Climate Finance Current Affairs, GK & News

Vineyard Wind Project

Vineyard Wind Project is the first major Offshore wind farm that is to power 400,000 homes. The project aims to install 84 turbines in the Atlantic Ocean. It is to be set up 12 Nautical miles off the coast of Matha’s Vineyard. About the Project The project is capable of producing 800 MW of electricity. ..

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RBI joins Network for Greening the Financial System- NGFS

The Reserve Bank of India recently joined the Network for Greening the Financial System (NGFS). By joining the system, RBI is to learn from and contribute to the Global Climate risk management in the financial sector. Ultimately, the apex bank will work with its global partners to support the transition towards a sustainable economy. Greening ..

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International Climate Finance Plan of the US

The US President recently announced the country’s new Finance Plan at the Leader’s Summit on Climate. The Summit was hosted by the USA. About the Plan The US has set a new goal to cut its emissions by 50% to 52% as compared to 2005 levels. The US will double its climate funding by 2024. ..

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India-US 2030 Climate Partnership

On April 22, 2021, India and the United States launched the US-India Climate and Clean Energy Agenda 2030 Partnership during the Leaders’ Summit. The US President hosted the Leaders Summit on Climate. The world leaders from around forty countries attended the summit. About the Partnership The Partnership will proceed through the following: Strategic Clean Energy ..

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India-US to focus on Climate Finance

The US Climate Envoy John Kerry was on a four-day visit to India. During his visit he met the Union Minister of Environment, Forest, and Climate Change Shri Prakash Javadekar. During the meet, the leaders discussed several issues including joint research and collaboration and Climate Finance. India’s Emissions According to International Energy Agency, India is ..

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