Sign In
Learn bits
Ecology & Environment
Mahesh

18/08/22 06:25 AM IST

Reinvent economic growth model

In News 
  • Climate equity ensures the just and fair distribution of the benefits of climate protection efforts among all poor and rich countries, and rural and urban populations.
Concerns 
  • Climate change is an existential threat. And Poor (already surviving on the margins) are severely impacted by extreme weather events.
  • Millions of people are still waiting to get the benefits of economic progress — which means access to affordable energy. And at a time when the world has literally run out of carbon space to accommodate their need for development.
  • The “old” industrialised countries and new entrant China have appropriated 73 per cent of the carbon space till 2019.
  • Erosion or dilution of climate equity in the negotiations: E.g., 2015 Paris Agreement got rid of the very concept of historical emissions and the idea of “compensation” for the loss and damage.
  • The Sum of the nationally determined contributions (NDC) is inadequate: Studies show that even if all NDC targets are fulfilled, it would take the world towards a minimum of a 3°C temperature rise or more.
Measures 
  • Carbon fiancé markets — Article 6 of the Paris Agreement — should be put to work: g., the provision of clean energy through millions of mini-grids in the world of the poorest.
  • Nature-based solutions must be firmly implemented- E.g., use the ecological wealth of poor countries and communities for mitigation as trees and natural ecosystems sequester CO2.
Source- Down To Earth 

More Related Current Affairs View All

13 Feb

Should convicted persons be allowed to contest elections?

'The Supreme Court is hearing petitions filed by Ashwin Upadhyay and others, seeking a life time ban on convicted persons from contesting elections.' Section 8(3) of the Represe

Read More

13 Feb

UGC decentralised’ system

'Four months after scrapping the UGC-CARE (Consortium for Academic and Research Ethics) system of listing quality journals, the University Grants Commission (UGC) this week announc

Read More

12 Feb

Scientists discover ‘Einstein ring’ around nearby galaxy

'The European Space Agency’s (ESA) Euclid space telescope has discovered a rare ring of light, known as an Einstein ring, around a galaxy nearly 590 million light-years away

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps