Development Current Affairs - 2020
The World Sustainable Summit is an annual event organized by The Energy and Resources Institute (TERI). It is being organized since 2001. The event has become a premier international event focusing on developing actions.
The event is to be held between January 29, 2020 and January 31, 2020. This year, the event is being held at New Delhi. The theme of the event is
Theme: ‘Towards 2030: Making the Decade Count’
The Summit brings together Nobel Laureates, decision-makers and political leaders from multilateral institutions. After signing the Paris Agreement in 2015, the summit aims to provide long term solutions to issues related to future of humanity.
About the 2020 Summit
The Summit includes Sustainable Action Dialogues, Regional dialogues, corporate conclaves, IFAT Delhi 2020 (Exhibition of Clean Technologies), Youth Volunteer Programmes
The concept of Sustainable Development has its roots in sustainable forest management during 17th and 18th century. The Global Movement for Sustainable Development began in 2005. It launched the UN decade of Education for Sustainable Development. This was the turning point for the world to begins its journey towards sustainable development.
Tags: Clean Technology • Development • Paris Agreement • Sustainability • Sustainable Development
On January 17, 2020, NITI Aayog and Ladakh Union Territory signed a Memorandum of Understanding. According to the agreement, NITI Aayog will support the administration of the Ladakh through its initiative “Development Support Services to States for Infrastructure Projects” (DSSS)
NITI Aayog will identify high-impact projects. It will expedite project implementations, create unique models of development and will identify high-impact priority projects. A team of experts associated with NITI Aayog are to be stationed in Ladakh to identify and develop the territory. The team will predominantly focus on solar energy, tourism and basic infrastructure.
What are DSSS projects of NITI Aayog?
The main objective of DSSS projects is creating PPP (Public Private Partnership) projects. In 2018, phase I of the project was completed. In phase I, 10 projects were selected from 400 projects that were submitted by the states. In phase II, that was completed in the year 2018-19, the selected projects entered transaction stage. Preparation activities were carried out. The think tank also created techno-economic feasibility report.
The following were other steps taken
- The think tank organized investor consultations for the state governments
- Integrated post-harvest supply chain management and integrated community based micro-irrigation infrastructure were generated.
Tags: Development • Infrastructure • Investment • Ladakh • Niti Aayog