CURRENT AFFAIRS

Detailed explanation-1: -The European Union is committed to an ambitious climate policy. Under the Green Deal it aims to become the first continent to remove as many CO2 emissions as it produces by 2050. This goal became legally binding when the European Parliament and Council adopted the Climate Law in 2021.

Detailed explanation-2: -It is international scientific consensus that, in order to prevent the worst climate damages, global net human-caused emissions of carbon dioxide (CO2) need to fall by about 45 percent from 2010 levels by 2030, reaching net zero around 2050.

Detailed explanation-3: -By 2020 more than 110 countries committed to a net zero emissions target by 2050, and China, the largest emitter by 2060. Carbon neutrality means some emissions are still being generated but will be offset somewhere else, concluding in net zero emissions.

Detailed explanation-4: -To keep global warming to no more than 1.5°C – as called for in the Paris Agreement – emissions need to be reduced by 45% by 2030 and reach net zero by 2050.