World Bank must aid countries to manage shift away from coal

Posted on:24 Oct 2016 18:25:04

World Bank must aid countries to manage shift away from coal
24 October 2016 Current Affairs GK: The global development lenders like the World Bank and Asian Development Bank (ABD) must provide help countries including India to shift away from coal for energy purpose.

 It was proposed by the World Coal Association to finance countries to help them to shift from their to more efficient technologies so that they can meet their COP21 commitments.

Coal is backbone of countries energy mix to meet their energy demands. Even if countries push towards renewable energy they are not going to do away with coal in overall energy mix. 

In absence of any funding countries invest in inefficient sub-critical thermal plants, which have much higher CO2 and particulate matter (PM) emissions. Thus, leading to higher emissions.

 The aid global development lenders will facilitate countries to adopt Super critical and ultra-super critical (USC) plants technologies.

Benefits of aid from global development lenders :  Super critical and ultra-super critical (USC) plants technologies have capability to substantially reduce CO2 emissions and virtually eliminate PM emissions.

 It will help countries in reducing their emissions from coal, rather than reducing coal itself and meet target provided in Intended Nationally Determined Contributions (INDCs). Thus some target of Paris agreement on Climate Change about reducing the emissions from coal power plants will be achieved.

Gk Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.