The carbon markets conundrum at COP26

Synopsis: Article 6 of the Paris Agreement needs special attention in the upcoming climate summit. It may help in encouraging carbon mitigation efforts in developing countries. Article 6 of the Paris Agreement for the carbon market would be at the center of discussion in the 26th Conference of the Parties (COP26). It has been a… Continue reading The carbon markets conundrum at COP26

Deconstructing climate finance

Synopsis: Behind the rhetoric of mobilising climate finance lies the grim reality of burdening the G77 and its people with a fresh load of “green” debt. Introduction Media reports have claimed that developed countries are inching closer to the target of providing $100 billion annually in climate finance to developing countries by 2025 (the original… Continue reading Deconstructing climate finance

CoP-26: We must shift gear from climate intention to actual action

Synopsis: There is an urgent need to address climate change which continues to mount. The future of each one depends on the actions of all. Introduction Recent catastrophic flooding in Asia and Western Europe, record-shattering temperatures in North America, and raging wildfires in southern Europe remind us that no country is safe. The Intergovernmental Panel… Continue reading CoP-26: We must shift gear from climate intention to actual action

Agenda for CoP26

Synopsis: A potential agenda for the upcoming CoP26 meeting at Glasgow. Introduction  The 26th Conference of Parties (CoP26) to the UN Framework Convention on Climate Change (UNFCCC) is going to happen in Glasgow (UK). At the meeting some of the old issues of previous CoP’s would be discussed.  This meeting comes after strong warning from… Continue reading Agenda for CoP26

U.K. asks India to update climate goals

What is the news?  Recently, the British Prime Minister and Indian Prime Minister had a meeting. The meeting occurred a few weeks ahead of a United Nations climate change summit in the U.K. During the meeting, the British PM urged India to update India’s NDC (Nationally Determined Contribution) targets, besides they also talked about vaccine… Continue reading U.K. asks India to update climate goals

India is indeed walking the green talk

Source: This post is based on the article “India is indeed walking the green talk” published in The Hindu on 31st August 2021. Relevance: India’s effort to mitigate climate change. Synopsis: India is doing its part to fulfil its Nationally Determined Contributions (NDCs) under Paris Agreement. When compared with other countries, India is doing better… Continue reading India is indeed walking the green talk

India could gain $11 trn in 50 years with climate action: Deloitte report

Source: Business Standard What is the News? Deloitte Economics Institute has released a report, titled “India’s turning point: How climate action can drive our economic future”. Key Findings of the Report: Impact of Climate Change on Economy: India can gain $11 trillion in economic value over the next 50 years by limiting rising global temperatures… Continue reading India could gain $11 trn in 50 years with climate action: Deloitte report

India can do more, hints climate official (On upcoming COP26)

Source: The Hindu What is the news? Alok Sharma, president-designate of United Nations Conference of Parties (COP26), said he hoped India would consider more ambitious emissions targets. He is visiting India as part of a larger international tour, building consensus among nations for concrete outcomes ahead of the 26th round of climate talks. Major issues… Continue reading India can do more, hints climate official (On upcoming COP26)

India’s climate mitigation plans face a threat as Earth warms

Source: Business standard Relevance: Implications of climate change on the renewable energy sector in India. Synopsis: Threats posed by climate to India’s renewable energy sector and possible solutions. Context India recently renewed its target for renewable energy installation to 450 GW by 2040 from earlier 175 GW by 2022. But this plan is threatened by… Continue reading India’s climate mitigation plans face a threat as Earth warms

Harness power of nature-based solutions to fight climate crisis: G20 ministers

Source: Down to Earth Relevance: Fighting climate change Synopsis: India can leverage the global best practices regarding Nature-based solutions (NbS) to fight against the climate crisis. Significance of NbS and discussion of its major roadblocks. Background In the recently concluded meeting of The environment, energy and climate ministers from the ‘Group of 20’ on in… Continue reading Harness power of nature-based solutions to fight climate crisis: G20 ministers