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  • India offers ‘Panchamrita’ Strategy for Climate Conundrum at Glasgow

    PM Modi has proposed a five-fold strategy called the ‘Panchamrita’ for India to play its part in helping the world get closer to 1.5 degrees Celsius on the first day of the global climate meeting in Glasgow.

    What is Panchamrita?

    • ‘Panchamrita’ is a traditional method of mixing five natural foods — milk, ghee, curd, honey and jaggery. These are used in Hindu and Jain worship rituals. It is also used as a technique in Ayurveda.
    • The PM euphemistically termed his scheme as ‘Panchamrita’ meaning the ‘five ambrosia’.
    • Under Panchamrita’, India will:
    1. Get its non-fossil energy capacity to 500 gigawatts by 2030
    2. Meet 50 per cent of its energy requirements till 2030 with renewable energy
    3. Reduce its projected carbon emission by one billion tonnes by 2030
    4. Reduce the carbon intensity of its economy by 45 per cent by 2030
    5. Achieve net zero by 2070

    Key takeaways of PM’s speech

    (a) Commitment for climate action

    • India consists of 17 per cent of the world’s population but contribute only five per cent of emissions.
    • Yet, it has left no stone unturned in doing our bit to fight climate change.
    • At Paris, India was making promises not to the world but to itself and 1.3 billion Indians, PM said.

    (b) Climate finance

    • The 2015 Paris CoP where the Paris Agreement was signed was not a summit but a sentiment.
    • The promises made till now on climate finance were useless.
    • When we all are increasing our ambitions on climate action, the world’s ambition could not stay the same on climate finance as was agreed at the time of Paris.

    (c) India’s track record

    • India was fourth as far as installed renewable energy capacity was concerned.
    • The Indian Railways has pledged to make itself net-zero by 2030. This will result in an annual 60 million tonnes reduction in emissions.
    • India initiated the International Solar Alliance for solar energy.
    • It has also set up the coalition for disaster resilient infrastructure for climate adaptation.

     

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  • [pib] BASIC Countries

    The Union Environment Minister has delivered the statement on behalf of the BASIC group of countries at the UN Climate Change Conference underway at Glasgow.

    Who are the BASIC Countries?

    • The BASIC countries (also Basic countries or BASIC) are a bloc of four large newly industrialized countries – Brazil, South Africa, India and China.
    • It was formed by an agreement on 28 November 2009.
    • The four committed to act jointly at the Copenhagen climate summit, including a possible united walk-out if their common minimum position was not met by the developed nations.
    • This emerging geopolitical alliance, initiated and led by China, then brokered the final Copenhagen Accord with the United States.

    What is the Copenhagen Accord?

    • The Copenhagen Accord is a document signed at COP 15 to the UNFCCC on 18 December 2009.
    • The Accord states that global warming should be limited to below 2.0 °C (3.6 °F).
    • It does not specify what the baseline is for these temperature targets (e.g., relative to pre-industrial or 1990 temperatures).
    • In January 2010, the Accord was described merely as a political agreement and not legally binding, as is argued by the US and Europe.
    • It is not legally binding and does not commit countries to agree to a binding successor to the Kyoto Protocol, whose round ended in 2012.
    • According to the UNFCCC, these targets are relative to pre-industrial temperatures.

     

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  • Sundarbans among 5 sites with highest ‘Blue Carbon’ globally

    India’s Sundarbans National Park is among five sites that have the highest blue carbon stocks globally, according to a new assessment.

    Highlights of the study

    • ‘World Heritage forests’ are now releasing more carbon than they are absorbing, primarily due to human activity and climate change, according to the assessment.
    • UNESCO lists 50 sites across the globe for their unique marine values. These represent just one per cent of the global ocean area.
    • But they comprise at least 15 per cent of global blue carbon assests.

    Try this question from CSP 2021:

    Q. What is blue carbon?

    (a) Carbon captured by oceans and coastal ecosystems

    (b) Carbon sequestered in forest biomass and agricultural soils

    (c) Carbon contained in petroleum and natural gas

    (d) Carbon present in atmosphere

     

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    Carbon capacity of Sundarbans

    • The Sundarbans National Park has stores of 60 million tonnes of carbon (Mt C).
    • The other four sites besides the Sundarbans National Park in India are:
    1. Bangladeshi portion of the Sundarbans (110 Mt C)
    2. Great Barrier Reef in Australia (502 Mt C)
    3. Everglades National Park in the US (400 Mt C) and
    4. Banc d’Arguin National Park in Mauritania (110 Mt C)

    About Sundarbans

    • Sundarbans is the largest delta and mangrove forest in the world.
    • The Indian Sunderbans, which covers 4,200 sq km, comprises of the Sunderban Tiger Reserve of 2,585 sq km is home to about 96 Royal Bengal Tigers (2020) is also a world heritage site and a Ramsar Site.
    • The Indian Sunderbans is bound on the west by river Muriganga and on the east by rivers Harinbhahga and Raimangal.
    • Other major rivers flowing through this eco-system are Saptamukhi, Thakuran, Matla and Goasaba.

    Worrying scenario

    • The researchers found that 10 of 257 forests emitted more carbon than they captured between 2001 and 2020.
    • The reasons for included clearance of land for agriculture, the increasing scale and severity of wildfires due to drought as well as extreme weather phenomena.
    • The 10 sites are:
    1. Tropical Rainforest Heritage of Sumatra (Indonesia)
    2. Río Plátano Biosphere Reserve (Honduras)
    3. Yosemite National Park (US)
    4. Waterton Glacier International Peace Park (Canada, US)
    5. Barberton Makhonjwa Mountains (South Africa)
    6. Kinabalu Park (Malaysia)
    7. Uvs Nuur Basin (Russian Federation, Mongolia)
    8. Grand Canyon National Park (US)
    9. Greater Blue Mountains Area (Australia)
    10. Morne Trois Pitons National Park (Dominica)

    (Try mapping these sites)

    Back2Basics: Types of Carbon

    • Brown Carbon: It is brown smoke released by the combustion of organic matter.
    • Black Carbon: It is also a greenhouse gas and causes more pollution than Brown Carbon. The particles leftover from incomplete combustion of fossil fuels (soot and dust). It has a greater effect on radiation transmission.
    • Green Carbon: Carbon incorporated into plant biomass and the soils below. Green carbon is carbon removed by photosynthesis and stored in the plants and soil of natural ecosystems.
    • Blue Carbon: Blue Carbon refers to coastal, aquatic and marine carbon sinks held by the indicative vegetation, marine organism and sediments.

     

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  • G7 Trade Ministers’ Digital Trade Principles

    The Group of Seven wealthy nations agreed on a joint set of principles to govern cross-border data use and digital trade.

    What are the Digital Trade Principles?

    • Open digital markets: Digital and telecommunications markets should be competitive, transparent, fair, and accessible to international trade and investment.
    • Cross-border data flows: To harness the opportunities of the digital economy and support the trade of goods and services, data should be able to flow freely across borders with trust.
    • Safeguards for workers, consumers, and businesses: Labour protections must be in place for workers who are directly engaged in or support digital trade, providing decent conditions of work.
    • Digital trading systems: To cut red tape and enable more businesses to trade, governments and industries should drive forward the digitization of trade-related documents.
    • Fair and inclusive global governance: Common rules for digital trade should be agreed and upheld at the World Trade Organization.

    About Group of Seven

    • The G-7 or ‘Group of Seven’ includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
    • It is an intergovernmental organization that was formed in 1975 by the top economies of the time as an informal forum to discuss pressing world issues.
    • Initially, it was formed as an effort by the US and its allies to discuss economic issues.
    • The G-7 forum now discusses several challenges such as oil prices and many pressing issues such as financial crises, terrorism, arms control, and drug trafficking.
    • It does not have a formal constitution or a fixed headquarters. The decisions taken by leaders during annual summits are non-binding.
    • Canada joined the group in 1976, and the European Union began attending in 1977.

    Evolution of the G-7

    • When it started in 1975—with six members, Canada joining a year later—it represented about 70% of the world economy.
    • And it was a cosy club for tackling issues such as the response to oil shocks.
    • Now it accounts for about 40% of global gdp.
    • Since the global financial crisis of 2007-09 it has sometimes been overshadowed by the broader g20.
    • The G-7 became the G-8 in 1997 when Russia was invited to join.
    • In 2014, Russia was debarred after it took over Crimea.

     

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  • Global Agricultural Productivity Report, 2021

    Global agricultural productivity (GAP) is not growing as fast as the demand for food, amid the impact of climate change, according to a new report.

    GAP Report

    • The GAP Report is released by Virginia Tech’s College of Agriculture and Life Sciences.
    • It urges the acceleration of productivity growth from smallholders to large-scale farmers to meet consumers’ needs and address current and future threats to human and environmental well-being.

    Key indicator: Total factor productivity (TFP)

    • In agriculture, productivity is measured as Total Factor Productivity or TFP.
    • An increase in TFP growth indicates that more crops, livestock, and aquaculture products were produced with the same amount (or less) land, labor, fertilizer, machinery, feed, and livestock.
    • TFP grows when producers increase output using improved technologies and practices, such as advanced seed varieties, precision mechanization, efficient nutrient and water management techniques, and improved animal care practices.
    • Using agricultural inputs efficiently to generate more output reduces agriculture’s environmental impact and lowers costs for producers and consumers.

    Highlights of the report

    • Total factor productivity (TFP) is growing at an annual rate of 1.36 per cent (2020-2019).
    • This is below the annual target of 1.73 per cent growth to sustainably meet the needs of consumers for food and bioenergy in 2050.
    • Climate change has already reduced productivity growth globally by 21 per cent since 1961, the report said.
    • In the drier regions of Africa and Latin America, climate change has slowed productivity growth by as much as 34 per cent.
    • The report noted that middle-income countries including India, China, Brazil and erstwhile Soviet republics continued to have strong TFP growth rates.

    Agricultural productivity in India

    • India has seen strong TFP and output growth this century.
    • The most recent data shows an average annual TFP growth rate of 2.81 per cent and output growth of 3.17 per cent (2010–2019).

    Key recommendations

    • The report urged accelerating investments in agricultural R&D to increase and preserve productivity gains, especially for small farmers.
    • It identified six strategies and policies that would create sustainable agricultural growth at all scales of production:
    1. Invest in agricultural research and development
    2. Embrace science-and-information-based technologies
    3. Improve infrastructure for transportation, information and finance
    4. Cultivate partnerships for sustainable agriculture, economic growth and improved nutrition
    5. Expand and improve local, regional and global trade
    6. Reduce post-harvest loss and food waste

     

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  • Pakistan, Turkey on FATF greylist

    The Financial Action Task Force (FATF) kept Pakistan on the grey list yet again since 2018. The FATF also announced the ‘greylisting’ of Jordan, Mali and Turkey.

    What is the FATF?

    • FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
    • The FATF Secretariat is housed at the OECD headquarters in Paris.
    • It holds three Plenary meetings in the course of each of its 12-month rotating presidencies.
    • As of 2019, FATF consisted of 37 member jurisdictions.

    India and FATF

    • India became an Observer at FATF in 2006. Since then, it had been working towards full-fledged membership.
    • On June 25, 2010, India was taken in as the 34th country member of FATF.
    • The EAG (Eurasian Group) is a regional body comprising nine countries: India, Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Belarus.

    What is the role of FATF?

    • Watchdog on terror financing: The rise of the global economy and international trade has given rise to financial crimes such as money laundering.
    • Recommendation against financial crimes: The FATF makes recommendations for combating financial crime, reviews members’ policies and procedures, and seeks to increase acceptance of anti-money laundering regulations across the globe.

    What is the Black List and the Grey List?

    • Black List: The blacklist, now called the “Call for action” was the common shorthand description for the FATF list of “Non-Cooperative Countries or Territories” (NCCTs).
    • Grey List: Countries that are considered safe haven for supporting terror funding and money laundering are put in the FATF grey list. This inclusion serves as a warning to the country that it may enter the blacklist.

    Consequences of being in the FATF grey list:

    • Economic sanctions from IMF, World Bank, ADB
    • Problem in getting loans from IMF, World Bank, ADB and other countries
    • Trade sanctions: Reduction in international trade
    • International boycott

    Pakistan and FATF

     

    • Pakistan, which continues to remain on the “grey list” of FATF, had earlier been given the deadline till June to ensure compliance with the 27-point action plan against terror funding networks.
    • It has been under the FATF’s scanner since June 2018, when it was put on the Grey List for terror financing and money laundering risks.
    • FATF and its partners such as the Asia Pacific Group (APG) are reviewing Pakistan’s processes, systems, and weaknesses on the basis of a standard matrix for anti-money laundering (AML) and combating the financing of terrorism (CFT) regime.

     

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  • World Economic Outlook (WEO) Report by IMF

    The International Monetary Fund (IMF) has unveiled its 2nd World Economic Outlook (WEO) Report.

    About WEO Report

    • The WEO is a report by the IMF that analyzes key parts of the IMF’s surveillance of economic developments and policies in its member countries.
    • It also projects developments in the global financial markets and economic systems.
    • The report comes out twice every year — April and October.
    • It is based on a wide set of assumptions about a host of parameters — such as the international price of crude oil — and set the benchmark for all economies to compare one another with.

    Key takeaways from the October 2021 WEO

    • The central message was that the global economic recovery momentum had weakened due to the pandemic-induced supply disruptions.
    • It is the increasing inequality among nations that IMF was most concerned about.
    • The dangerous divergence in economic prospects across countries remains a major concern.

    Reasons for the slowdown

    There are two key reasons:

    1. Large disparities in vaccine access
    2. Differences in policy support

    What about Employment?

    Ans. There is a lag.

    • Employment around the world remains below its pre-pandemic levels.
    • This reflects a mix of negative output gaps, worker fears of on-the-job infection in contact-intensive occupations, childcare constraints, labour demand changes due to automation etc.
    • The main concern is the gap between recovery in output and employment which is likely to be larger in emerging markets and developing economies than in advanced economies.
    • Further, young and low-skilled workers are likely to be worse off than prime-age and high-skilled workers, respectively.

    Implications for India

    Ans. Reduce India’s growth momentum

    • IMF has suggested that India’s economic recovery is gaining ground.
    • Some sectors such as the IT-services sectors have been practically unaffected by Covid, while the e-commerce industry is doing brilliantly.
    • However, the recovery in unemployment is lagging the recovery in output (or GDP).
    • This matters immensely for India as it reflects jobless growth.
    • India was already facing a deep employment crisis before the Covid crisis, and it became much worse after it.
    • Lack of adequate employment levels would again drag down overall demand and affect the growth momentum.

    Threats to growth momentum

    • Usual unemployment: Even before the pandemic, India already had a massive unemployment crisis.
    • Sector-wise recovery: India is witnessing a K-shaped recovery. That means different sectors are recovering at significantly different rates.
    • Unorganized sector: A weak recovery for the informal/unorganized sectors implies a drag on the economy’s ability to create new jobs or revive old ones.
    • Contact-based services: Such services which can create many more jobs, are not seeing a similar bounce-back.

    How informal is India’s economy?

    • A NSO report titled ‘Measuring Informal Economy in India’ gives a detailed account of informal Indian economy.
    • It shows the share of different sectors of the economy in the overall Gross Value Added and the share of the unorganised sector therein.
    • The share of informal/unorganised sector GVA is more than 50% at the all-India level, and is even higher in certain sectors.
    • It creates a lot of low-skilled jobs such as construction and trade, repair, accommodation, and food services.

    This is why India is more vulnerable.

     

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  • Russia breaks diplomatic ties with NATO

    Russia has decided that it would halt the activities of its diplomatic mission to NATO after it expelled eight Russian diplomats in a row over spying.

    Why such move?

    • NATO had set up a prohibitive regime for Russian diplomats in Brussels by banning them from its headquarters building.
    • Relations between Moscow and the West have been strained for years, but the immediate impetus for the Russian move was a spy scandal.
    • Military tensions have also escalated in recent years, including last spring when Russian troops massed along Ukraine’s border (probably for invasion).

    Significance of the move

    • The decision will end a post-Cold War experiment, never very successful, in building trust between Russia and the Western alliance.
    • It was established decades ago to contain the Soviet Union, which officials in Moscow accused of later encroaching on former Soviet territory.

    About North Atlantic Treaty Organization (NATO)

    • NATO is a military alliance established by the North Atlantic Treaty (also called the Washington Treaty) of April 4, 1949.
    • It sought to create a counterweight to Soviet armies stationed in Central and Eastern Europe after World War II.
    • Its original members were Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, and the United States.
    • NATO has spread a web of partners, namely Egypt, Israel, Sweden, Austria, Switzerland and Finland.

    Why was it founded?

    Ans. Communist sweep in Europe post-WWII and rise of Soviet dominance

    • After World War II in 1945, Western Europe was economically exhausted and militarily weak, and newly powerful communist parties had arisen in France and Italy.
    • By contrast, the Soviet Union had emerged from the war with its armies dominating all the states of central and Eastern Europe.
    • By 1948 communists under Moscow’s sponsorship had consolidated their control of the governments of those countries and suppressed all non-communist political activity.
    • What became known as the Iron Curtain, a term popularized by Winston Churchill, had descended over central and Eastern Europe.

    Ideology of NATO

    • NATO ensures that the security of its European member countries is inseparably linked to that of its North American member countries.
    • It commits the Allies to democracy, individual liberty and the rule of law, as well as to the peaceful resolution of disputes.
    • It also provides a unique forum for dialogue and cooperation across the Atlantic.

    The Article 5

    • The heart of NATO is expressed in Article 5, in which the signatory members agree that an armed attack against one or more of them in Europe or North America shall be considered an attack against them all.

    Why in news now?

    • The relationship between NATO and Russia is at its lowest point since the end of the Cold War.
    • The NATO (rather US) sees their aggressive actions, not least against Ukraine, but also the significant military buildup and violations of important arms control agreements.
    • NATO suspended practical cooperation with Russia in 2014 after it annexed Ukraine’s Crimean Peninsula.

     

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  • COP26 Climate Conference and Why it is important

    The UK will host the COP 26 UN Climate Change Conference from October 31 to November 12.

    Conference of Parties (CoP): A Backgrounder

    • The CoP comes under the United Nations Climate Change Framework Convention (UNFCCC) which was formed in 1994.
    • The UNFCCC was established to work towards “stabilisation of greenhouse gas concentrations in the atmosphere.”
    • It laid out a list of responsibilities for the member states which included:
    1. Formulating measures to mitigate climate change
    2. Cooperating in preparing for adaptation to the impact of climate change
    3. Promoting education, training and public awareness related to climate change
    • The UNFCCC has 198 parties including India, China and the USA. COP members have been meeting every year since 1995.

    COP1 to COP25: Key takeaways

    COP1: The first conference was held in 1995 in Berlin.

    COP3: It was held in Kyoto, Japan, in 1997, the famous Kyoto Protocol (w.e.f. 2005) was adopted. It commits the member states to pursue limitation or reduction of greenhouse gas emissions.

    COP8: India hosted the eighth COP in 2002 in New Delhi. It laid out several measures including, ‘strengthening of technology transfer… in all relevant sectors, including energy, transport and R&D,  and the strengthening of institutions for sustainable development.

    COP21: it is one of the most important that took place in 2015, in Paris, France. Here countries agreed to work together to ‘limit global warming to well below 2, preferably at 1.5 degrees Celsius, compared to pre-industrial levels.’

    Significance of COP26

    • The event will see leaders from more than 190 countries, thousands of negotiators, researchers and citizens coming together to strengthen a global response to the threat of climate change.
    • It is a pivotal movement for the world to come together and accelerate the climate action plan after the COVID pandemic.

    COP26 goals

    According to the UNFCCC, COP26 will work towards four goals:

    1. Secure global net-zero by mid-century and keep 1.5 degrees within reach
    • The UNFCCC recommends that countries ‘accelerate the phase-out of coal, curtail deforestation, speed up the switch to electric vehicles and encourage investment in renewables’ to meet this goal.
    1. Adapt to protect communities and natural habitats
    • Countries will work together to ‘protect and restore ecosystems and build defences, warning systems and resilient infrastructure and agriculture to avoid loss of homes, livelihoods and even lives.’
    1. Mobilise finance
    • To deliver on first two goals, developed countries must make good on their promise to mobilise at least $100bn in climate finance per year by 2020.
    1. Work together to deliver
    • Another important task at the COP26 is to ‘finalise the Paris Rulebook’. Leaders will work together to frame a list of detailed rules that will help fulfil the Paris Agreement.

    What India could do to reach its targets?

    • Update NDCs: It is time for India to update its Nationally Determined Contributions or NDCs. (NDCs detail the various efforts taken by each country to reduce the national emissions)
    • Effective planning: Sector by sector plans are needed to bring about development. We need to decarbonise the electricity, transport sector and start looking at carbon per passenger mile.
    • Energy transition: Aggressively figure out how to transition our coal sector
    • Robust legal framework: India also needs to ramp up the legal and institutional framework of climate change.

    Try answering this PYQ:

    With reference to the Agreement at the UNFCCC Meeting in Paris in 2015, which of the following statements is/are correct?

    1. The Agreement was signed by all the member countries of the UN and it will go into effect in 2017.
    2. The Agreement aims to limit the greenhouse gas emissions so that the rise in average global temperature by the end of this century does not exceed 2 degree Centigrade or even 5 degree Centigrade above pre-industrial levels.
    3. Developed countries acknowledged their historical responsibility in global warming and committed to donate dollar 1000 billion a year from 2020 to help developing countries to cope with climate change.

    Select the correct answer using the code given below:

    (a) 1 and 3 only

    (b) 2 only

    (c) 2 and 3 only

    (d) 1, 2 and 3

     

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  • India ranked 101 in Global Hunger Index (GHI)

    The Global Hunger Index 2021 has ranked India at 101 positions out of a total 116 countries.

    Note the parameters over which the GHI is based and their weightage composition.

    Global Hunger Index (GHI)

    • The Global Hunger Index is a peer-reviewed annual report, jointly published by Concern Worldwide and Welthungerhilfe.
    • It determines hunger on a 100-point scale, where 0 is the best possible score (no hunger) and 100 is the worst.
    • It is designed to comprehensively measure and track hunger at the global, regional, and country levels.
    • The aim of the GHI is to trigger action to reduce hunger around the world.

    For each country in the list, the GHI looks at four indicators:

    1. Undernourishment (which reflects inadequate food availability): calculated by the share of the population that is undernourished (that is, whose caloric intake is insufficient)
    2. Child Wasting (which reflects acute undernutrition): calculated by the share of children under the age of five who are wasted (that is, those who have low weight for their height)
    3. Child Stunting (which reflects chronic undernutrition): calculated by the share of children under the age of five who are stunted (that is, those who have low height for their age)
    4. Child Mortality (which reflects both inadequate nutrition and unhealthy environment): calculated by the mortality rate of children under the age of five

    India’s (poor) performance

    • India is among the 31 countries where hunger has been identified as serious.
    • Only 15 countries fare worse than India.
    • Some of these include Afghanistan (103), Nigeria (103), Congo (105), Mozambique (106), Sierra Leone (106), Timor-Leste (108), Haiti (109), Liberia (110), Madagascar (111) and Somalia (116).
    • India was also behind most of the neighbouring countries.
    • Pakistan was placed at 92 rank, Nepal at 76 and Bangladesh also at 76.

    Reasons for such poor performance

    • Poor maternal health: Mothers are too young, too short, too thin and too undernourished themselves, before they get pregnant, during pregnancy, and then after giving birth, during breast-feeding.
    • Poor sanitation: Poor sanitation, leading to diarrhoea, is another major cause of child wasting and stunting.
    • Food insecurity: Low dietary diversity in India is also a key factor in child malnutrition.
    • Poverty: Almost 50 million households in India are dependent on these small and marginal holdings.
    • Livelihood loss: The rural livelihoods loss after COVID and lack of income opportunities other than the farm sector have contributed heavily to the growing joblessness in rural areas.

    Issues over credibility of GHI

    • India has ranked among many African countries while it is among the top 10 food-producing countries in the world.

     

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