net zero emissions
Tax – Paid Green Bond Issuance
The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024 • Environment Current Affairs
2022 New Energy Outlook Report
2022 New Energy Outlook Report was released by the global, clean energy research provider BloombergNEF. The report analysed the Net Zero scenarios or pathways that limit global warming to 1.77°C above pre-industrial levels by 2050 with 67 percent assurance. What ..
Month: Current Affairs - December, 2022
Category: Reports & Indexes Current Affairs
The Global Risks Report 2022
The World Economic Forum recently released the Global Risks Report 2022. Cybersecurity, pandemic, climate change and space advancements are the emerging risks to global economy. Key Findings The global economy is to shrink by 2.3% by 2024. However, in developing ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
Energy Transition Advisory Committee (Tarun Kapoor Committee)
The Energy Transition Advisory Committee was formed by Ministry of Petroleum and Natural Gas. It is headed by Tarun Kapoor, former Secretary of Petroleum Ministry. It will focus on increasing the share of clean energy sources such as hydrogen, biofuel, ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024 • Environment Current Affairs
WEF Report: Mission 2070- A Green New Deal for a Net Zero India
World Economic Forum (WEP) published its report titled “Mission 2070: A Green New Deal for a Net-Zero India” to provide a roadmap for India’s energy transition. Highlights The report was published in the backdrop of India’s target to achieve net ..
Month: Current Affairs - November, 2021
COP26: Economic Implications of India’s targets
On November 1, 2021, at COP26 climate summit, Prime Minister Narendra Modi announced 2070 as the India’s target to reach net zero carbon emissions. Key Points India’s announcement came as a surprise to delegates in Glasgow, as India had rejected ..