Clearing corporations

   Source: IE   Context: The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator and supervisor, has derecognised six Indian central counterparties (CCPs) from April 30, 2023.   What are Clearing corporations (CC)? CC is an organization associated with an exchange to handle the confirmation, settlement, and delivery of transactions in …

Maoist challenge: Needs political understanding, not securitisation

GS Paper 3 Syllabus: Linkages between Development and Spread of Extremism   Source: IE   Context: The efficacy of the Maoist movement needs to be gauged in terms of their declining social base, not on the basis of how many violent incidents occur. What led to the failure of the above approaches: Declining Maoist presence/violence …

Roadmap to energy justice

GS Paper 3 Syllabus: Energy, Environment, Conservation   Source: IE   Context: India’s energy strategy is presently recognised as being pragmatic and balanced since it is motivated by assuring energy access, availability, and affordability for its vast population.   What is energy justice? Energy justice envisions elements of a global energy system that fairly distributes …

A plateau? Global CO2 emissions rose less than initially feared in 2022, says IEA

GS Paper 3  Syllabus: Environment, Conservation, Pollution   Source: DTE   Context: According to the IEA’s ‘CO2 Emissions in 2022’ report, global energy-related carbon dioxide (CO2) emissions rose by under 1% in 2022.   Background: The report is the first in a new series, the Global Energy Transitions Stocktake, which will bring together the IEA’s …

Our forests are under threat – here’s how they are certified

GS Paper 3  Syllabus: Environment, Conservation   Source: IE  Context: The certification industry offers a multi-layer audit system that seeks to authenticate the origin, legality, and sustainability of forest-based products such as timber, etc. Background: With climate change, deforestation has become a critically sensitive issue globally. Forests absorb large amounts of CO2, keeping a check …

ILO–UNICEF joint report on social protection for children

GS Paper 2 Syllabus: Welfare schemes for vulnerable sections of the population   Source: DTE, UNICEF  Context: Only 26.4 per cent(just 1 in 4 children) of children aged 0-15 years are shielded by social protection, leaving the remaining 73.6 per cent exposed to poverty, exclusion and multidimensional deprivations, noted a new United Nations (UN) report …

Clean-tech as the next big thing in rural India

GS Paper 2/3 Syllabus: S&T/Government Programmes/Role of Women and Women’s Organization   Source: TH  Context: Women from rural India are adopting clean energy-based livelihood technologies (from solar refrigerators to silk-reeling machines) to catalyse their businesses and transform women’s livelihoods at the grassroots.   Highlights of a study (by CEEW): Out of the 13,000 early adopters …