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The COP-29 and India's carbon credit mechanism

The COP-29 and India's carbon credit mechanism The COP-29 summit in Baku will center on climate finance, with a primary focus on carbon credits and inter-country disputes. In 2023, India revised its Nationally Determined Contributions (NDCs) to incorporate a domestic carbon market, as mandated by the Energy Conservation Act of 2022. India's objective is to harmonize its climate targets with its economic agenda, emphasizing the necessity of a market that upholds credibility, efficiency, and equity. Drawing lessons from global practices is imperative for India's success. The credibility of carbon credits stands as a cornerstone in any market, as a lack of accountability could result in greenwashing. India must conduct meticulous verification of carbon credits, leveraging a national registry and independent third-party validators. Adhering to international best practices is vital for establishing a market of high integrity. India's carbon market must align with global benc

Global carbon market & COP 29

  Global carbon market & COP 29 SOURCE THE HINDU Countries at COP29 in Baku voted to finalize a global carbon market, allowing trading of carbon credits among themselves. Prices are determined by emission caps. The market stems from the Paris Agreement's Article 6, facilitating bilateral carbon trading (Art 6.2) and global market participation (6.4). Optimism before COP 29 suggested a global carbon trading mechanism and UN-sanctioned carbon credits by 2025. Finalizing Article 6 negotiations could save $250 billion per year by enabling international cooperation. Focus on the New Collective Quantified Goal (NCQG) is crucial as carbon markets help achieve it. NCQG updates the $100 billion annual target for developing countries to adapt and mitigate emissions by 2025, a key outcome of Baku COP.

рдЫрдд्рддीрд╕рдЧрдв़ рдХे рд╕рд╣рд╕рдкुрд░ рдЧ्рд░ाрдо рдоें рдЬीрд░्рдгोрдж्рдзाрд░ рд╕े рдк्рд░ाрдк्рдд рд╣ुрдИ рд╢िрд╡ рдЬीрд╡ рдХी рдЬрд▓рд╣рд░ी

рдоंрджिрд░ рдХा рдк्рд░ाрдЪीрди рдЗрддिрд╣ाрд╕  рдпрд╣ рдк्рд░ाрдЪीрди рдоंрджिрд░ рд▓рдЧрднрдЧ 13рд╡ीं рд╕े 14рд╡ीं рд╢рддाрдм्рджी рдХा рдоाрдиा рдЬाрддा рд╣ै, рдЬिрд╕े рддाрдд्рдХाрд▓िрдХ рдиाрдЧрд╡ंрд╢ी рд╢ाрд╕рдХो рдж्рд╡ाрд░ा рдиिрд░्рдоाрдг рдХрд░ाрдпा рдЧрдпा рдеा, рдЙрд╕ рдХрд▓ рдоें рдХाрдлी рдордЬрдмूрдд рдЖрдзाрд░- рд╕ंрд░рдЪрдиा рдХे рд╕ाрде рдЗрд╕ рднрд╡्рдп рдоंрджिрд░ рдХा рдиिрд░्рдоाрдг рдХрд░ाрдпा рдЧрдпा рдеा, рдЬिрд╕рдХे рдХाрд░рдг рдпрд╣ рдЖрдЬ рднी рд╕рджिрдпों рдмाрдж рднी рд╡िрд░ाрдЬрдоाрди рд╣ै, рдк्рд░ाрдЪीрди рд╢िрд╡ рдоंрджिрд░ рдЦрдЬुрд░ाрд╣ो рдХрд▓ рдХे рд╕рдордп рдХे рд╣ोрдиेрдХे рдХाрд░рдг рдЗрд╕े рдЫрдд्рддीрд╕рдЧрдв़ рдкुрд░ाрддрдд्рд╡ рд╡ рд╕ंрд╕्рдХृрддि рд╡िрднाрдЧ рдж्рд╡ाрд░ा рд░ाрдЬ्рдп рд╕्рдоाрд░рдХ рдХा рджрд░्рдЬा рджेрдХрд░ рд╕ंрд░рдХ्рд╖рдг рдк्рд░ाрдк्рдд рд╣ै рдЬिрд╕рдХे рдлрд▓рд╕्рд╡рд░ूрдк рдпрд╣ рдкूрд░े рдЬिрд▓े рдоें рдХाрдлी рдк्рд░рд╕िрдж्рдз рд╣ै l рд╢िрд╡ рдоंрджिрд░ рдХा рднौрддिрдХ рд╕्рд╡рд░ूрдк  рдпрд╣ рдоंрджिрд░ рджो рдЕрд▓рдЧ рдЦंрдбों рдоें рд╡िрд░ाрдЬिрдд рд╣ैं рдЬिрд╕рдоें рдПрдХ рдХो рдмрдЬрд░ंрдЧрдмрд▓ी рдоंрджिрд░ рдХे рдиाрдо рд╕े рд▓ोрдХрдк्рд░िрдп рд╣ै l рд╡рд╣ी рджूрд╕рд░े рдХो рдЖрда рд╕्рддंрднों рдкрд░ рдЖрдзाрд░िрдд рдоुрдЦ्рдп рдоंрджिрд░ рдХा рд╕्рд╡рд░ूрдк рдоंрдбрдк, рдЕंрддрд░ाрд▓ рд╡ рдЧрд░्рднрдЧृрд╣ рдоें рд╡िрднрдХ्рдд рд╣ै l рдЬिрд╕рдоें рдмाрд╣рд░ी рджीрд╡ाрд░ों рдкрд░ рдмрдб़े рдмрдб़े рдкрдд्рдерд░ों рдХो рдЬोрдб़рдХрд░ рдЙрди рдкрд░ рд╕ंрдпुрдХ्рдд рдирдХ्рдХाрд╢ी рдХी рдЧрдИ рд╣ैं l рдЕंрджрд░ рдЧрд░्рднрдЧृрд╣ рдоें рд╢िрд╡рд▓िंрдЧ рдХी рдк्рд░ाрдЪीрди рдк्рд░рддिрдоा рд╡िрд░ाрдЬрдоाрди рд╣ैं, рдЬрд╣ां рдкрд░ рд╕рджिрдпों рд╕े рднрдХ्рдд рдЧрдг рдЕрдирд╡рд░рдд рд╢िрд╡рд▓िंрдЧ рдкрд░ рдЬрд▓ाрднिрд╖ेрдХ рдХрд░рддे рдЖ рд░рд╣ें рд╣ैं l

Carlos Alcaraz

    Carlos Alcaraz   Carlos Alcaraz became the sixth player in the Open era to perform the French Open-Wimbledon double in the same year. The others to do it were Rod Laver, Bjorn Borg, Roger Federer, Rafael Nadal and Novak Djokovic. The 21-year-old Alcaraz is the youngest to achieve the feat.

Uncertainty in Nepal Politics

 Uncertainty in Nepal Politics 1. Nepali politics is characterized by unstable coalition-making, with shifting alliances and constant changes in power, as seen in the recent resignation of Prime Minister Pushpa Kamal Dahal due to lack of support in the House of Representatives.     2. The democratic polity in Nepal has experienced instability and poor governance since transitioning from a monarchy to a republic in 2008, despite constitutional reforms aiming to ensure representation for marginalized groups.     3. The major political parties in Nepal prioritize holding onto power over genuine governance, leading to a lack of development and continued status as a "least developed country."   4. The coalition politics in Nepal is driven more by a desire for power than by ideological or principled motives, resulting in further disillusionment among the Nepali population with the democratic process.   5. There is a suggestion that Nepal might benefit from a presidential system wit

INDIA & RUSSIA Relationship

INDIA & RUSSIA Relationship  Prime Minister Narendra Modi's Moscow Visit Prime Minister Narendra Modi's recent visit to Moscow was significant as it marked his first independent visit to Russia since 2019, focusing on enhancing bilateral relations. During the visit, Mr. Modi received Russia's highest civilian award and emphasized the importance of the strong ties between India and Russia, amidst global criticism. Bilateral Relations and Achievements The visit aimed to strengthen economic ties between India and Russia, with a focus on enhancing trade relationships. Both leaders discussed achieving a bilateral trade target of $100 billion by 2030, showcasing the growing economic partnership between the two countries. Additionally, efforts were made to address concerns such as allowing Indian recruits in the Russian Army to return to India. Diplomatic Balancing Act The visit lacked discussions on military purchases, usually a key aspect of India-Russia ties, to avoid inter