CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India according to the report ‘Five years on:Global climate tech investment trends since the Paris Agreement’?
A
7th
B
6th
C
8th
D
9th
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is 9th. India ranks ninth in the list of top 10 countries for climate technology investment over the past five years and Indian climate tech firms received $1 bn in venture capital funding from 2016-2021. This was stated in a new report released on 26 October 2021.

Detailed explanation-2: -Today, India ranks 9th in the global race for climate tech investments. While this is encouraging, India’s climate finance requires nearly $1 Tn over the next decade to successfully work against climate change and achieve the goal of net zero by 2070.

Detailed explanation-3: -India jumps 2 spots higher, and is now ranked 8th as per Climate Change Performance Index (CCPI, 2023) published by German Watch, New Climate Institute and Climate Action Network International based in Germany.

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