Consider the following statements: 1. “The Climate Group” is an international non-profit organization that drives climate action by building large networks and running them. 2. The International Energy Agency in partnership with the Climate Group launched a global initiative “EP100”. 3. EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals. 4. Some Indian companies are members of EP100. 5. The International Energy Agency is the Secretariat to the “Under2 Coalition”. Which of the statements given above are correct?
Explanation
Statement 1 is Correct: The Climate Group is an international non-profit organization launched in 2004 with offices in London, New York, New Delhi, Amsterdam, and Beijing. It drives climate action by building and coordinating large networks of businesses and governments.
Statement 2 is Incorrect: EP100 is a global initiative led by The Climate Group in partnership with the Alliance to Save Energy. The International Energy Agency (IEA) is not the founding partner of this initiative.
Statement 3 is Correct: EP100 brings together a growing group of energy-smart companies committed to improving their energy productivity. By integrating ambitious energy targets into business strategies, these companies drive innovation in energy efficiency and increase competitiveness while meeting emission reduction goals.
Statement 4 is Correct: Several Indian companies are members of EP100. For instance, Mahindra & Mahindra was the first Indian company to join the initiative, followed by others like Dalmia Cement and UltraTech Cement.
Statement 5 is Incorrect: The Climate Group serves as the Secretariat for the Under2 Coalition, not the International Energy Agency. The coalition is a global community of state and regional governments committed to keeping global temperature rise well below 2°C.