CURRENT AFFAIRS

The Green Tug Transition Programme (GTTP) is a strategic initiative launched by the Government of India to modernize the maritime sector by replacing conventional fuel-based harbour tugs with environmentally friendly alternatives. 

The world’s largest Direct Air Capture and Storage (DAC+S) plant, named Mammoth, has started operation in Iceland.

India has initiated its first study on 'Teal Carbon' at the Keoladeo National Park (KNP) in Rajasthan, marking a crucial step towards understanding the role of non-tidal freshwater wetlands in climate mitigation. 

Carbon farming refers to the use of agricultural practices that aim to reduce atmospheric carbon dioxide (CO₂) levels by capturing and storing carbon in the soil and vegetation. 

The 46th Antarctic Treaty Consultative Meeting (ATCM) and the 26th Committee on Environmental Protection (CEP) were recently concluded in India.

Recently, the Ministry of Environment and Forests issued updated guidelines for its Green Credit Programme (GCP), focusing on the eco-restoration of degraded forest areas and other environmental actions.

After over a decade of negotiations, the rules under Article 6 of the Paris Agreement governing international carbon trading have been finalized. 

There is growing discontent among developing nations regarding the enhanced New Collective Quantified Goal (NCQG) on climate finance. 

In June 2024, the 67th Council meeting of the Global Environment Facility (GEF) approved a landmark funding package of $736.4 million to support 34 environmental projects worldwide. 

India, as a signatory to the Paris Agreement, is committed to addressing climate change through its Nationally Determined Contributions (NDCs).