Poland Current Affairs - 2019

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International Holocaust Remembrance Day: January 27

The International Holocaust Remembrance Day is celebrated every year on January 27. January 27 marks the anniversary of the Allied liberation of the Auschwitz death camp in Nazi-occupied Poland, where an estimated 1.1 million people died, including 1 million Jews.

The day is part of the efforts to educate about the dark phase of humanity and to deny any efforts to reject Holocaust denial. The UN resolution which designated January 27 as the International Day of Commemoration in Memory of the Victims of the Holocaust calls for education programs on the Holocaust to help prevent genocide and rejected denials that the Holocaust occurred.

Symbol of the Holocaust and the United Nations Outreach Programme

 

The International Holocaust Remembrance Day is celebrated every year since 2006. Jewish groups, particularly in Israel observe Yom HaShoah, which is a day of mourning for Holocaust victims on the 27th day of the Hebrew month of Nisan, which falls in April or May of the Gregorian calendar.

Month: Categories: InternationalUPSC

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World Bank unveils US $200 billion in climate action investment for 2021-25

World Bank has unveiled US $200 billion in climate action investment for 2021 to 2025 to fight  impact of climate change. The move coincides with Conference of Parties-24 (COP24) United Nations Climate Summit in Katowice, Poland.

The breakdown of US $200 billion will comprise approximately 100 billion in direct finance from World Bank. Around one-third of remaining funding will come from two World Bank Group agencies and rest will be private capital mobilised by the World Bank Group.

Comment

This US $200 billion in climate action investment, amounts to World Bank’s doubling of its current five-year funding. It also represents significantly ramped up ambition of World Bank to tackle climate change and sends an important signal to the wider global community to do the same. This amounts is also double of World Bank’s earlier commitment for ts current five-year funding.

World Bank

It is international financial institution that provides loans to countries of the world for capital projects. Its official goal is reduction of poverty by providing loans to developing countries for capital programmes. It is one of five institutions created at Breton Woods Conference in 1944. It is headquarter is situated at Washington DC, US.

World Bank comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). It is component of World Bank Group, which also includes three more subsidiary organisations viz. International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID). World Bank is part of United Nations system, but its governance structure is different.

Month: Categories: Environment

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