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28th March 2024 (12 Topics)

TERMS OF THE DAY

S.No.

Term

About

1.        

Carbon offsets

  • Carbon offsets are used by the government and polluting companies as an alternative to cutting carbon dioxide emissions.
  • Instead of reducing their own pollution, they can choose to buy offsets that are meant to represent a reduction in emissions elsewhere.
  • Each carbon credit represents one tonne of carbon dioxide that has either been stopped from going in the atmosphere, or sucked out of it.

2.        

Cryptocurrency

  • Cryptocurrency is decentralized digital money that is based on blockchain technology and secured by cryptography.

3.        

Debt restructuring

Debt restructuring is a process used by companies, individuals, and countries to change the terms on loans to make them easier to pay back.

4.        

Greenwashing

Greenwashing is the act of making false or misleading statements about the environmental benefits of a product or practice.

5.        

Heat islands

Heat islands are urbanized areas that experience higher temperatures than outlying areas. Structures such as buildings, roads, and other infrastructure absorb and re-emit the sun’s heat more than natural landscapes such as forests and water bodies. 

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