BREAKTHROUGH AGENDA REPORT 2023

BREAKTHROUGH AGENDA REPORT 2023

27-09-2023

 

Latest Context:

Recently, the Breakthrough Agenda Report 2023 has been released.

About Breakthrough Agenda Report 

  • The Breakthrough Agenda Report 2023 is an annual report jointly released by the International Energy Agency, the International Renewable Energy Agency, and UN Climate Change High-Level Champions.
  • It was requested at the UN Climate Change Conference (COP) and is part of the Breakthrough Agenda's launch.
  • This report is important because it evaluates progress in addressing climate change

What Is the Breakthrough Agenda?

The Breakthrough Agenda is a plan of action designed to bring different sectors, such as Power, Road transport, Steel, Hydrogen, and Agriculture, together to invest in ways that combat climate change.

Key Findings:

  • Clean Energy is Growing: There is a significant increase in the use of clean and sustainable energy solutions, benefiting the environment.
  • Climate Goals Not Met: Many countries' climate plans, known as Nationally Determined Contributions, do not align with global climate goals.
  • Power Sector Pollution: The power sector is a major contributor to pollution, responsible for about 40% of all emissions, and its pollution has been increasing in recent years.

Recommendations for Different Sectors:

  • Power Sector: It is recommended to invest in better energy storage and more efficient energy use.
  • Hydrogen: Rules for sharing hydrogen technology and increased funding for environment-friendly projects are needed.
  • Road Transport: Considerations include the timeline for adopting non-polluting vehicles and measuring battery cleanliness.
  • Steel: Discussions revolve around policies to reduce steel production pollution and methods for monitoring emissions.
  • Agriculture: More funding should support environmentally friendly farming, food waste reduction, methane emission reduction, and improved crop and livestock practices.

Conclusion:

The release of the Breakthrough Agenda Report 2023 represents a significant milestone in assessing global progress in addressing climate change. It highlights positive developments, such as the growth of clean energy solutions, while also underscoring concerns, including the miscoordination of national climate plans with global objectives and increased pollution from the power sector.

 

 Must Check: Best IAS Coaching In Delhi  

 

IRDAI Liberalizes Reinsurance: First Private License Granted to Valueattics

Donald Trump’s Strategic Bitcoin Reserve Executive Order

Navratna Status For IRCTC And IRFC