in poverty reduction and to ensure rapid and sustained adoption of Sustainable Development Goals (SDGs).
The Energy and Resources Institute (TERI)
TERI is a non-profit research institution that conducts research work in the fields of energy, environment and sustainable development. It aims to focus on formulating local and national level strategies for shaping global solutions to critical issues. It was established in 1974 as Tata Energy Research Institute and was renamed The Energy and Resources Institute in 2003.