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CA Magazines & Editorials
20 Mar 2024
Recently, the World Meteorological Organization (WMO) released the State of Global Climate Report 2023 (an annual State of the Climate Report).
| Relevancy for Prelims: State of Global Climate Report 2023: World Meteorological Organization Report, Climate Change, Climate Change Organizations, Rising Earth Temperature, and UN Climate Summit 2023 or COP28.
Relevancy for Mains: Gig Economy in India: Current Status, Classification, Benefits, and Regulatory Frameworks. |
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About the World Meteorological Organization (WMO)
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In an average scenario for a 1.5°C pathway, annual climate finance investments need to grow more than six times, reaching almost USD 9 trillion by 2030 and a further USD 10 trillion through 2050.

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Crisis of Displacement in 2023
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About Nationally Determined Contributions (NDCs)
About National Meteorological and Hydrological Services (NMHS)
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The Earth is experiencing unprecedented changes that are leading to more frequent and intense extreme weather events, food insecurity, and displacement of vulnerable populations. To mitigate the impacts of climate change and adapt to the new reality, it is crucial to scale up climate finance and close the financing gap.
| Prelims PYQ (2023):
Consider the following statements: Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change. Statement-II: Carbon markets transfer resources from the private sector to the State. Which one of the following is correct in respect of the above statements? (a) Both Statement-I and Statement-II are correct and StatementII is the correct explanation for Statement-I (b) Both Statement-I and Statement-II are correct and StatementII is not the correct explanation for Statement-I (c) Statement-I is correct but StatementII is incorrect (d) Statement-I is incorrect but Statement-II is correct. Ans: (a) |
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