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

15 Nov

Government issues guidelines to curb misleading ads by coaching centres

'The central Government issued new guidelines aimed at curbing misleading advertisements by coaching institutes, specifically prohibiting false promises such as "100 per cent selec

Read More

15 Nov

Janjatiya Gaurav Divas

'Every year on November 15th, Janjatiya Gaurav Divas is celebrated to honor the contributions of these communities, especially in India’s freedom struggle.' 5th November

Read More

15 Nov

Supreme Court’s order on mandatory accessibility standards

'A bench of the Supreme Court last week ordered the Union government to frame mandatory rules for ensuring the accessibility of public places and services to persons with disabilit

Read More

India’s First Ai-Driven Magazine Generator

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