Climate Change
CoP-24
Happening to provide structure to Paris Agreement. 4 things are being discussed
1) Accounting measures regarding the flow of finance to developing countries
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2) Institutional structure for technology
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3) Monitoring Review and Verification- source of contention
countries have gathered to agree upon a rule book for implementation of the paris agreement
4) Climate Finance
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financing issues
india has raised issues about accounting procedure followed in financing process
issue of contention is weather the money announced or eventually allocated to beneficeiry states has to be accounted for
another issue is major focus is on mitigation and adoptation is ignored
$100 billion every year to be mobalized by developed nations from 2020 onwards
transparency in climate finance
double counting, inflating claims, ignoring adaptations measures-are the concerns of developing countires
there have been contradicting reports about the amount of money mobalized for climate finance by deveoped countries.
moreover, the $100 billion figure is too being debated as being inadequate in fighting climate change
IPCC
6th assessment report of the IPCC propagates the need to strengthen our response to climate change
Farming in a warming world
India, is one of the most vulnerable countries. Its agriculture ecosystem, distinguished by high monsoon dependence, is highly sensitive to weather abnormalities.
A need to foster the process of climate adaptation in agriculture. .
Mainstreaming adaptation into the policy apparatus has the potential to improve the resilience of several development outcomes.
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Rules regulating new market mechanism for trading emissions