The Summit for a New Global Financial Pact recently took place in Paris, bringing together country leaders, finance ministers, and civil society organizations. A side event was held to discuss “polluter pays principle”. Making Polluters Pay: Exploring the “Polluter Pays” ..
Month: Current Affairs - June, 2023
Category: International / World Current Affairs
For the first time in the history of the UN’s climate negotiations, loss and damage funding became part of the official agenda for the COP27 that is being held at Sharm-El-Sheikh in Egypt. Other key additions to the agenda include ..
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 ..
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 ..
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 ..
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 ..