DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 26th November 2024
Archives (PRELIMS & MAINS Focus) TREATY TO TACKLE PLASTIC POLLUTION Syllabus: Prelims & Mains – CURRENT EVENT Context: More than 170 countries are converging in Busan, Republic of Korea, to negotiate a new legally binding global treaty to end plastic pollution, including marine pollution. Background: – This is the fifth (and final) round of talks since 2022, when the UN Environmental Assembly (UNEA) agreed to develop such a by the end of 2024. Why is a global plastic treaty required? The annual global production of plastic doubled from 234 million tonnes (mt) in 2000 to 460 mt in 2019. Nearly half of this was produced in Asia, followed by North America (19%) and Europe (15%). Plastic production is expected to touch 700 mt by 2040, according to a report by the Organisation for Economic Co-operation and Development (OECD). Plastic takes anywhere from 20 to 500 years to decompose, and less than 10% has been recycled till now, according to a 2023 study published by The Lancet. Much of the plastic waste leaks into the environment, where it breaks down into smaller particles (microplastic or nanoplastic). Studies have found that exposure to chemicals in plastic can cause endocrine disruption and a range of diseases including cancer, diabetes, reproductive disorders, and neurodevelopmental impairment. Plastic also harms species inhabiting marine, freshwater, and land ecosystems. Plastic contributes to climate change also. In 2020, it generated 3.6% of global greenhouse gas (GHG) emissions, with 90% of those emissions coming from plastic production, which uses fossil fuels as raw material. The remaining 10% of emissions were released during plastic waste management and treatment. India accounts for 20% of the world’s global plastic pollution with release of 9.3 mt, which is significantly more than the countries next in the list — Nigeria (3.5 mt), Indonesia (3.4 mt) and China (2.8 mt), the study said. What is on the negotiating table? Negotiations pertain to formulating a global set of rules that will address plastic pollution through its life cycle, from fossil-fuel based production, and the challenges of managing plastic disposal and waste. The final rules may also ban particular types of plastic, products and chemical additives used in plastics, and set legally binding targets for recycling and recycled content used in consumer goods. There will be talks on ‘just transition’ for workers and communities whose livelihoods would be affected by the elimination of certain items and a move away from plastic production. However, countries have been unable to converge on agenda items. Saudi Arabia, Iran, Russia, Kazakhstan, Egypt, Kuwait, Malaysia, and India have resistance to stricter mandates and have instead proposed downstream measures such as innovative waste management and sustainable plastic use. Countries have also not been able to agree on the subject of finance. What is India’s position? India has made it clear that it does not support any restrictions on the production of polymers. Any restrictions are beyond the mandate of the UNEA’s resolution adopted at Nairobi in 2022, according to India. The country has also sought the inclusion of financial and technical assistance, and technology transfer in the substantive provisions of any final treaty. On the exclusion of harmful chemicals used for plastic production, India has said that any decision should be based on scientific studies, and the regulation of such chemicals should be regulated domestically. India banned the use of single-use plastics covering 19 categories in 2022. However, the country has said that a decision on the issue of including certain plastic items for phase-out in the final treaty should be pragmatic and regulation should be nationally driven taking into account national circumstances. Source: Indian Express GLOBAL MATCHMAKING PLATFORM (GMP) Syllabus: Prelims – INTERNATIONAL Context: United Nations Industrial Development Organization (UNIDO) and the Climate Club launched the Global Matchmaking Platform (GMP). Background: – The initiative focused on accelerating decarbonisation in heavy-emitting industries was launched in the presence of partner countries, key donor and partner organisations. Key takeaways The Global Matchmaking Platform (GMP) is an initiative designed to accelerate the decarbonization of heavy-emitting industries in emerging and developing economies. Purpose and Objectives: Decarbonization: The primary goal of the GMP is to fast-track the decarbonization of industries that are major contributors to greenhouse gas emissions. Technical and Financial Solutions: The platform connects countries with technical and financial solutions to reduce emissions in energy and emissions-intensive industrial sectors. How It Works: Single-Point Gateway: The GMP acts as a single-point gateway for governments in emerging and developing economies to raise customized requests and identify globally leading technical and financial solutions. Matchmaking Process: The platform facilitates a matchmaking process where countries’ specific needs are matched with appropriate technical and financial support from partner organizations. Pilot Projects: Pilot project discussions are already underway in countries such as Argentina, Colombia, Chile, Egypt, Indonesia, Kenya, Morocco, and Cambodia. Support and Partnerships: Climate Club: The GMP is a support mechanism of the Climate Club, with the secretariat hosted by the United Nations Industrial Development Organization (UNIDO). Delivery Partners: Key delivery partners include Climate Investment Funds, the German Development Cooperation (GIZ), UNIDO, and the World Bank. Initial Funding: The platform received initial funding from the German Federal Ministry of Economic Cooperation and Climate Action (BMWK). Source: Down To Earth MICRO, SMALL, AND MEDIUM ENTERPRISES (MSMES) Syllabus: Prelims & Mains – ECONOMY Context: India’s micro, small, and medium enterprises (MSMEs) have added nearly 10 crore new jobs over the past 15 months, according to official data from the Udyam portal. Background: According to the figures, the number of registered MSMEs has now gone up to 5.49 crore from 2.33 crore in August last year while the number of jobs reported by these enterprises has shot up to 23.14 crore from 13.15 crore during this period. Definition and Classification Micro Enterprises: Investment in plant and machinery or equipment up to ₹1 crore and annual turnover not exceeding ₹5 crore. Small Enterprises: Investment in plant and machinery or equipment up to ₹10 crore and annual turnover not exceeding ₹50 crore. Medium Enterprises: Investment in plant and
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