US policy wise : Visa, Free Trade and WTO

Project PRAYAS to help Indian youth migrate abroad

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Project PRAYAS

Mains level: Read the attached story

Central Idea

  • The International Organisation for Migration (IOM) introduced Project PRAYAS (Promoting Regular & Assisted Migration for Youth and Skilled Professionals) to facilitate secure and regular migration for Indian workers and students.

What is Project PRAYAS?

Details
Project Name Project PRAYAS
Introduced By International Organization for Migration (IOM)
Partnership Ministry of External Affairs, India
Objective To facilitate secure and regular migration for Indian workers and students
Key Focus Enhancing coordination between state and central governments

Addressing India’s growing role in international migration

Providing policy recommendations for migration governance

IOM’s Role Promoting humane and orderly migration as a United Nations agency
Significance Represents a consolidation of state-level efforts for well-managed international migration
Focus Areas and Activities Conducting comprehensive studies on migration trends

Launching awareness programs for safe and orderly migration processes


Back2Basics: International Organisation for Migration (IOM)

Details
Establishment 1951
Initial Purpose To assist in the resettlement of people displaced by World War II
Current Role Providing services and advice on migration to governments and migrants, including various displaced persons
Type Intergovernmental Organization
Membership 173 member states, 8 observer states
Headquarters Geneva, Switzerland
Key Objectives Promote humane and orderly migration Emergency response

Link migration with development Health and support for migrants

Facilitate managed labor migration Counter human trafficking

UN Relationship Became a related organization of the United Nations in 2016
India and IOM India has been a member of IOM since 1992.

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Festivals, Dances, Theatre, Literature, Art in News

How India chooses its Republic Day chief guest?

Note4Students

From UPSC perspective, the following things are important :

Prelims level: R-Day Guests

Mains level: Significance of the event

Republic Day

Central Idea

  • France’s President Emmanuel Macron is set to be the chief guest for India’s 75th Republic Day celebrations.
  • The invitation extended by Prime Minister Narendra Modi signifies a high diplomatic honor and reflects the strong ties between India and France.

Honor of Republic Day Chief Guest

  • Ceremonial Significance: Being the chief guest at India’s Republic Day is a top diplomatic honor, involving participation in various ceremonial activities.
  • Activities and Protocol: The chief guest receives a guard of honor, attends a presidential reception, lays a wreath at Rajghat, and is honored with a banquet and lunch.
  • Symbolism and Friendship: As per Ambassador Manbir Singh, the visit symbolizes participation in India’s pride and reflects the friendship between the two nations.

Selection Process for the Chief Guest

  • Advance Planning: The process begins about six months prior, with the Ministry of External Affairs (MEA) playing a central role.
  • Key Considerations: The decision is driven by political, commercial, military, and economic interests, aiming to strengthen ties with the invitee’s country.
  • Historical Factors: The Non-Aligned Movement’s legacy has also influenced past selections, with an emphasis on mutual support and nation-building.

Procedure Post-Selection

  • Approval and Discretion: After MEA’s selection, approvals are sought from the Prime Minister and President, followed by discreet confirmation of the invitee’s availability.
  • Official Communications and Planning: Post-confirmation, official communications and detailed planning for the visit and ceremonies are undertaken.

Challenges and Contingencies

  • Potential for Unplanned Events: Organizers prepare for various contingencies, including health issues or weather disruptions.
  • Protocol Challenges: Incidents like the one recounted by Ambassador Singh, involving the ADC of a chief guest, highlight the importance of strict adherence to protocol.

Broader Implications of the Visit

  • Ceremonial and Strategic Importance: The role of the Republic Day chief guest blends ceremonial honor with strategic diplomacy, playing a key role in India’s international relations and foreign policy.
  • Media Coverage and Perception: The visit is closely monitored by international media, influencing perceptions of the guest’s nation.
  • Cultural and Diplomatic Impact: The hospitality and ceremonies reflect India’s traditions and culture, enhancing diplomatic relations.
  • Beyond Ceremonial Significance: The visit of the chief guest holds potential for opening new avenues in international relations and advancing India’s global interests.

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Economic Indicators and Various Reports On It- GDP, FD, EODB, WIR etc

Call for Reform in Sovereign Credit Rating Process  

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Sovereign Credit Ratings

Mains level: Not Much

Central Idea

  • India’s Chief Economic Adviser, V Anantha Nageswaran, emphasizes the need for reform in the sovereign credit rating process.
  • The aim is to accurately reflect the default risk of developing economies and reduce their funding costs.

What are Sovereign Credit Ratings?

  • A sovereign credit rating is a measure of a country’s creditworthiness, or its ability to meet its financial obligations.
  • It is an assessment of the credit risk associated with a country’s bonds or other debt securities.
  • The rating is assigned by credit rating agencies such as Standard & Poor’s, Moody’s, and Fitch Ratings.
  • S&P and Fitch rate India ‘BBB-‘ and Moody’s ‘Baa3’, all indicative of the lowest possible investment grade, but with a stable outlook.

India’s Pursuit of a Credit Rating Upgrade

  • Current Rating: India is at the lowest possible investment grade but is seeking an upgrade due to improved economic metrics post-pandemic.
  • Government Engagement: Continuous efforts are being made to engage with global credit rating agencies for an improved rating.

Challenges in the Current Rating Methodology

  • Opacity and Impact: CEA points out the opaqueness in rating methodologies and the difficulty in quantifying the impact of qualitative factors.
  • Bandwagon Effects and Biases: The significant presence of qualitative factors leads to cognitive biases and concerns about the credibility of ratings.

India’s Engagement with Rating Agencies

  • Meetings with Top Agencies: Finance ministry officials have met with representatives from Fitch Ratings, Moody’s Investors Service, and S&P Global Ratings.
  • Current Ratings: While S&P and Fitch rate India at BBB, Moody’s rates it at Baa3 with a stable outlook.

Parameters and Issues in Sovereign Rating

  • Typical Parameters: Agencies consider factors like growth rate, inflation, government debt, and political stability.
  • Qualitative Component: Over half the ratings are determined by qualitative factors, often non-transparent and perception-based.
  • Dominance in Ratings: Institutional Quality, often measured by World Bank’s Worldwide Governance Indicators (WGIs), is a significant determinant for developing economies.
  • Issues with WGIs: These metrics are non-transparent, perception-based, and may not represent a sovereign’s willingness to pay.

CEA’s Recommendations  

  • Need for Transparency: Sovereigns are expected to be transparent; similarly, rating agencies should make their processes clear and avoid untenable judgments.
  • Potential Benefits: Enhanced transparency could lead to more reliance on hard data and possible credit rating upgrades for many sovereigns.
  • Access to Private Capital: Improved ratings can help developing countries access private capital crucial for addressing global challenges like climate change.
  • India’s Export Targets: With initiatives like production-linked incentives and Make in India, India aims for a $2 trillion export target by 2030.

Conclusion

  • Advocacy for Change: Nageswaran’s comments highlight the need for a more equitable and transparent sovereign credit rating process.
  • Broader Implications: Such reforms could not only benefit developing economies like India by reducing funding costs but also contribute to a more accurate and fair global financial system.

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Climate Change Impact on India and World – International Reports, Key Observations, etc.

Outcomes of COP28: Progress and Challenges in Climate Action

Note4Students

From UPSC perspective, the following things are important :

Prelims level: COP28

Mains level: Read the attached story

COP28

Central Idea

  • Annual Climate Summit: The 28th session of the Conference of the Parties (COP28) was held in Dubai, under the United Nations Framework Convention on Climate Change (UNFCCC).
  • High Expectations: There were significant expectations for countries to take decisive steps in addressing the climate crisis.
  • Key Focus Areas: Discussions at COP28 revolved around mitigation, adaptation, finance, and the differing responsibilities of developed and developing nations.

Early Developments: Loss and Damage Fund

  • COP27 Agreement Follow-up: After agreeing to create the ‘Loss and Damage’ (L&D) fund at COP27, COP28 focused on its operationalization.
  • Funding Challenges: Despite the need for substantial funding, contributions have been limited, with the U.S. pledging only $17.5 million.
  • Administration and Access Concerns: The World Bank’s role in overseeing the fund raised issues regarding access, legal autonomy, and responsiveness to emergencies.

Emissions Reduction and Energy Transition

  • Global Stocktake Findings: The first global stocktake (GST) assessed progress towards the Paris Agreement goals.
  • Fossil Fuel Transition: A commitment was made to move away from fossil fuels in energy systems, to triple renewable and nuclear energy capacity by 2030.
  • Continued Use in Other Sectors: Fossil fuels remain in use in sectors like plastics, transport, and agriculture.
  • Transitional Fuels and Climate Justice: The acceptance of natural gas as a transitional fuel was seen as a compromise on climate justice.

Financial Mechanisms for Climate Action

  • Developed Nations’ Responsibility: The GST framework emphasized the leading role of developed nations in climate finance.
  • Private Sector Involvement: The role of private investment in addressing financial gaps was acknowledged.
  • Green Finance Initiatives: New mechanisms, including a $3.5 billion boost to the Green Climate Fund, were established to support sustainable practices in developing countries.

India’s Stance on Climate and Health Declaration

  • UAE Declaration on Climate and Health: This declaration, partnered with the World Health Organisation, was signed by 123 countries but not by India.
  • India’s Concerns: India refrained from signing due to potential impacts on its growing healthcare infrastructure and the need to prioritize healthcare requirements.

Global Methane Pledge and India’s Position

  • Renewed Focus on Methane: The pledge received attention with over $1 billion in new grants for methane reduction projects.
  • India’s Non-Participation: India did not sign the pledge, focusing instead on carbon dioxide emissions and considering the livelihood implications of methane reduction in agriculture.

Assessment of COP28: Achievements and Shortcomings

  • Positive Developments: Notable achievements included the climate and health declaration, emphasis on nature-based solutions, and commitments to sustainable food systems.
  • Contentious Issues: Disagreements persisted over fossil-fuel subsidies, the role of the World Bank in the L&D fund, and private sector engagement in climate action.
  • Mixed Outcomes: While renewable energy targets marked progress, unresolved issues regarding L&D, fossil fuel use, and transitional fuels indicated ongoing challenges.

Conclusion

  • Balancing Act: COP28 showcased the intricate balance between ambitious climate goals and the practical realities of economic and social factors.
  • Continued Dialogue: The outcomes reflect the need for ongoing dialogue and collaboration to address the multifaceted aspects of climate change and sustainable development.

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International Monetary Fund,World Bank,AIIB, ADB and India

World Bank sets up task force for MDB Reform Plan

Note4Students

From UPSC perspective, the following things are important :

Prelims level: World Bank

Mains level: Not Much

Central Idea

About World Bank

Details
Establishment July 1944, during the United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire, USA.
Initial Purpose To help rebuild European nations devastated by World War II;

Later expanded to include global development and poverty reduction.

Components – International Bank for Reconstruction and Development (IBRD)

– International Development Association (IDA)

– International Finance Corporation (IFC)

– Multilateral Investment Guarantee Agency (MIGA)

– International Centre for Settlement of Investment Disputes (ICSID)

Membership 189 member countries as of 2021.
Headquarters Washington, D.C., United States.
Main Functions Provides loans, credits, and grants; offers technical expertise and policy advice; researches development issues.
Funding Through issuance of bonds in the international financial markets and earnings from its investments.
Governance Led by a President, with a Board of Governors and a Board of Executive Directors.
India’s Involvement – Founding member since 1944.

– First loan approved in 1949 for Indian Railways.

 

Understanding Multilateral Development Banks

  • Definition and Membership: MDBs are financial institutions with multiple country members, both developed and developing, that provide financing and technical assistance for development projects.
  • Operational Focus: Their operations span various sectors, including transport, energy, and urban infrastructure, with developed countries contributing to the lending pool and developing countries primarily borrowing for development projects.

Rationale behind Proposed Reforms

  • Addressing Global Challenges: The climate crisis and other global issues require mechanisms for global-scale action, particularly in emerging markets and developing economies (EMDEs).
  • Aligning with National Priorities: The expert group recommends that MDBs align more closely with the developmental priorities of individual nations.
  • Enhancing Private Sector Engagement: A shift is suggested towards greater private sector involvement in MDB operations, moving away from the culture of limited interaction between private and sovereign financing arms.

Key Aspects of the Proposed Reforms

  • Coordination and Stakeholder Involvement: The panel emphasizes the need for greater coordination among stakeholders, including national governments, to develop unified goals and policies.
  • Addressing Coordination Failures: The reforms aim to resolve multiple coordination failures among domestic and international stakeholders, both public and private.
  • Changing Perception and Practices: The current perception of MDBs as bureaucratic and risk-averse is seen as a barrier to private sector involvement, which is crucial for ramping up financing.

MDBs’ Traditional Lending in Countries like India

  • Role in India’s Development: MDBs have been instrumental in financing key infrastructure projects in India, often with longer gestation periods.
  • World Bank’s Commitments: Since its establishment in 1944, the World Bank has committed $97.6 billion to India, with significant portions in public administration, agriculture, and transport.
  • Asian Development Bank’s Involvement: Formed in 1969, the ADB has committed $59.7 billion to India, focusing on transport, energy, and urban infrastructure.
  • Asian Infrastructure Investment Bank’s Financing: The AIIB, established in 2016, has approved $9.9 billion in financing for India, with a focus on transport, energy, and economic resilience.
  • European Investment Bank’s Contributions: Since 1958, the EIB has committed Euro 4.5 billion to India, primarily in the transport and energy sectors.

Conclusion

  • Implications of the Recommendations: The proposed shift in MDB operations could lead to more effective and targeted development financing, aligning closely with the specific needs and priorities of individual countries.
  • Potential for Enhanced Global Impact: By addressing coordination challenges and increasing private sector engagement, MDBs could play a pivotal role in meeting global development goals and addressing critical challenges like the climate crisis.

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Economic Indicators and Various Reports On It- GDP, FD, EODB, WIR etc

India Tops Global Remittance Inflows in 2023: World Bank Report

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Remittance inflows data

Mains level: Read the attached story

remittance

Central Idea

  • In 2023, India witnessed the highest remittance inflows globally, amounting to USD 125 billion.
  • The surge was influenced by various factors, including India’s currency agreement with the UAE.

World Bank’s Analysis on Remittance Growth

  • Report Findings: The World Bank’s report indicates a slowdown in remittance growth in India to 12.4% in 2023, down from 24.4% in 2022.
  • Increased Share in South Asia: India’s share in South Asian remittances is expected to rise to 66% in 2023 from 63% in 2022.

Global Remittance Scenario

  • Other Leading Countries: Following India, the top remittance-receiving countries are Mexico (USD 67 billion), China (USD 50 billion), the Philippines (USD 40 billion), and Egypt (USD 24 billion).
  • Significance in GDP: In economies like Tajikistan, Tonga, Samoa, Lebanon, and Nicaragua, remittances form a substantial part of the GDP, highlighting their critical economic role.

Contributing Factors for India

  • Key Drivers: Declining inflation and robust labor markets in high-income countries contributed to increased remittances.
  • Major Sources: Significant remittance flows came from the US, the UK, and Singapore, as well as from the GCC, particularly the UAE.
  • UAE’s Role: The UAE is the second-largest source of remittances to India, accounting for 18% of the total.

India-UAE Currency Agreement Impact

  • February 2023 Agreement: The agreement to promote local currency use in cross-border transactions and interlink payment systems has boosted remittances.
  • Dirhams and Rupees Usage: The use of dirhams and rupees in transactions is expected to channel more remittances through formal channels.

Global Remittance Trends

  • Growth in Low- and Middle-Income Countries: Remittances to these countries grew by an estimated 3.8% in 2023.
  • Future Concerns: There is a risk of real income decline for migrants in 2024 due to global inflation and low growth prospects.

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Animal Husbandry, Dairy & Fisheries Sector – Pashudhan Sanjivani, E- Pashudhan Haat, etc

2024: Celebrating the International Year of Camelids

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Camelids

Mains level: Read the attached story

camelids

Central Idea

  • The United Nations has declared 2024 as the International Year of Camelids. This declaration aims to highlight the crucial role of Camelids in the lives of people globally.

About Camelids

  • FAO’s Statement: According to the Food and Agricultural Organization (FAO), Camelids significantly impact millions of households in over 90 countries.
  • Species Included: Camelids encompass alpacas, Bactrian camels, dromedaries, guanacos, llamas, and vicuñas.
  • Role in Food Security and Economy: These animals contribute to food security, nutrition, and economic growth, particularly benefiting Indigenous Peoples and local communities.

Importance of Camelids

  • Contribution to Sustainable Development Goals: Camelids play a vital role in achieving the Sustainable Development Goals (SDGs) set by the United Nations.
  • Source of Nutrition: They provide milk and meat, essential in combating hunger.
  • Fibre Production: Camelids produce fibre used for clothing and shelter.
  • Transportation and Agriculture: They serve as a means of transportation and produce organic fertilizer for agriculture.
  • Adaptability: Known for their ability to survive in harsh conditions, Camelids are significant in regions like the Andes and arid lands of Africa and Asia.
  • Climate Change Awareness: Camelids symbolize resilience and can help raise awareness about climate change.

Goals of the International Year of Camelids 2024

  • Awareness and Investment: The year aims to increase awareness of Camelids’ untapped potential and advocate for more investment in this sector.
  • Advocacy for Research and Innovation: The initiative calls for enhanced research, capacity development, and the adoption of innovative practices and technologies in the Camelids sector.

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India’s Bid to a Permanent Seat at United Nations

Why only 5 countries have Veto Power in UNSC?

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Veto Power

Mains level: Read the attached story

Central Idea

  • A recent UN resolution vote, where 153 countries voted in favor and 10 against, including the USA’s support for Israel, underscores the influence of a few nations in global decisions.
  • This voting pattern brings into focus the veto powers within the UN Security Council (UNSC) and their persistence for over seven decades.

What is the Veto Power in the UNSC?

  • Exclusive Membership: The UNSC comprises five permanent members (P5) – the USA, UK, France, Russia, and China – along with 10 non-permanent members.
  • Power of Resolutions: Unlike the General Assembly, resolutions passed by the UNSC are legally binding.
  • Veto Mechanism: Any P5 member can veto a resolution, blocking its adoption even with the required majority support.

Rationale behind Veto Power for Permanent Members

  • Post-WWII Context: The P5, instrumental in forming the UN after World War II, were granted special rights, including veto power, as recognition of their role.
  • Strategic Necessity: The veto was considered vital to ensure the participation of these major powers in global peacekeeping efforts.

Formation and Evolution of the UN and Veto Power

  • Foundational Discussions: The structure of veto power was developed during key meetings like the Dumbarton Oaks and Yalta Conferences.
  • FDR’s Influence: President Franklin D. Roosevelt envisioned the UN as a post-war peacekeeping body, with the ‘Four Policemen’ (USA, USSR, UK, and China) at its core.
  • USA’s Diplomatic Efforts: The United States employed strategies, including intelligence, to secure veto power in the UN Charter.

Debate and Criticism of the Veto Power

  • Global Dissatisfaction: The exclusive nature of veto power has been a point of contention for many countries.
  • Resistance to Change: Attempts to expand the P5 or modify veto rights have been largely unsuccessful due to the vested interests of the permanent members.
  • Acknowledging Changes: The increase in non-permanent UNSC members in 1965 was a nod to the changing international environment.
  • Reforms agenda: Proposals include making all 15 seats temporary with five-year terms, encouraging open competition for seats, and imposing lobbying and term limits.

Conclusion

  • Continued Discussions: The use of veto power in the UNSC remains a contentious issue, reflecting the complex nature of global politics.
  • Adapting to Modern Times: As the world’s political landscape evolves, there may be growing pressure to reform the UNSC’s structure and veto mechanism to better align with the current global order.

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Foreign Policy Watch: India-Maldives

Maldives decides to end Hydrographic Survey Pact with India

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Hydrographic Survey Pact

Mains level: Read the attached story

Hydrographic Survey

Central Idea

  • The Maldives government has chosen not to renew a hydrographic survey agreement with India, marking a significant change in bilateral relations.

Hydrographic Survey Pact: A Backgrounder

  • Nature of Hydrographic Surveys: These surveys involve mapping water bodies to facilitate safe and efficient maritime transportation.
  • 2019 Agreement: During Prime Minister Modi’s state visit to the Maldives in June 2019, an MoU was signed for cooperation in hydrography between the Indian Navy and the Maldives National Defence Force (MNDF).

Activities under the Pact

  • Joint Hydrographic Surveys: Three joint surveys were conducted in 2021, 2022, and 2023, involving Indian Naval Ships like INS Darshak and INS Sutlej.
  • Survey Objectives: The surveys aimed to update navigational charts and support sectors like tourism and fisheries. They also involved tidal observations and identifying new shoals.
  • Support to MNDF: India provided hydrographic equipment and training to MNDF personnel, aligning with its policy of supporting the Maldives in establishing hydrographic capabilities.

India’s Hydrographic Survey Agreements with Other Countries

  • Global Hydrographic Efforts: India has conducted hydrographic surveys in various countries, including Sri Lanka, Myanmar, and Bangladesh.
  • International Cooperation: The National Hydrographic Office highlights the potential for international cooperation in hydrography, especially in regions with limited capabilities.

Reasons behind Maldives’ Decision   

  • Regime Change: The election of Mohamed Muizzu of the Progressive Party of Maldives (PPM), seen as more pro-China, contrasts with his predecessor President Solih’s India-friendly stance.
  • Geopolitical Dynamics: China’s increasing influence in the Indian Ocean region, particularly through the Belt and Road Initiative (BRI), has impacted India’s traditional sphere of influence in the Maldives.
  • ‘India Out’ Campaign: Allegations of Indian military presence and the new administration’s emphasis on national security and self-reliance in hydrographic capabilities have influenced this decision.

Possible outcomes

  • Changing Geopolitical Landscape: The Maldives’ decision reflects the shifting geopolitical dynamics in the Indian Ocean, with growing Chinese influence challenging India’s traditional role.
  • Impact on India-Maldives Relations: This development could signify a recalibration of the Maldives’ foreign policy, potentially impacting India’s strategic interests in the region.

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Climate Change Impact on India and World – International Reports, Key Observations, etc.

COP28 : Understanding CCS and CDR

Note4Students

From UPSC perspective, the following things are important :

Prelims level: COP28

Mains level: CCS and CCD

ccd ccs

Central Idea

  • At the COP28 climate talks in Dubai, discussions have centered on carbon capture and storage (CCS) and carbon-dioxide removal (CDR) technologies.
  • The interpretation of ‘abatement’ is crucial in understanding the role and limitations of CCS and CDR in climate action.

Understanding CCS and CDR

  • CCS: This involves capturing CO₂ emissions at their source, such as in the fossil fuel industry and industrial processes, and storing them to prevent atmospheric release.
  • CDR: Encompasses natural methods like afforestation and technological approaches like direct air capture for absorbing and storing atmospheric CO₂.
  • COP28 Discussions: The term “unabated fossil fuels” in the draft texts refers to fossil fuel combustion without CCS. The texts advocate phasing out such fuels and enhancing emission removal technologies.

Scale and Efficacy of CCS and CDR

  • IPCC’s AR6 Report: Heavily reliant on CDR for meeting the 1.5 degrees C temperature limit, assuming significant CO₂ sequestration by 2040.
  • Challenges: Direct mitigation to reduce emissions is daunting, making CDR crucial.
  • CCS Limitations: Effective CCS requires high capture rates, permanent storage, and minimal methane leakage from upstream processes.

Concerns and Implications of CCS and CDR

  • Land Use for CDR: Large-scale CDR methods, especially technological ones, require significant land, raising equity, biodiversity, and food security concerns.
  • Impact on the Global South: CDR projects in the Global South could infringe on indigenous land rights and compete with agricultural land use.
  • Financial and Ethical Questions: The cost and responsibility of implementing CDR at scale raise questions about who should bear these burdens.

Pitfalls of CCS and CDR

  • Potential for Increased Emissions: CCS and CDR could inadvertently create leeway for continued or increased greenhouse gas emissions.
  • IPCC Emission Scenarios: To limit warming to 1.5 degrees C, significant reductions in coal, oil, and gas use are required by 2050, with or without CCS.
  • Gas Emissions Pathways: Higher reliance on CCS and CDR could lead to emission pathways with a greater contribution from gas.

Conclusion

  • Critical Decade Ahead: The next decade is pivotal in determining the viability and scalability of CDR methods.
  • Balancing Act: While CCS and CDR offer potential solutions for emission reduction, their implementation must be carefully managed to avoid unintended consequences and ensure equitable and effective climate action.
  • Future of Climate Negotiations: The discussions and decisions at COP28 regarding CCS and CDR will significantly influence the trajectory of global climate action and the pursuit of the 1.5 degrees C target.

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Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols

Dubai Consensus for ‘transition away’ from Fossil Fuels

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Dubai Consensus , COP 28

Mains level: Read the attached story

dubai consensus

Central Idea

  • The Dubai Consensus, a significant resolution towards reducing fossil fuel dependency, was adopted in COP 28, Dubai.

Dubai Consensus

  • Key Clause: The resolution emphasizes transitioning away from fossil fuels to achieve net-zero emissions by 2050, aligning with scientific recommendations to limit global temperature rise.
  • Balance between Countries: The text reflects a compromise between developed and developing nations on climate action and responsibility.
  • Dilution of Language: Earlier drafts with terms like ‘phase-out’ were softened due to opposition from oil-dependent countries.
  • Coal Usage: The final text moderated its stance on coal, crucial for countries like India, calling for a phase-down rather than a rapid phase-out.
  • Methane Emissions: The consensus introduces a focus on reducing methane emissions by 2030, a potent greenhouse gas.
  • Natural Gas as a ‘Transition Fuel’: The text’s reference to natural gas as a transitional fuel could favor gas-producing countries and overlook the need for developed countries to close the finance gap in climate adaptation.

New Funding Commitments and Future Goals

  • Diverse Opinions: While some nations expressed dissatisfaction with the agreement’s scope, others highlighted the lack of financial support for developing countries.
  • Financial Pledges: COP 28 saw commitments to the Loss and Damage Fund and pledges to decarbonize the global economy.
  • Focus on Renewable Energy: The resolution signals a move towards phasing out fossil fuels and boosting renewable energy and efficiency.

India’s Historical Position on Climate Change

  • Emission Statistics: India, a major developing country, has historically contributed 3% of greenhouse gases (1850-2019), compared to higher percentages from the US and EU.
  • Per Capita Emissions: India’s per capita emissions are below the global average, but its development needs and population growth have made it the third-largest emitter.
  • Balancing Development and Emissions: India has been navigating the pressure to reduce emissions while addressing its developmental needs, particularly its reliance on coal.

India’s Commitments and Challenges

  • Net Zero by 2070: India has committed to achieving a net-zero state by 2070, alongside expanding its renewable energy capacity.
  • Glasgow COP 2021 Agreement: Under pressure, India agreed to a ‘phase-down’ of coal use, highlighting the need for equitable treatment of all fossil fuels, including oil and gas.
  • Import Dependency: As a net importer of oil and gas, India has raised concerns about the focus on coal while other fossil fuels remain under-addressed.

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Artificial Intelligence (AI) Breakthrough

[pib] Global Partnership on Artificial Intelligence (GPAI) Summit

Note4Students

From UPSC perspective, the following things are important :

Prelims level: GPAI

Mains level: Read the attached story

gpai

Central Idea

  • The Global Partnership on Artificial Intelligence (GPAI) Summit began in New Delhi on December 12, inaugurated by Prime Minister.
  • India, along with 28 member countries, is working towards a consensus on a declaration document focusing on the proper use of AI, establishing guardrails for the technology, and its democratization.

GPAI and India

  • Founding Member: India joined GPAI as a founding member in June 2020, aiming to bridge the gap between AI theory and practice.
  • International Collaboration: The initiative fosters collaboration among scientists, industry professionals, civil society, governments, international organizations, and academia.
  • Previous Summits: Prior GPAI summits were held in Montreal, Paris, and Tokyo.
  • India’s Stance: IT Minister highlighted India’s focus on sustainable agriculture and collaborative AI, building on the Digital Public Infrastructure (DPI) approach used in Aadhaar and UPI systems.

Content of the Proposed Declaration

  • Themes and Focus: The declaration is expected to cover AI’s use in sustainable agriculture, healthcare, climate action, and building resilient societies.
  • Regulatory Aspects: It will align with past agreements and global ideas on AI regulation.
  • India’s Contribution: India’s emphasis is on evaluating AI in sustainable agriculture and promoting collaborative AI.

Global Conversation on AI Regulation

  • EU’s AI Act: The European Union passed the AI Act, introducing safeguards and guardrails for AI use, especially in law enforcement, and setting up mechanisms for complaints against violations. It imposes strong restrictions on facial recognition and AI’s potential to manipulate human behavior.
  • AI Safety Summit in the UK: Major countries agreed on a declaration for global action to address AI risks, acknowledging the dangers of misuse, cybersecurity threats, biotechnology, and disinformation risks.
  • US Executive Order: The Biden Administration issued an order to safeguard against AI threats and oversee safety benchmarks for generative AI bots like ChatGPT and Google Bard.

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Human Rights Issues

75 Years of the Universal Declaration of Human Rights

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Universal Declaration of Human Rights

Mains level: Not Much

human rights

Central Idea

  • 75th Anniversary: December 10 marked the 75th anniversary of the Universal Declaration of Human Rights, adopted by the UN General Assembly in Paris.
  • Foundation of International Order: Post-World War II, this declaration laid the groundwork for the international order, aiming to prevent future atrocities.

Understanding the Universal Declaration of Human Rights

  • Document Structure: Comprising a preamble and 30 articles, it outlines fundamental rights and freedoms.
  • Key Provisions: Articles emphasize equality in dignity and rights, non-discrimination, the right to life and liberty, prohibition of slavery and torture, fair trial rights, asylum rights, and freedoms of religion, opinion, expression, and assembly.
  • Right to Education: The declaration also enshrines the right to education for all.

Origins and Development

  • Post-War Sentiment: Born from the “never again” resolve after the world wars and the Holocaust, it served as a “road map” for individual rights.
  • Drafting Process: Chaired by Eleanor Roosevelt, the drafting committee represented diverse geographical regions, with over 50 countries contributing to the final draft.
  • Global Participation: Despite being drafted during widespread colonial rule, the declaration represented a collective effort, ensuring rights for all, including gender equality.

Impact and Legacy

  • Non-Binding Nature: While not a treaty or legally binding, its principles have influenced national laws and international human rights treaties.
  • Inspiration for Movements: It spurred decolonization, anti-apartheid, and various human rights movements globally.
  • Universal Standard: Despite criticisms, it remains a universal human rights standard, influencing various subsequent human rights agreements.

Current Challenges and Relevance

  • Contemporary Conflicts: The declaration’s anniversary comes amid ongoing human rights challenges in conflicts like Israel-Hamas, Russia-Ukraine, and internal strife in Myanmar and Sudan.
  • U.N. Secretary-General’s Concerns: Antonio Guterres noted the misuse and abuse of the declaration, with some governments undermining it.
  • Amnesty International’s View: The organization sees the declaration as a testament to the feasibility of a global human rights vision.
  • Volker Türk’s Perspective: The U.N. High Commissioner for Human Rights emphasizes the declaration’s enduring relevance, urging the world to recognize its successes and learn from its shortcomings.

Conclusion: Upholding the Universal Declaration

  • Inherent Human Rights: The declaration underscores that human rights are intrinsic to every individual.
  • Leaders’ Responsibility: Leaders are reminded of their duty to uphold these rights, essential for the well-being of the people they serve.

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Human Rights Issues

In news: Operation Storm Makers II

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Operation Storm Makers II

Mains level: NA

Central Idea

  • The Interpol operation Storm Makers II against fraud schemes fuelled by victims of human trafficking has unearthed further evidence that the trend is expanding beyond the Southeast Asian region.

About Operation Storm Makers II

  • This operation was a special mission organized by Interpol Headquarters in Lyon, France.
  • The operation took place from October 16 to 20.
  • It involved law enforcement in 27 countries across Asia and other regions.

The operation targeted human trafficking and cyber scams. It resulted in:

  1. Rescue of 149 human trafficking victims
  2. Hundreds of arrests
  3. More than 270,000 inspections and police checks

Back2Basics: INTERPOL

Details
Full Name International Criminal Police Organization
Member Countries Comprises 195 member countries
Function Facilitates coordination among police forces globally; shares data on crimes and criminals
Headquarters Located in Lyon, France
Global Complex Has a Global Complex for Innovation in Singapore
Satellite Offices Several regional offices in different parts of the world
India’s Membership Joined in June 1956
National Central Bureau (NCB) Each member country has an NCB; in India, it’s under the Ministry of Home Affairs (MHA)

NCBs are the contact points for Interpol’s General Secretariat and other NCBs; run by police officials of the country

Databases Manages 19 police databases with real-time access to information on crimes and criminals
Investigative Support Provides forensic, analysis, and assistance in locating fugitives globally
Red Notice (RN) Issued to alert police worldwide about fugitives wanted for prosecution or to serve a sentence; for provisional arrest pending extradition or similar legal action

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The Crisis In The Middle East

Article 99 of the UN Charter

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Article 99

Mains level: Read the attached story

Central Idea

  • The UN General Secretary wrote under Article 99 about the escalating threats to peace and security due to the situation in Gaza.
  • He mentioned the human suffering, deaths, and destruction in Israel and the Occupied Palestine Territory, emphasizing the need for a humanitarian ceasefire.

Understanding Article 99

  • Charter as an International Treaty: The UN Charter, the founding document of the United Nations, functions as an international treaty binding member states.
  • Article 99’s Provision: It allows the Secretary-General to bring any matter to the UNSC that may threaten international peace and security.
  • Discretionary Power: This article is seen as a discretionary power, requiring the Secretary-General to exercise political judgment, tact, and integrity.

Historical Invocation of Article 99

  • Rare Usage: Article 99 has been seldom invoked, with notable instances including the Congo upheaval in 1960 and Tunisia’s complaint against France in 1961.
  • Current Context: It is indicated that Guterres’ invocation of Article 99 over Gaza is a significant constitutional move.
  • Details of the Crisis: He mentioned the human suffering, deaths, and destruction in Israel and the Occupied Palestine Territory, emphasizing the need for a humanitarian ceasefire.

Potential Impact

  • Draft Resolution by UAE: Following Guterres’ letter, the United Arab Emirates submitted a draft resolution to the UNSC demanding an immediate ceasefire.
  • Voting Dynamics: For the resolution to pass, it requires at least nine votes in favor and no vetoes from the five permanent members.
  • Challenges in Reaching Consensus: The likelihood of unanimous support from permanent members is uncertain, given the US and Britain’s support for Israel’s military actions since October 7.

Conclusion

  • Guterres’ appeal underscores the severity of the humanitarian crisis in Gaza.
  • The outcome of the UNSC’s actions, influenced by Guterres’ appeal, remains pivotal in addressing the ongoing conflict and humanitarian situation in Gaza.

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Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols

Global Cooling Pledge at COP28 

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Global Cooling Pledge

Mains level: NA

Global Cooling Pledge

Central Idea

  • At the COP28 climate summit on November 6, 63 countries, including the US, Canada, and Kenya, signed the world’s first pledge to reduce cooling emissions.

Global Cooling Pledge

  • Term: This pledge aims to cut cooling emissions by at least 68% by 2050, addressing a significant source of greenhouse gases.
  • Current Contribution to Global Emissions: Cooling emissions, primarily from refrigerants and cooling energy, currently constitute 7% of global greenhouse gases.
  • Projected Increase: These emissions are expected to triple by 2050 due to rising global temperatures and increased demand for cooling appliances like ACs and refrigerators.

Role of Refrigerants in Global Warming

  • Transition from CFCs to HFCs and HCFCs: Initially, chlorofluorocarbons (CFCs) were used in cooling appliances but were phased out by the 1987 Montreal Protocol due to ozone depletion concerns. They were replaced by hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs).
  • Greenhouse Gas Potency: Although HFCs and HCFCs don’t harm the ozone layer, they are potent greenhouse gases, with some forms like HFC-134a having a global warming potential 3,400 times that of CO2.

Sources and Effects of HFC and HCFC Emissions

  • Leakage from Appliances: These gases often leak from damaged appliances or car air conditioning systems, especially at the end of their life cycle.
  • Contribution to Warming: The leakage of these gases contributes significantly to global warming, with the Climate and Clean Air Coalition (CCAC) highlighting their potency.

Challenge of Cooling Energy

  • Electricity for Cooling: A significant portion of cooling emissions comes from the electricity used to power cooling appliances.
  • Fossil Fuel Dependence: Much of this electricity is generated from fossil fuels, particularly in developing countries, contributing to climate change.

Vicious Cycle of Cooling Demand and Global Warming

  • Feedback Loop: Rising global temperatures increase the demand for cooling, which in turn contributes to more warming.
  • Growing Cooling Device Market: The number of cooling devices is expected to rise from 3.6 billion to 9.5 billion by 2050, with a potential need for 14 billion devices if cooling access is expanded globally.

Solutions and Strategies

  • Kigali Amendment to the Montreal Protocol: Over 150 countries agreed in 2016 to reduce HFC consumption by 80% by 2047, potentially avoiding over 0.4 degrees Celsius of global warming by 2100.
  • Promoting Climate-Friendly Refrigerants: The use of natural refrigerants with lower or zero global warming potential is being encouraged.
  • Proper Disposal and Management: Effective management and disposal of refrigerants could significantly reduce CO2 emissions.
  • Alternative Cooling Methods: Focusing on building designs that reduce the need for air conditioners, such as improved insulation and ventilation, is crucial.

Conclusion

  • The Global Cooling Pledge represents a significant step in addressing a key contributor to climate change.
  • This initiative underscores the need for global cooperation in combating the escalating challenges posed by climate change.

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Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols

INC-3: Global Efforts to Combat Plastic Pollution

Note4Students

From UPSC perspective, the following things are important :

Prelims level: INC-3

Mains level: Global consesnsu on curbing Plastic Pollution

Central Idea

  • The Intergovernmental Negotiating Committee (INC) met in Nairobi for its third round of negotiations under the UN Environment Programme.

About Intergovernmental Negotiating Committee (INC)

  • INC is a committee that aims to develop a legally binding international instrument to end plastic pollution by 2025, as mandated by UNEA Resolution 5/14.
  • It began working in November 2022 at Punta del Este, Uruguay (INC-1).
  • The second meeting (INC-2) took place in May-June, 2023 at Paris, France.
  • INC is scheduled to complete its work by the end of 2024.

Overview of INC-3

  • Event: The Intergovernmental Negotiating Committee (INC) met in Nairobi for its third round of negotiations under the United Nations Environment Programme.
  • Objective: To develop an international legally binding instrument to end plastic pollution worldwide, as mandated by UNEA Resolution 5/14.
  • Deadline: The INC is tasked with delivering a global plastics treaty by 2025.

Significance of INC-3

  • Critical Stage: INC-3 was pivotal in negotiating the ‘zero draft’ text, which offered various options for core obligations and control measures.
  • Progress: Compared to INC-2 in Paris, INC-3 made substantive discussions on the treaty’s content.

Key Aspects of the ‘Zero Draft’

  • Initial Strength: The zero draft proposed strong options for a legally binding treaty.
  • Dilution of Obligations: During negotiations, member states weakened core obligations, especially on primary polymer production, chemicals of concern, and trade.
  • Controversial Elements: The draft faced controversy over its scope and objectives, particularly regarding the production of primary polymers and lifecycle definitions.

Financial Mechanism Discussions

  • Proposals: The draft included options like a plastic-pollution fee and reducing financial flow into high carbon footprint projects.
  • Opposition: Some countries, particularly those with vested economic interests, opposed these financial provisions.

Trade in Plastics

  • Trade Restrictions: The treaty aims to address gaps left by the Basel Convention, but faced opposition regarding trade restrictions.
  • Misinterpretation of WTO Rules: Some countries misconstrued WTO rules to oppose trade restrictions, despite legal allowances for health and environmental protection.

Challenges in Negotiations

  • Advocacy for Strong Provisions: African countries and Small-Island Developing States advocated for binding provisions, representing marginalized voices and emphasizing human rights and public health.
  • Rules of Procedure: INC-2’s unresolved debate on rules of procedure continued, affecting decision-making at INC-3.
  • Industry Influence: The presence of industry lobbyists indicated significant industry influence on the negotiations.
  • Stalling Tactics: Some countries used stalling and blocking tactics, delaying progress and expanding the draft text with national interest-driven changes.

Outcomes and Takeaways from INC-3

  • Lack of Consensus: The meeting ended without consensus on intersessional work, hindering progress towards INC-4.
  • Exposure of Opposition: INC-3 highlighted the countries and industries opposed to a strong binding treaty.
  • Future Challenges: The lack of mandate adoption for the first draft development indicates significant challenges ahead in achieving a robust and effective global treaty on plastic pollution.

Conclusion

  • INC-3’s outcomes underscore the complexities and challenges in formulating a global treaty on plastic pollution.
  • The divergent interests of member states, influenced by economic and industry considerations, pose significant hurdles.
  • The upcoming negotiations will be crucial in balancing these interests with the urgent need for effective global action to tackle the plastic pollution crisis.

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Foreign Policy Watch: India-SAARC Nations

Gujral Doctrine of Foreign Policy and its Significance

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Gujral Doctrine

Mains level: Read the attached story

Gujral Doctrine

Central Idea: Remembering IK Gujral

  • Date: November 30 marks the 11th death anniversary of IK Gujral, India’s 12th Prime Minister.
  • Tenure: Gujral’s tenure as Prime Minister was less than a year, often overshadowed in discussions about India’s heads of government.
  • Unique Contribution: He is notably recognized for the ‘Gujral Doctrine’, a distinctive foreign policy approach named after him.

Understanding the Gujral Doctrine

  • Background: Before becoming Prime Minister, Gujral served as the External Affairs Minister twice, during which he formulated his foreign policy approach.
  • Five Principles: Outlined in a speech at Chatham House, London, the doctrine emphasized-
  1. Non-reciprocity in relations with neighbors like Nepal, Bangladesh, Bhutan, Maldives, and Sri Lanka,
  2. Non-use of territory against each other,
  3. Non-interference in internal affairs,
  4. Respect for sovereignty and territorial integrity, and
  5. Peaceful bilateral negotiations for dispute resolution.
  • Exclusion of Pakistan: Notably, Pakistan was not included in the list of countries for non-reciprocal relations.
  • Philosophy: The doctrine was based on leveraging India’s size and influence in South East Asia through a non-domineering attitude and continuous dialogue, even with Pakistan.

Successes of the Gujral Doctrine

  • Strengthening Regional Trust: The doctrine enhanced trust and cooperation with India’s neighbors.
  • Key Achievements: Notable successes include the signing of a 30-year water treaty with Bangladesh and positive developments in relations with Bhutan and Nepal.
  • Legacy: Successive Prime Ministers, despite differing political ideologies, continued to follow aspects of this doctrine.

Criticism and Limitations

  • Perceived Leniency: Gujral faced criticism for being too lenient, particularly towards Pakistan, potentially leaving India vulnerable to future threats.
  • Perception in Pakistan: Some in Pakistan viewed the doctrine as an Indian strategy to isolate Islamabad.

Gujral’s Personal Influence on the Doctrine

  • Background: Born in undivided Punjab and a participant in the freedom struggle, Gujral was known for his politeness and firmness in politics.
  • Stance during the Emergency: As Information Minister, he reportedly resisted Sanjay Gandhi’s orders to stifle the press.
  • International Relations Stance: Gujral was outspoken in his views, notably critiquing Britain’s suggestion to mediate over Kashmir.

Legacy in India’s Foreign Policy

  • Impact on India’s Foreign Policy: Gujral’s approach left a lasting influence on India’s foreign policy, particularly in its relations with neighboring countries.
  • Recognition and Remembrance: His doctrine is remembered as a significant contribution to India’s diplomatic strategy, reflecting his understanding of regional dynamics and India’s role in South East Asia.

Conclusion

  • The Gujral Doctrine stands as a testament to IK Gujral’s diplomatic acumen and his vision for India’s role in its immediate neighborhood.
  • His approach, emphasizing cooperation, non-reciprocity, and dialogue, continues to influence India’s foreign policy decisions and its relationships with neighboring countries.

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Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols

What the OECD Report says of Climate Finance ahead of COP 28?

Note4Students

From UPSC perspective, the following things are important :

Prelims level: OECD

Mains level: Read the attached story

Central Idea

  • A recent report published by the OECD reveals that economically developed countries failed to fulfill their commitment to jointly mobilize $100 billion per year for climate mitigation and adaptation in developing countries in 2021, missing the 2020 deadline.
  • The report’s findings have significant implications for the upcoming COP 28 climate talks in the United Arab Emirates, where climate finance is expected to be a contentious issue.

Organisation for Economic Cooperation and Development (OECD)

 

  • Establishment: Founded in 1961, succeeding the Organisation for European Economic Co-operation (OEEC) which was established in 1948 to help administer the Marshall Plan for the reconstruction of Europe after World War II.
  • Members: Initially European-focused, it now includes 38 member countries from across the globe, including many of the world’s most advanced economies and some emerging economies.
  • Purpose: To stimulate economic progress and world trade. It’s a forum where governments can work together to share experiences and seek solutions to common problems.
  • Key Functions: Provides a platform for comparing policy experiences, seeking answers to common problems, identifying good practices, and coordinating domestic and international policies of its members.
  • Major Publications: Includes the OECD Economic Outlook, the OECD Employment Outlook, and the Programme for International Student Assessment (PISA) report.

Key Findings of the OECD Report

  • Shortfall in Climate Finance: Developed countries mobilized $89.6 billion in climate finance in 2021, falling short of the $100 billion target.
  • Decline in Adaptation Finance: The report highlights a 14% decrease in financing for climate adaptation in 2021 compared to the previous year.

Significance of the OECD Report

  • Representation of Developed Nations: The OECD consists of affluent countries such as the U.S., the U.K., Germany, France, Switzerland, and Canada, providing insights into their climate finance priorities before the COP 28 talks.
  • COP 26 Pledge: The report follows a commitment by developed nations at COP 26 in 2020 to double adaptation finance and acknowledges their failure to meet the $100 billion goal on time.

Issues related to Climate Finance Accountability

  • Composition of Climate Finance: The report reveals that a significant portion of public climate financing comes in the form of loans, raising concerns about debt stress in developing countries.
  • Loan Classification: The report’s treatment of loans without considering grant equivalents can exacerbate the burden on poorer nations, as loans may require repayment with interest.
  • ‘Additionality’: The UNFCCC mandates that developed countries provide “new and additional” financial resources for climate purposes, preventing the diversion of funds from other essential sectors like healthcare.
  • Lack of Defined Criteria: Developed countries have resisted efforts to establish a clear definition of climate finance, allowing ambiguity in classifying various types of funding.
  • Double-Counting: Some developed countries have been accused of double-counting development aid as climate finance, leading to the misallocation of resources.

Climate Finance Needs and Future Projections

  • The OECD report suggests that $100 billion was likely met in 2022, but this data remains preliminary and unverified.
  • Developing countries are projected to require approximately $1 trillion annually for climate investments by 2025, escalating to $2.4 trillion per year from 2026 to 2030, highlighting the inadequacy of the $100 billion goal.

Conclusion

  • The OECD report on climate finance underscores the gap between promises made by developed nations and their actual contributions.
  • Issues of loan classification, additionality, and a lack of clear criteria for climate finance need to be addressed for greater transparency and accountability.
  • As developing countries face growing climate-related challenges, public funding from governments and multilateral development banks remains crucial to meeting their needs.

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OBOR Initiative

China to extend China-Myanmar Economic Corridor to Sri Lanka

Note4Students

From UPSC perspective, the following things are important :

Prelims level: China-Myanmar Economic Corridor

Mains level: Belt and Road Initiative

cmec

Central Idea

  • In a significant move towards expanding the Belt and Road Initiative (BRI) in South Asia, China has expressed its commitment to prioritize the extension of the China-Myanmar Economic Corridor (CMEC) to Sri Lanka.

What is CMEC?

Details
Geographical Scope Connects China’s Yunnan Province with Mandalay, Kyaukphyu SEZ on the Bay of Bengal, and Yangon in Myanmar.
Strategic Importance Provides China an alternative to the Strait of Malacca for trade and energy transport. Offers a shorter, more secure route to the Middle East and Africa.
Infrastructure Involves building roads, railways, ports, and industrial zones. Key projects include the development of the Kyaukphyu deep-sea port.
Economic Impact on Myanmar Promises infrastructure development, foreign investment, and job creation in Myanmar. Raises concerns about debt sustainability, environmental impact, and displacement of local communities.
Political and Security Challenges The corridor passes through politically sensitive and conflict-prone areas in Myanmar, posing challenges to its implementation and stability.

Expanding the Economic Corridor

  • China’s Strategic Priority: State Councillor Shen Yiqin emphasized that China is making the extension of the CMEC to Sri Lanka a strategic priority.
  • Free Trade Agreement Acceleration: Both nations affirmed their commitment to expediting the implementation of the China-Sri Lanka Free Trade Agreement, reinforcing their economic partnership.

Significance of CMEC in BRI

  • CMEC’s Emergence: CMEC is the latest addition to the six land corridors within the Belt and Road Initiative, gaining prominence over the stalled Bangladesh-China India Myanmar (BCIM) corridor.
  • South Asian Perspective: India and Bhutan remain outside the BRI framework, while countries like Sri Lanka are enthusiastic participants, poised for a more substantial economic contribution in the second phase of the initiative.

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