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16Dec 2024

Carbon Markets: Challenges, Opportunities, and Global Relevance

Syllabus: GS-3: Conservation , Groupings & Agreements Involving India and/or Affecting India’s Interests Focus: The climate conference in Baku, Azerbaijan, approved standards to establish an international carbon market by next year, reviving discussions on carbon markets as a tool to limit global emissions and combat climate change. Understanding Carbon Markets: Definition: Carbon markets facilitate the …

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09Dec 2024

Decoupling Economic Growth and GHG Emissions

Syllabus: GS 3: Environment Why in the News? Economic Survey of 2023-24 shows that India has achieved relative economic growth from reduction in GHG emissions, sparking discussions on sustainable development and environmental policy. Introduction With impressive economic growth in recent decades, India is also concerned about rising greenhouse gas (GHG) emissions. However, according to the …

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20Nov 2024

EU’sCarbon Border Adjustment Mechanism (EU-CBAM)

Syllabus: 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 …

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12Nov 2024

Carbon Credit and upcoming COP-29

Syllabus: 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 …

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09Oct 2024

India’s Energy Transition: Lessons from the Uk’s Coal Phase-out

Syllabus: GS-2:  Renewable Energy GS-3:Government Policies & Interventions Focus: The UK’s closure of its last coal-fired power plant marks a significant milestone in energy transition, prompting discussions on the applicability of this model to India. As India aims for net-zero emissions by 2070, understanding successful strategies from the UK can inform its approach. A Milestone …

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03Oct 2024

World Green Economy Forum Launched in Dubai

Why in the news? Launched in Dubai under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE. Forum theme: “Empowering Global Action: Unlocking Opportunities and Advancing Progress.” Focus on international cooperation and innovative solutions for climate change and sustainability. Key Sessions: International Cooperation for Climate Mitigation: Led …

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