Climate Finance Current Affairs, GK & News
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. ..
Month: Current Affairs - May, 2021
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 ..
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. ..
Category: International / World Current Affairs
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 ..
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 ..
Topics: Carbon emissions • Climate change • Climate Finance • COP 26 • India-US • John Kerry • Leader's Summit on Climate • Nationally Determined Contributions • Paris Agreement • UNFCCC • United Nations Framework Convention on Climate Change (UNFCCC)
India is participating the Madrid climate talks and will work to protect its long-term development interests. COP-25 is an important conference on climate change as countries prepare to move from pre-2020 period under the Kyoto Protocol to post-2020 period under the Paris Agreement. India’s approach is based on the principles and provisions of UN Framework ..
Topics: Climate change policy • Climate Finance • Common But Differentiated Responsibilities • Environment • Environmental treaties • International environmental law • Kyoto Protocol • Law by country • Paris Agreement • Politics by country • United Nations Framework Convention on Climate Change