Know all about Carbon Neutrality

By Sudheer Kumar K|Updated : July 25th, 2021

The Non-Profit Energy and Climate Intelligence Unit -ECIU has reported that recently 32 countries have targeted to achieve carbon-neutral status in or around mid-century, Read Further for Details.

General studies Paper: III(Environment and Ecology)

Know all about Carbon Neutrality

Context

  • The Non-Profit Energy and Climate Intelligence Unit (ECIU) recently reported that 32 countries have targeted to achieve carbon-neutral status in or around mid-century.

Major points:

  • Recently, 32 countries committed to being carbon-neutral by the middle of the century. However, analysts warned that while the number of governments and corporations committed to reaching carbon neutrality (zero net carbon emissions) is growing by 2050, the world is still a long way from meeting that objective.
  • However, UN Secretary-General Antonio Guterres urged for ambitious climate action to advocate efforts towards a clean and green future.

What is Carbon Neutrality? 

  • Carbon neutrality, also known as net-zero carbon emissions, refers to the idea that the more carbon dioxide released, the more carbon dioxide is removed from the atmosphere.
  • To attain this aim, every major economic sector must be environmentally friendly.
  • Various nations must boost their economies by replacing polluting coal and gas with renewable energy sources such as wind or solar power plants.

Current status of carbon neutrality? 

  • Despite the industrialised nations' promises of carbon neutrality, it has not been possible to cut carbon emissions on a worldwide basis.
  • The United States and the European Union have not given land use and land-use change, as well as forest-related emissions, considerable consideration, despite the EU's goal of being a zero-carbon emitter by 2050. A law has been enacted. The agreement is legally obligatory on all European Union members. This climate law will serve as the framework for Europe's ambitions to decrease greenhouse gas emissions across the board.
  • According to the World Economic Forum, China is the leading emitter of carbon dioxide, followed by the United States and India.

What is India's Commitment?

  • World Summit on Sustainable Development in 2021 After the ceremony, India stated that the aims of sustainable development can only be realised by collective efforts, and that India is prepared to play a part in achieving these goals.
  • India formally ratified the Paris Agreement in April 2016. By 2030, India wants to cut emissions by 33–35 percent compared to 2005 levels.
  • In addition, India intends to eliminate carbon equal to 2.5-3 billion tonnes of CO2 by 2030 by planting more trees. India is making rapid progress toward its objectives.

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Sudheer Kumar KSudheer Kumar KMember since Sep 2020
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