World Climate Action Summit – COP28

Context:

World Climate Action Summit (WCAS)

  • The WCAS, also known as the “high-level segment,” is part of COP-28 where world leaders or their representatives meet. 
  • They are expected to make statements regarding their countries’ intent and contributions to mitigating greenhouse gas emissions.

India’s Climate Targets and Previous Commitments:

  • During the 26th COP in Glasgow, Scotland in 2021, Prime Minister announced specific climate targets known as “Panchamrit.”
    • Achieve “net zero” or carbon neutrality by 2070.
    • Install at least 500 gigawatts (GW) of non-fossil energy by 2030.
    • Cut carbon emissions by a billion tonnes.
    • Reduce the carbon-intensity of the economy by 45%.
    • Meet half of India’s energy requirements from renewable sources by 2030.

India’s Leadership in Climate Change:

  • Climate change was a priority during India’s G20 Presidency, with commitments to triple installed renewable energy capacity sources by 2030.
  • COP28 seen as an opportunity to build on these successes.

About UNFCCC:

The UNFCCC secretariat (UN Climate Change) is the United Nations entity tasked with supporting the global response to the threat of climate change.

World Climate Action Summit

Origin:

  • The UNFCCC, signed in 1992 at the United Nations Conference on Environment and Development also known as the Earth Summit, the Rio Summit, or the Rio Conference.
  • The UNFCCC entered into force on March 21, 1994.
  • The Convention has near universal membership (197 Parties). 
  • Secretariat: Bonn, Germany.
  • UNFCCC’s Institutional Arrangements:
    • The Conference of the Parties (COP)
    • COP President and Bureau
    • Subsidiary Bodies (SBs)
    • The Secretariat

About COP:

  • COP stands for Conference of the Parties, with “parties” referring to the 197 nations that agreed to the United Nations Framework Convention on Climate Change (UNFCCC).
  • It is the apex decision-making body of UNFCCC.
  • It reviews the national commitments and emission inventories submitted by Parties. Based on this information, the COP assesses the progress made in achieving the ultimate objective of the Convention.

News Source: The Hindu

 

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UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
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Designed as per recent trends of Prelims questions
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