· It is an annual report published by the United Nations Environment Programme (UNEP).
· The EGR series tracks our progress inlimiting global warming well below 2°Cand pursuing 1.5°C in line with the Paris Agreement.
· With the aim to inform the climate negotiations among UN Member States, the EGR is launched every year ahead of the UN Climate Change Conference of the Parties (COP).
Highlights of 2024 EGR:
· The report, titled “No More Hot Air… Please!”, underscores that if countries fail to collectively cut annual GHG emissions by 42 percent by 2030 and by 57 percent by 2035, the Paris Agreement’s 1.5°C global temperature target will become unattainable within a few years.
· GHG emissions increased by 1.3 percent in 2023 relative to 2022, with the power sector being the largest contributor, followed by transport, agriculture, and industry.
· Among major economies, India in FY23 recorded the steepest increase in GHG emission, climbing 6.1 percent, with China trailing closebehind at 5.2 percent.
· In contrast, GHG emission decreased in both the European Union (EU) and the United States (US) by 7.5 percent and 1.4 percent, respectively.
· Despite India’s rise, its 2023 GHG emission remains relatively low at 4,140 million metric tons of carbon dioxide equivalent (MtCO₂e) against China’s 16,000 and the US’s 5,970.
· The EU’s emission was slightly lower than India’s, at 3,230 MtCO₂e.
· India is the third largest emitter globally, behind China and the United States.
UPSC Quiz 2024 :Daily Current Affairs Quiz 28th October 2024
UPSC Quiz 2024 :Daily Current Affairs Quiz 28th October 2024
