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28Feb 2025

Cali Fund Launched to Support Global Biodiversity Conservation

Why in the News? At COP16 in Rome, the Cali Fund was launched to mobilize financial contributions from industries using genetic data. Managed by UNDP and UNEP, it aims to fund biodiversity projects, especially benefiting indigenous communities and conservation efforts worldwide. Launch and Purpose: Announced at COP16 of the UN Convention on Biological Diversity (CBD) …

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08Nov 2024

International Solar Alliance(ISA) at a Crossroads

Syllabus: 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: …

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