Environment protection Current Affairs - 2020

European Project linking Black sea, North Sea and Baltic Sea criticized by Environmental Organization

The Danube-Oder-Elbe canal intends to connect the three rivers Danube, Oder and Elbe. This is to provide an alternate route of navigation from Black sea to Baltic and North seas. However, several concerns are being raised by the environmental organizations against the construction of the canal.

Highlights

According to the activists, the project violates European Union Environmental conservative directives. the major project is to cost at least 23 billion Euros. The activists want the project to be excluded from EU funding. They also do not want the project to be included in the Trans-European Transport Network.

What are the concerns?

In order to complete the project, several hundred artificial waterways have to be built. As the canal is being construct for ship navigation, more than 70 locks have to be built that will accelerate flood waves. The riverbeds need to be deepened for the ships to navigate. This will increase risks of flooding. The canal will also destruct habitat of several plants and animals. It will make endangered animal and plant species to go extinct.

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Carbon Disclosure Project: India ranks 5th

On January 21, 2020, the Carbon Disclosure Project, an annual report on carbon reduction activities of different countries and their firms was released by a non-profit organization Global Reporting Initiative. According to the report, the countries were ranked based on their corporate responsibilities of carbon reduction. In order to assess the role played by them, their science-based targets were weighed.

Highlights

According to the report, 58 Indian companies disclosed their environment related activities to the organization. Based on their disclosure, the report concludes that 98% of the top Indian companies have now formed committees to address climate related issues. The change has been witnessed between 2018 and 2019.

United States topped the list with 135 companies being transparent in their disclosure. Followed by US, Japan ranked second with 83 companies. On the third, fourth and fifth ranks were UK (78), France (51) and India (38) respectively.

The report said that, over 6,900 companies have so far disclosed their data through Carbon Disclosure Project. This contributes to 55% of world capitalization.

Global Reporting Initiative

The Global Reporting initiative helps businesses, organizations and governments to understand the impacts of climate change, corruption and human rights.

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