Environment & Ecology
Context: Corporate climate efforts fall short; 24 major companies will be able to reduce only 36% emissions. Only five of 24 companies hit the 90% emission reduction projection by their respective target years.
About the Corporate Climate Responsibility Monitor 2023:
- Published by Germany-based think-tank New Climate Institute (NCI),
- Objective: To assess the climate strategies of these industry-leading companies, critically analyzing the extent to which they are meeting their climate goals.
- Findings: The combined Net Zero pledges of 24 major global companies will reduce their total greenhouse-gas emissions by 36 per cent by their respective target years, typically 2040 or 2050, compared with the reduction of at least 90 per cent that is needed.
- Climate pledges for 2030 fall well short of the economy-wide emission reductions required to stay below the 1.5°C temperature limit.
Source:DTE
Previous Year Questions
Q.1) Consider the following statements:
- The Climate Group is an international non-profit organisation that drives climate action by building large networks and runs them.
- The International Energy Agency in partnership with the Climate Group launched a global initiative “EP100”.
- EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals.
- Some Indian companies are members of EP100.
- The International Energy Agency is the Secretariat to the “Under2 Coalition”.
Which of the statements given above are correct? (2022)
- 1,2, 4 and 5
- 1,3 and 4 only
- 2,3 and 5 only
- 1,2, 3, 4 and 5
Q.2) Statement 1: The United Nations Capital Development Fund (UNCDF) and the Arbor Day Foundation have recently recognized Hyderabad as 2020 Tree City of the World
Statement 2: Hyderabad was selected for recognition for a year following its commitment to grow and maintain the Urban forests.
Which one of the following is correct in respect of the above statements? (2021)
- Both Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation for Statement 1
- Both Statement 1 and Statement 2 are correct but Statement 2 is not the correct explanation for Statement 1.
- Statement 1 is correct but Statement 2 is not correct.
- Statement 1 is not correct but Statement 2 is correct.