Why is it in the News?

Vice-President Jagdeep Dhankhar inaugurated the World Sustainable Development Summit in New Delhi recently in the presence of Prime Minister of Guyana Mark Phillips.

About the World Sustainable Development (WSDS) Summit:

• The WSDS Summit, organized annually by The Energy and Resources Institute (TERI), stands as a flagship event in the realm of sustainable development.
• Instituted in 2001, the Summit series boasts a distinguished legacy spanning over two decades, dedicated to advancing 'sustainable development' as a universally embraced objective.
• Distinguished as the sole independently convened international summit on sustainable development and environment originating from the Global South, the WSDS endeavours to forge enduring solutions for the global community.
  • It achieves this by convening the world's foremost leaders and intellectuals on a singular platform.
• The upcoming WSDS 2024 marks the 23rd edition of this significant summit, revolving around the theme 'Leadership for Sustainable Development and Climate Justice'.

Key Facts about The Energy and Resources Institute (TERI):

• TERI stands as a premier think tank committed to conducting research aimed at fostering sustainable development in India and across the Global South.
• Established in 1974 as an information centre focusing on energy issues, TERI expanded its scope to encompass multifaceted research, policy analysis, consultancy, and implementation initiatives.
• TERI's research endeavours, commencing in the late 1980s, are rooted in its steadfast belief that the efficient utilization of energy and sustainable management of natural resources are indispensable for developmental progress.
• Across various sectors, TERI concentrates its efforts on:
  • Promoting the efficient utilization of resources
  • Enhancing access to and adoption of sustainable practices and inputs
  • Mitigating environmental and climate impacts
• TERI's headquarters are located in New Delhi, serving as a hub for its diverse activities and initiatives.