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Relevance: GS – 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment; Conservation, environmental pollution and degradation, environmental impact assessment. Why in the News? India aims to achieve a $5 trillion economy and become the world’s third-largest economy in the next five years. Achieving this ambitious goal depends …
Read MoreSyllabus: GS 3: Environment Why in the News? European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) has generated global controversy, particularly at COP29 in Baku, as developing countries, including India, condemn it as discriminatory. Introduction European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) has stirred a global debate on protectionist measures veiled as climate action. Framed …
Read MoreWhy in the news? India’s ambitious net-zero goal by 2070 faces challenges like surging energy demand, land-use constraints, and resource limitations, requiring innovative strategies amid global climate action discussions at COP-29. Net-Zero Commitments and Challenges: India has pledged to achieve net-zero emissions by 2070 to combat climate change. However, this path involves challenges such as …
Read MoreSyllabus: GS-2: Important International Institutions ,Conservation GS-3: Environmental Pollution & Degradation Focus: The COP29 summit in Azerbaijan has brought renewed focus on updating climate finance frameworks, with developing nations calling for a substantial increase in annual funds. The current $100 billion annual commitment from advanced nations, set in 2015, is due for a critical review …
Read MoreWhy in the news? The 2024 Global Carbon Budget report highlights a projected 0.8% increase in global CO₂ emissions, underscoring the urgent need for emission reductions to meet climate targets and limit warming. source:toi Key Findings of the 2024 Global Carbon Budget: Projected Increase: Global fossil CO₂ emissions are set to rise by 0.8% in …
Read MoreSyllabus: GS 3: Environment Why in the News? Upcoming COP29 in Baku, Azerbaijan from 11 -22 November to 2024 will focus on climate finance and the carbon credit scheme, highlighting India’s initiatives and challenges in establishing a credible and efficient domestic carbon market. Introduction Climate finance and a global carbon credit system will be discussed …
Read MoreWhy in the news? The Union government has raised fines for stubble burning in NCR, aiming to reduce pollution levels as Delhi’s air quality worsens, reaching hazardous levels amid rising winter smog. About Increased Fines for Stubble Burning: The Union government has doubled fines for stubble burning in the National Capital Region (NCR) and adjoining …
Read MoreSyllabus: GS-3: Important International Institutions Focus: ISA, launched by India to promote solar energy, has fallen short in delivering large-scale solar projects in developing nations. With significant challenges and a lopsided solar adoption globally, ISA’s role in promoting equitable solar growth and supporting the Global South has come under scrutiny. Background and Establishment of ISA: …
Read MoreWhy in the news? The ISA hosted its third High-level Conference on Clean Energy Transition to discuss solar and storage technologies, green hydrogen, and global energy goals, focusing on sustainable solutions for decarbonization. Event Overview: The International Solar Alliance (ISA), in collaboration with India’s Ministry of New & Renewable Energy, the Asian Development Bank, and …
Read MoreWhy in the news? Scientists suggest dispersing diamond dust in the atmosphere could reduce global temperatures by 1.6°C, offering a safer alternative to current geoengineering methods but with significant cost and ecological concerns. About the Diamond Dust Geoengineering: A new study explores diamond dust as a geoengineering approach to mitigate global warming by cooling Earth’s …
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