CLIMATE CHANGE AND SUSTAINABLE DEVELOPMENT GOALS (SDGS)
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What is the primary objective of the Paris Agreement adopted in 2015?
The Paris Agreement aims to limit global average temperature rise to well below 2°C above pre-industrial levels, with efforts to restrict it to 1.5°C, by reducing greenhouse gas emissions.
What is the full form of SDG in the context of United Nations development agenda?
Sustainable Development Goals adopted by UN in 2015.
How many Sustainable Development Goals (SDGs) were adopted by the United Nations in 2015?
The United Nations adopted 17 Sustainable Development Goals (SDGs) as part of the 2030 Agenda for Sustainable Development, covering economic, social, and environmental dimensions.
By what year does SDG Goal 13 require countries to take urgent action on climate change?
SDG 13 calls for immediate climate action without a fixed deadline.
What does the term 'green finance' refer to in the context of sustainable development?
Green finance refers to financial investments and instruments that support environmentally sustainable projects and initiatives, including renewable energy, energy efficiency, and climate adaptation measures.
What is the target global temperature rise limit set under the Paris Agreement?
Well below 2°C, preferably 1.5°C above pre-industrial levels.
Which RBI initiative promotes sustainable lending practices among Indian banks?
The RBI has issued guidelines on Environmental and Social Risk Management (ESRM) frameworks, encouraging banks to integrate climate and environmental risks into their credit appraisal and risk management processes.
What is 'greenwashing' in the context of sustainable finance?
Misleading claims about environmental benefits of financial products or activities.
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