Environment Current Affairs

Maharashtra Government to raise $270 m from Green Climate Fund

The 2030 Water Resources Group (2030WRG) has decided to help the Maharashtra Government to raise $270 million from the Green Climate Fund (GCF).

The amount raised will be invested in state government’s integrated watershed programmes such as Jalyukt Shivar Yojana which has successfully augmented the ground water in drought affected areas of the state.

Moreover, the raised fund will be also used to further connect efficient use of water at the village level, where the fund will be useful for technology and infrastructure development. It will also be used in crop diversification and adding market linkages.

Maharashtra Water Resources Multi-Stakeholder Platform (MWRMP)

2030WRG along with the Maharashtra Government have launched the MWRMP to address critical water resources challenges in the State. The platform will be chaired by the Chief Secretary of Maharashtra.

The platform aims to accelerate water use efficiency programme in irrigated areas, along with agriculture growth and income enhancement. It will also develop public-private-community partnership models for implementation of the programmes. It will develop viable financing solutions, including blended finance models for promoting efficient use of water. 

2030WRG

The 2030WRG is hosted by the International Finance Corporation (IFC), a member of the World Bank Group. It is a public-private-civil society collaboration for water resources reform in developing economies. Its ultimate aim is to close the gap between water demand and supply by the year 2030. It facilitates open, trust-based dialogue processes to drive action on water resources reform in water stressed countries in developing economies.

Green Climate Fund (GCF)

The GCF is a fund under the UN. It is guided by the principles and provisions of the UN Framework Convention on Climate Change. It aims to help developing countries to finance clean energy projects other mitigation efforts and adaptation to climate change.

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Israel launches first environmental research satellite Venus

Israel has launched its first environmental research satellite named as Venus (Vegetation and Environment Monitoring New Micro-Satellite). It is a joint venture between the Israel Space Agency (ISA) and its French counterpart CNES.

It was launched on board of Arianespace Vega launcher from the European spaceport in Kourou, French Guiana.

Key facts

The Venus satellite is an earth-observation micro-satellite. It is considered the smallest satellite of its kind in the world. It weighs only 265 kilogram. It will be placed in sun-synchronized orbit at an altitude of 720 kilometers.

It will circle the earth 29 times in each 48-hour period and will stay in commission for 4.5 years. The mini-satellite is equipped with a special camera that can visualize details on Earth that are not visible to the naked eye.

Venus Satellite has a dual mission-scientific and technological. The scientific mission will monitor Earth’s vegetation using a camera capable of recording 12 narrow spectral bands. The technological mission will test the operation of an innovative electric propulsion system based on the Israeli-designed Hall Effect Thrusters (HET). HET is a relatively low power device used to propel a spacecraft after entering orbit or farther out into space.

Applications: Venus satellite will be used to survey and monitor large areas to study soil, vegetation, forests, agriculture, water and air quality and other aspects of the environment. It will help to obtain high-resolution photographs of specific sites to track environmental issues such as erosion, desertification, pollution, natural disasters, and other phenomena linked to climate change.

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