The Climate Group Subject :Environment It is a non-profit organisation that works with business and government leaders around the world to solve the issue of climate change. The group has programmes aims at renewable energy and lowering greenhouse gas emissions. Launched in 2004, the organisation operates internationally with offices in the UK (headquarters), […]
Equity, unabated coal phasedown in first draft of COP27 ‘Cover Decision’; other elements missing Subject : Environment Context- The Presidency of the 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC) produced a ‘non-paper’ on the morning of November 17, 2022. It did so by compiling inputs […]
COP27: Experts flag proposals to include carbon removals in UN trading mechanism Subject : Environment Context- Many concerns have been raised over recommendations to include carbon removals for carbon-trading mechanisms under the United Nations. Civil society groups said carbon removals do not align with the 1.5-degree goal of the Paris Agreement. Carbon removal- […]
Smugglers trafficking rhino horns with impunity: report Subject : Environment Context- The seizure of rhino horns by weight has increased after 2017 despite a reduction in poaching, a global threat assessment report presented at a convention of the conservation agencies in Panama City, said. Report on Rhino trafficking- Wildlife Justice Commisssion (WJC) has […]
What is carbon border tax, which India opposed at COP27 Subject: Environment Context- A group of countries including India has opposed the carbon border taxes policy at the COP27 in Sharm El Sheikh, saying it could “result in market distortion”. Carbon Border Adjustment mechanism (CBAM)- The Carbon Border Adjustment Mechanism is a plan […]
Carbon Border Adjustment Mechanism Subject : Environment Context : India, China, Brazil, South Africa opposed ‘carbon border tax’ proposed by European Union in the 27th edition of the Conference of Parties (COP) in Sharm El Sheikh. Concept : The European Union has proposed a policy — called the Carbon Border Adjustment Mechanism — […]
Road to net-zero status Subject: Environment India’s strategy for achieving Net-Zero status- A year after announcing its intention to achieve a net-zero emission status by 2070, India on Monday told the world how it was going to reach there. In a 121-page document, India listed some of the measures — decarbonising of electricity […]
China; other large economies must also pay for loss and damage: EU Subject : Environment Context- Supporting the demand first put forward by the small island countries, the European Union asserted that China must also be asked to contribute towards loss and damage finance, a new funding mechanism that is proposed to be […]
Double standards on fossil fuel, backtracking on pledges: BASIC fires shots at wealthy countries at COP27 Subject : Environment At COP27- UNFCCC- The bloc of four large newly industrialised countries, Brazil, South Africa, India and China, also known as BASIC, have put pressure on developed countries, alleging they have not shown leadership, backtracked […]
Extreme weather hits economies, hurts Asia most: WMO report Subject : Environment Context- Economic losses incurred by Asian countries due to natural disasters have increased manifold as climate change has made these events more frequent. Details- In 2021, at least 48.3 million people in Asia were affected by over 100 natural hazards, which […]