A historic global climate deal has been signed in Kigali, Rwanda at the 28th Meeting of the Parties (MoP 28) to the Montreal Protocol on Substances that Deplete the Ozone Layer. This agreement which amend the Montreal Protocol, aims to phase out Hydrofluorocarbons (HFCs) by the late 2040s. Under Kigali Amendment, 197 countries including India have agreed to reduce the use of HFCs by roughly 85% of their baselines by 2045.
More than 190 countries, after a weeklong meeting in the picturesque capital of Rwanda, decided to phase out the use of HFCs over the next 30 years. These nations mutually agreed on a time-table to stop use of gases whose elimination could reduce global warming by 0.5°C by 2100.
The HFC agreement establishes timetables for all developed and developing countries to freeze and then reduce their production and use of HFCs, chemicals used in air conditioning, refrigeration, insulating foams, and other applications. This agreement is being seen as a potentially major step in curbing global warming.
Main Provisions
The Kigali Amendment to the Montreal Protocol is legally binding and will come into force from January 1, 2019.
This amendment seek to amend the 1987 Montreal Protocol on substance that deplete ozone layer. The Montreal Protocol sets binding progressive phase out obligations for developed and developing countries for all the major ozone depleting substances, including CFCs, halons and less damaging transitional chemicals such as HCFCs. With this amendment in place, now HFCs which are responsible for global warming will also become part of the protocol.
It also has provisions for penalties for non-compliance. Under the agreement developed countries will provide enhanced funding support estimated at billions of dollars globally. However the exact amount of additional funding support from developed countries will be taken-up for discussion in the next meeting of parties in 2017.
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Denne historien er fra January 2017-utgaven av Competition in Focus.
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Demonetisation
A Fight against Black Money...
Kigali Agreement
A historic global climate deal has been signed in Kigali, Rwanda at the 28th Meeting of the Parties (MoP 28) to the Montreal Protocol on Substances that Deplete the Ozone Layer. This agreement which amend the Montreal Protocol, aims to phase out Hydrofluorocarbons (HFCs) by the late 2040s. Under Kigali Amendment, 197 countries including India have agreed to reduce the use of HFCs by roughly 85% of their baselines by 2045.
World Economic Forum Davos 2018
Creating a Shared Future in a Fractured World.
India-Israel Relations Revolution Of Bilateral Partnership
Two Nations One Goal Friendshipvia.
Ganga Gram Project
Har Sapna Sach Karega India, Banega Swachh India.
New Dimension In India-Japan Relationship
Indian Prime Minister Narendra Modi’s recent two-day (November 11-12, 2016) visit to Japan is a sign that the bilateral relationship between India and Japan is heading for newer heights. More importantly, there seems to be a palpable method to this resurgent Asian connection that does not just attempt to restore the balance of power in Asia.
World Inequality Report 2018
Comprehensive Data of Income Inequality in the World.
World Economic League Table 2018
World Economic League Table 2018
Big Bubble Theory
New Theory of the Universe Formation.
Hydroponics
Future of Soil-less Farming.