Daily Current Affairs : 28-December-2023
The Breakthrough Agenda Report 2023, a collaborative effort by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), and the United Nations Climate Change High-Level Champions, is a vital annual assessment focusing on strengthening international cooperation to hasten the reduction of global greenhouse gas emissions.
Key Focus Areas:
The report meticulously evaluates progress made since 2022 in priority areas that demand global collaboration. The emphasis is on identifying sectors where concerted efforts can be directed to reduce emissions over the next decade and counteract the severe impacts of climate change.
Progress in Clean Energy Transition:
- The report acknowledges the accelerating transition to clean energy and sustainable solutions.
- Remarkable strides are observed in technologies such as electric vehicles and solar PV.
- Electric passenger cars are anticipated to constitute 18% of total car sales in 2023.
- Clean energy technology investments are surpassing expenditures on fossil fuels, signaling a positive trend in the shift towards sustainable alternatives.
Challenges in Transition:
- Despite overall progress, certain high-emission sectors face challenges in rapid decarbonization.
- Sectors like steel, hydrogen, and agriculture are not transitioning swiftly enough.
- Progress is noted in specific aspects, but a comprehensive shift in these sectors is crucial for achieving global emission reduction goals.
Recommendations for Collaborative Action:
- The report offers practical recommendations for countries to collaborate in the identified priority sectors.
- Collaborative efforts are essential to address challenges in high-emission sectors and expedite the transition to sustainable practices.
Important Points:
- Key Focus Areas:
- Assessment of progress since 2022 in priority collaboration areas.
- Identification of sectors for concerted efforts to reduce emissions over the next decade.
- Progress in Clean Energy Transition:
- Acknowledgment of the accelerating shift to clean energy and sustainable solutions.
- Notable advancements in electric vehicles and solar PV technologies.
- Anticipation of electric passenger cars comprising 18% of total sales in 2023.
- Clean energy technology investments surpassing fossil fuel spending.
- Challenges in Transition:
- Despite progress, challenges persist in high-emission sectors.
- Sectors like steel, hydrogen, and agriculture face difficulties in rapid decarbonization.
- Noted progress in specific aspects, emphasizing the need for comprehensive sector-wide shifts.
- Recommendations for Collaborative Action:
- Practical recommendations provided for countries to collaborate in priority sectors.
- Emphasis on collaborative efforts to address challenges in high-emission sectors and expedite sustainable practices.
Why In news
The Breakthrough Agenda Report 2023, an annual collaboration between the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), and the United Nations Climate Change High-Level Champions, serves as a pivotal platform for global leaders to strategize and advance sustainable initiatives in the realms of energy, renewable resources, and climate change mitigation.
MCQs about Insights from Breakthrough Agenda Report 2023
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What is the primary focus of the Breakthrough Agenda Report 2023?
A. Evaluating individual country emissions
B. Strengthening international cooperation for emission reduction
C. Promoting fossil fuel investments
D. Assessing renewable energy adoption
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According to the report, which sector is expected to represent 18% of total car sales in 2023?
A. Traditional gasoline cars
B. Electric passenger cars
C. Hybrid vehicles
D. Hydrogen-powered cars
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What challenges are highlighted in the essay regarding certain sectors despite progress in some aspects?
A. Rapid decarbonization in steel, hydrogen, and agriculture
B. Decline in clean energy investments
C. Global collaboration inefficiencies
D. Overemphasis on fossil fuel technologies
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What is the significance of clean energy technology investments surpassing spending on fossil fuels?
A. Indication of declining interest in clean energy
B. Confirmation of sustained reliance on fossil fuels
C. Positive trend towards sustainable alternatives
D. Evidence of ineffective international collaboration
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