CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India has called for how many hikes in climate finance?
A
5 million dollar
B
2 billion dollar
C
1 trillion dollar
D
1 billion dollar
Explanation: 

Detailed explanation-1: -More than $2.5 trillion is required for India to fulfil its climate mitigation commitments by 2030. This does not take into account the costs of a just transition, which is likely to grow exponentially without immediate action.

Detailed explanation-2: -Since then, the Indian position at international climate negotiations has been primarily about the principle of differentiated responsibilities and provision of technology transfer from developed to developing countries for emissions reductions. India is also a member of the G77 countries.

Detailed explanation-3: -The Government of India launched National Action Plan on Climate Change (NAPCC) on 30thJune, 2008 outlining eight National Missions on climate change. These include: National Solar Mission. National Mission for Enhanced Energy Efficiency.

Detailed explanation-4: -The Union Minister for Environment Forest and Climate Change Shri Bhupender Yadav delivered India’s National Statement at COP 27, today. “Excellencies, Let me first express our gratitude to our hosts and the Presidency of COP27, the Arab Republic of Egypt for their tremendous efforts and gracious hospitality.

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