×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

GS-III :
  • 29 October, 2019

  • Min Read

BASIC MINISTERIAL MEETING ON CLIMATE CHANGE


Context:

The 29th BASIC Ministerial Meeting on Climate Change was held recently in Beijing, China.


OUTCOMES:

The developed countries to take urgent action to close gaps and provide support to developing nations as a part of the commitment under the Paris agreement on climate change.

Global climate action should promote climate justice by recognising the fundamental equality of all people in accessing economic growth and sustainable development.

There is need for people’s participation and climate friendly lifestyles for addressing the challenge of climate change.

Developed countries should take urgent actions to close the gaps, including revisiting their targets on mitigation under the Convention and the Kyoto Protocol, and fulfilling their commitments of providing support to developing countries.

WHO ARE BASIC COUNTRIES ?


It is geopolitical alliance (bloc) of four advanced developing countries – Brazil, South Africa, India and China. It was established by agreement in 2009. These four countries collectively account for one-third of world’s geographical area and nearly 40% of world’s population.

BASIC countries broadly have common position on reducing greenhouse gas emissions and raising the massive funds that are needed to fight climate change. Since 2009, they have cooperated in international climate negotiations, reflecting their aspiration to have a larger say in global politics.

Mandate: These four countries as single bloc are committed to act jointly at Copenhagen climate summit, including possible united walk-out if their common minimum position was not met by the developed nations. They are collectively working to define common position on emission reductions and climate aid money and try to convince other countries to sign up to Copenhagen Accord.


Objectives:

The signatory nations have a broadly common position on reducing greenhouse gas emissions and raising the massive funds that are needed to fight climate change.

The BASIC countries constituted one of the parties in the Copenhagen Accord reached with the US-led grouping.

The Accord, was not legally binding.

The BASIC group wields considerable heft purely because of the size of the economies and populations of the member countries.

It constitutes one-third of the world’s geographical area and nearly 40% of the world’s population, and when they unitedly speak in one voice this shows their determination.

BASIC is one of several groups of nations working together to fight climate change and carry out negotiations within the UNFCCC.


Importance :

1. High vulnerability of developing countries to climate change effects and high resultant costs of adaptation”.

2. The findings of the IPCC Special Report on Global Warming make it incredibly clear that the impacts of an already warming world are significant, and that impacts at 2°C are catastrophic compared to those of 1.5°C. Yet, the BASIC ministers recalled the Paris goal of limiting the temperature rise to well under 2°C, and aspiring to limit it to 1.5°C.

3. The BASIC countries also contend that their nationally determined contributions (NDCs)— voluntary pledges of national efforts to reduce greenhouse gas (GHG) emissions.


Way forward :

It is critical that all countries actively step-up to rapidly reduce global GHG emissions within their own jurisdictions and collectively work with each other to limit warming to 1.5°C.



Source: THE HINDU


Competition Commission of India (CCI)

Competition Commission of India has selected Ansuman Pattnaik as the new head of its investigation’s unit recently. The Competition Commission of India (CCI) is a statutory body within the Ministry of Corporate Affairs. It was established in 2003, but became fully functional in 2009. The CCI aims to establish a

Connected Lending (CL)

RBI’s move to consolidate the scattered laws on connected lending is welcome. CL refers to persons who are in the position to control the decision of the lender. CL is the extension of credit to individuals or firms connected through ownership or the ability to exert control, whether direct or indirect. CL refers to cases where the

Cosmic Distances

No human probe has travelled much beyond the Solar System, yet we are able to measure distances across billions of light-years. The space beyond Earth is so incredibly vast that units of measure, which are convenient in everyday lives, can become gigantic. Distances between the planets, and especially between the stars, become so big when e

Devil Comet

Mount Everest-sized Devil comet hurtling in Earth’s direction could explode today. Pons-Brooks Comet - Comet 13P/Pons-Brooks, also called the Devil Comet, is about the size of Mount Everest and it is hurtling towards Earth. After an outburst in July, scientists believe that the comet could explode once again today. Ice volcanoe

Kakad Bhairav or Bhilat Baba BHILS

A stone deity worshipped by the Bhils in Madhya Pradesh’s Bagh was recently proved to be a fossilized dinosaur egg. Just like their ancestors worshipped ancient stones as deities, generations of Bhils had worshipped this sunbaked, reddish-brown Kakad Bhairav or Bhilat Baba. Sacrifices of chickens and sheep marked their whispered pleas

DNA

01 Feb,2024

Toppers

Search By Date

Post Feed

Newsletter Subscription
SMS Alerts

Important Links