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11th World Green Economy Summit Opens in Dubai Why in the News? The 11th World Green Economy Summit (WGES) commenced in Dubai, bringing together 3,300 participants from over 30 countries under the theme “Innovating for Impact: Accelerating the Future of the Green Economy.” The summit aims to foster global collaboration on sustainable development and climate …
Read MoreWILL EU’s DIGITAL RULES USHER INDIA’S GREEN BREAKOUT? Why in the News? The European Union (EU) is introducing the Digital Product Passport (DPP) as part of its EU Green Deal and sustainable product policies. This move is aimed at enhancing product transparency, traceability, and circularity across global supply chains. The Digital Product Passport mandate will …
Read MoreIndia’s Draft Climate Finance Taxonomy – 2025: A Game Changer for Green Investments in India Introduction In a strategic move to align financial flows with India’s sustainability goals and promote environmental impact investing, the Department of Economic Affairs under the Ministry of Finance released the Draft Framework of India’s Climate Finance Taxonomy in 2025. This …
Read MoreECOLOGY IS THE WORLD’S PERMANENT ECONOMY Why in the news? The principle “Ecology is the permanent economy,” popularized by environmentalist Sunderlal Bahuguna, is gaining renewed attention in policy and public discourse. Recognizing this principle encourages prioritizing ecological health as the foundation for Human survival, Economic stability, and Climate resilience. It highlights that environmental conservation is …
Read MoreSyllabus: GS-2: Government Policies & InterventionsInternational Treaties & Agreements GS-3: Renewable Energy Focus: The Indian government’s Mission LiFE initiative has introduced Water Green Credits, modeled after carbon credits, to promote water conservation, rainwater harvesting, and efficient usage. This market-driven mechanism aims to address India’s alarming groundwater depletion by incentivizing industries, farmers, and individuals to optimize …
Read MoreSyllabus: GS-3: Environment and related issues Measures to tackle climate change Why in the News? India aims to achieve Viksit Bharat (Developed India) by 2047 and net-zero emissions by 2070. Achieving both goals simultaneously requires a balance between economic growth and environmental sustainability. The 2025 Raisina Dialogue highlighted the need to align green policies with …
Read MoreWhy in the news? The Ministry of Mines is developing a Production Linked Incentive (PLI) scheme to enhance the recycling of critical minerals in India. This initiative aims to stimulate domestic supply chains and address the lackluster response to recent auctions of critical mineral source: BS Key Points : The PLI scheme targets e-waste recycling …
Read MoreSyllabus: GS-2- Trade and Commerce with countries, FTA , Autonomy and its impact on economy and society Focus : The article discusses India’s strategic shift towards incorporating sustainability in its trade agreements, highlighted by the recent trade and economic partnership agreement with the European Free Trade Association (EFTA). It underscores the need for India to …
Read MoreWhy in the news? Thirteen members of the Indo-Pacific Economic Framework for Prosperity (IPEF) bloc have signed agreements for fair and clean economies. India’s formal signing is pending until domestic approval processes are completed after the formation of the new government, according to the Commerce Ministry. About IPEF Clean Economy Investor Forum: Initiative: Part of …
Read MoreWhy in the news? Commerce Secretary Sunil Barthwal, Additional Secretary Rajesh Agrawal, and other senior officers have reached Singapore for the event starting on June 5. India attended Singapore’s IPEF Clean Economy Investor Forum to pitch projects and engage investors, aiming for collaborations. source:themirror About “IPEF’s Clean Economy Investor Forum Meet: IPEF to host Clean …
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