What's New :
Mains PYQ Practice Programme. Visit Here
12th December 2023 (8 Topics)

All that can be saved

Context:

Recently held COP28 and its outcomes define notions of world on saving environment with sustainable future and sharing responsibility.

Emissions Gap Report and Climate Goals

  • UNEP's 14th Emissions Gap Report highlights the growing disparity between planned and necessary emission reductions.
  • Earth's temperature rise, driven by greenhouse gases, exceeds 1°C pre-industrial levels, causing severe climate impacts globally.
  • The report precedes COP28, emphasizing the urgent need for more effective global mitigation and adaptation measures.

Fossil Fuel Dependency

  • Impacts: Fossil fuel burning, mainly for power and transport, drives CO2 emissions; renewable energy adoption is crucial for mitigation.
  • Challenges: The industrial sector faces challenges in transitioning from fossil fuels due to the high-intensity heat required.
  • Need to strategize:Developing countries lack funds for capital-intensive green initiatives, emphasizing the need for technology and financial support.

COP28 Outcomes

  • Polluter Pays Principle: Developed nations, responsible for major emissions, must pay for damage and adhere to the "polluter pays" principle.
  • Climate finance transfer to developing countries falls short; COP28 discussions include global stock take and loss and damage fund.
  • On Loss and Damage Fund: Lack of consensus on the global stock take report remains a contentious issue; progress seen in operationalizing the loss and damage fund.
You must be logged in to get greater insights.

Verifying, please be patient.

Enquire Now