Intended Nationally Determined Contributions Current Affairs, GK & News

EU Environmental Ministers commit to Net Zero Emissions Target by 2050: Key Facts

European Union Environment Ministers signed an agreement in Luxembourg on 23rd October 2020. The deal has created EU’s 2050 net-zero emissions target legally binding on the states. What is the new deal? It objective is to help the block to achieve its target of reaching net-zero emissions by 2050. The 2050 net-zero emission targets involves ..

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PV Edge 2020 organised by NITI Aayog

On October 6, 2020, NITI Aayog, Ministry of New and Renewable Energy and Invest India will organise a Global symposium called the “India PV Edge 2020”. Highlights The summit aims to unveil and promote cutting edge technologies in solar manufacturing in India. India has set an ambitious target of achieving 450 GW of renewable energy ..

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NITI Aayog launches Decarbonizing Transport Project

On June 24, 2020, NITI Aayog along with the International Transport Forum of OECD launched “Decarbonizing Transport in Emerging Economies”. Highlights The five-year project is to help India build a path way towards a low-carbon transport system. This is to be achieved by developing policy scenarios and modelling tools. Significance The project will help India ..

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4th Resilient Cities Asia-Pacific (RCAP) Congress 2019 started in New Delhi

The 4th Resilient Cities Asia-Pacific (RCAP) Congress 2019 is a platform for discussing the opportunities and mechanisms of executing the Nationally Determined Contributions (NDCs), which is started in New Delhi on April 15, 2019. The three-day event is being hosted by the South Delhi Municipal Corporation in association with UN (ICLEI – Local Governments for ..

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Transformative Carbon Asset Facility (TCAF)

In 2015, the World Bank had launched a $500 million Transformative Carbon Asset Facility (TCAF) to help developing countries pay for emission reductions and combat climate change. The Transformative Carbon Asset Facility (TCAF) will establish the world’s first programmatic carbon market. The scheme will reward countries for reducing emissions by paying a fee for each ..

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