General Awareness

ENVIRONMENT - August 2023

Aug 2023

Oct 19, 2023

Climate Tipping Points Near for Greenland

New research suggests the Greenland ice sheet is on track to cross a critical threshold that could cause runaway melting, but that it's also possible the threshold will be crossed temporarily, cooling down the planet and ultimately returning the ice sheet to a stable state.
The findings underscore the importance of limiting the planet's warming to 1.5 degrees Celsius (about 2.7 Fahrenheit) — or returning to that level, or below, as quickly as possible if humanity exceeds it.
The Greenland ice sheet is one of more than a dozen theoretical climate tipping points — rapid, irreversible or abrupt changes — that keep some scientists up at night.

Oct 16, 2023

Government Launches Tradable Green Credit Program to Promote Eco-Friendly Actions

The government initiated a novel program that allows individuals and entities to earn and trade green credits, which are units of incentives for environmentally beneficial actions. This program aims to encourage positive environmental contributions through market-based incentives.
The program is introduced at the national level, promoting a competitive market-based approach for green credits to incentivize environmental actions. It is a voluntary initiative stemming from the 'LiFE' (Lifestyle for Environment) campaign.
Activities covered under the Green Credit program are Tree Plantation, Water Management, Sustainable Agriculture, Waste Management, Air Pollution Reduction, Mangrove Conservation and Restoration.
To earn green credits, individuals or entities need to register their environmental activities electronically through a dedicated website. These activities will be verified by a designated agency, and upon verification, the Administrator will grant a certificate of green credit.
The Green Credit program is independent of the Carbon Credit Trading Scheme, 2023, established under the Energy Conservation Act, 2001. Environmental activities that generate green credits may also have climate co-benefits, such as reducing carbon emissions, and can potentially earn carbon credits under the Carbon Credit Trading Scheme.

Oct 09, 2023

Mont Blanc Height Shrinks by over 2 Metres since 2021

Mont Blanc, the tallest mountain in France and a symbol of the Alps, has seen a decrease in its height over the past two years, according to new research reported. This decline has been attributed to the impact of climate change on the region.
The latest measurements of Mont Blanc's peak indicate that its height now stands at 4,805.59 metres, which is 2.22 metres shorter than the measurement recorded in 2021.
These periodic measurements are conducted by climate scientists to monitor the effects of climate change on the Alps.

Oct 05, 2023

NIIF and JBIC Launch $600 Million India-Japan Fund to Boost Investments in Environmental Sustaina...

The National Investment and Infrastructure Fund (NIIF) and the Japan Bank for International Cooperation (JBIC) jointly launched the India-Japan Fund (IJF). The $600 million fund has the JBIC and Government of India (GoI) as its anchor investors.
The joint initiative is focused on increasing investments in environmental sustainability and low-carbon emission strategies.
The IJF is NIIF's first bi-lateral fund, with the government of India contributing 49 per cent of the target corpus and JBIC contributing the remaining 51 per cent.
NIIF Limited (NIIFL) and JBIC IG (a subsidiary of JBIC) will support NIIFL in promoting Japanese investments in India and manage the $600 million fund.
The fund aims to play the role of being a 'partner of choice' to increase Japanese investments in India.

Oct 04, 2023

UN Conference Adopts Plan to Reduce Environmental Risks Arising from Chemicals

A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations conference as part of a drive to manage damaging chemical exposure.
The Global Framework on Chemicals was adopted by governments, companies, and NGOs at the fifth International Conference on Chemicals Management, held in Bonn, Germany, and organised by the UN Environment Programme (UNEP).
The plan sets out 28 concrete targets and guidelines for key sectors across the entire lifecycle of chemicals, from production to waste.

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