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Global Stocktake
The Global Stocktake (GST), a core component of the Paris Agreement, enables countries to assess progress towards limiting global warming to 1.5°C. By evaluating greenhouse gas mitigation, climate adaptation, and support mobilization, the GST helps nations adjust their Nationally Determined Contributions (NDCs) and set more ambitious climate goals, ensuring collective global action.
Visit https://www.ceew.in/cef/quick-....reads/explains/globa
SIGHT - component I & II
India's climate goals include achieving net-zero by 2070 and reducing emissions intensity by 45% by 2030. Green hydrogen is central to these objectives, with the National Green Hydrogen Mission launched in 2023 to position India as a global leader. The mission aims for 5 million metric tonnes of green hydrogen production by 2030, backed by a budget of INR 19,744 crore.
Visit https://www.ceew.in/cef/quick-reads/explains/sight
Thematic Bonds
The global net-zero transition requires multi-trillion-dollar investments annually, with the SDG financing gap growing from USD 2.5 trillion in 2015 to USD 4 trillion in 2023. Thematic bonds emerge as a vital tool to address this gap, especially in the Global South, aiding industrialization and sustainable development despite limited green finance access.
Visit https://www.ceew.in/cef/quick-....reads/explains/thema
