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

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

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