World Sustainable Development Summit Current Affairs - 2019
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The World Sustainable Development Summit 2019 was inaugurated by the Vice President of India, Shri M. Venkaiah Naidu in New Delhi. The World Sustainable Development Summit 2019, organized by The Energy and Resources Institute – TERI.
World Sustainable Development Summit
The World Sustainable Development Summit is the annual flagship event of The Energy and Resources Institute (TERI). World Sustainable Development Summit is the sole Summit on global issues taking place in the developing world.
The World Sustainable Development Summit provides a platform for global leaders and practitioners to discuss and deliberate over climatic issues of universal importance.
The World Sustainable Development Summit strives to provide long-term solutions for the benefit of the global community by assembling the world’s most enlightened leaders and thinkers on a single platform.
World Sustainable Development Summit is continuing the legacy of Delhi Sustainable Development Summit (DSDS) which was initiated in 2001 with the aim of making ‘sustainable development’ a globally shared goal.
The Energy and Resources Institute – TERI
TERI – the Tata Energy Research Institute was established by the Mr Darbari S Seth in 1974. Mr Darbari S Seth was the builder of Tata Chemicals Limited. He provided a decent sum for establishing TERI’s corpus and provided encouragement, inspiration, and moral support to the Director and staff of the Institute without ever interfering with the operational decision-making.
Over time from its inception, TERI has emerged as one of the world’s pre-eminent think tanks and research institutions in the field of energy, climate change and sustainability.
TERI aims to usher transitions to a cleaner and sustainable future through the conservation and efficient use of Earth’s resources and innovative ways of minimizing and reusing waste.
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.