Natural wealth of the nations

What is the News? The World Bank has released a report titled ‘The Changing Wealth of Nations 2021’. The report is a periodic evaluation of wealth generation and distribution beyond the traditional GDP [gross domestic product] matrix and includes natural resources as part of a country’s wealth. What are the key findings of the report?… Continue reading Natural wealth of the nations

India to work towards zero-emission cars by 2040

Contents1 What is the News?2 What is the Glasgow Declaration on Zero Emission Cars and Vans?3 What is the significance of this declaration?4 India’s Target to Transition to Electric Vehicles What is the News? India has joined over 30 other countries in signing the Glasgow Declaration on Zero Emission Cars and Vans. What is the… Continue reading India to work towards zero-emission cars by 2040

GGI-OSOWOG project – Explained, pointwise

For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the GGI-OSOWOG project?3 How the project will be implemented?4 What is the rationale behind the project?5 What is the aim of the GGI-OSOWOG?6 Is GGI-OSOWOG a unique project?7 What are the challenges/issues with the GGI-OSOWOG project?8 What is the way forward? Introduction Green Grids Initiative: One Sun… Continue reading GGI-OSOWOG project – Explained, pointwise

Net-zero presents many opportunities for India — and challenges

News: At Glasgow COP26 summit, one of the key announcements made by India was a target for achieving net-zero. India committed to a 2070 net zero target. This is not just significant for the world, but also a sizeable economic opportunity for India. The challenge now is to overcome the obstacles along the way. Must… Continue reading Net-zero presents many opportunities for India — and challenges

Do WTO like you did COP

News: India should balance its geopolitical interests and geo-economic interests equally. In COP26, by offering to do more than what was expected out of it, India has tried to disarm its critics from the Western countries while voicing the concerns of the South. Later this month, India will find again find itself in a similar… Continue reading Do WTO like you did COP

New Climate Pledges barely affect global warming: UN

What is the News? ​​The United Nations Environment Programme(UNEP) has released an update to their Emissions Gap Report 2021. What are the key findings of the report? Several Countries have announced new Nationally Determined Contributions(NDCs) or emissions pledges during the COP26 climate summit. For example, India has announced a target to be carbon-neutral by 2070.… Continue reading New Climate Pledges barely affect global warming: UN

Towards better adaptation: Global model to assess resilience to climate risks launched

What is the News? The Global Resilience Index Initiative (GRII) has been launched at COP26. What is the Global Resilience Index Initiative(GRII)? GRII is a public-private partnership initiative launched to build a universal model for assessing resilience to climate risks. Aim: To help global economic sectors understand the value of building climate resilience and the… Continue reading Towards better adaptation: Global model to assess resilience to climate risks launched

Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative

What is the News? On the sidelines of COP 26 in Glasgow, the LeadIT (Leadership Group for Industry transition) Summit 2021 was held in hybrid mode presided by India and Sweden.  What is the Leadership Group for Industry Transition(LeadIT)? Launched by: LeadIT was launched by the Prime Ministers of Sweden and India with support from… Continue reading Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative

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

India’s difficult transition from fossil fuels to net-zero emissions

Synopsis: India faces many challenges in reducing dependence on coal and oil but the greater use of gas in our energy mix could ease the way. Introduction The coal crisis has forced the Indian government to ramp up domestic production and imports of coal, the dirtiest fossil fuel, while the world focuses on net-zero carbon… Continue reading India’s difficult transition from fossil fuels to net-zero emissions

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