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The RBI has released a report on Currency and Finance (RCF) for the year 2022-23. The report’s theme is “Towards a Greener Cleaner India”. The Report covers four major dimensions of climate change to assess future challenges to sustainable high growth in India, namely, the unprecedented scale and pace of climate change; its macroeconomic effects; implications for financial stability; and policy options to mitigate climate risks. The highlights of the report include India’s estimated green financing requirement of at least 2.5% of GDP annually till 2030. Further, India has embarked on a targeted and time-bound climate action plan to reduce carbon emissions and currently ranks the best amongst G-20 countries as per the Climate Change Performance Index, 2023. Also, India’s goal of achieving the net zero target by 2070 would require an accelerated reduction in the energy intensity of GDP by around 5 % annually and a significant improvement in its energy-mix in favour of renewables to around 80% by 2070-71.
Which state received the 'Best State' award at the 5th National Water Awards?
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Which public sector has launched a 'Pay As You Drive' vehicle insurance policy ?
Who is the author of the book "Sculpted Stones: Mysteries of Mamallapuram"?
Which country has recently won the Men's Hockey Asia cup 2022?
India has joined the steering committee of which global network, coordinated by which Union Ministry?
Micro Finance Institutions Network (MFIN) has released a data regarding loans disbursed by non-banking companies acting as Micro Finance Institutions (N...
Which country unveiled the world's largest gold bar weighing 300.12 kg?
As per RBI data, what was the banking system's liquidity deficit as of Q3FY25?
Sub-Lieutenant Anamika B. Rajeev recently became the Indian Navy’s first woman helicopter pilot. During which event was this milestone celebrated?