Goaltide Daily Current Affairs 2022

Nov 14, 2022

Current Affair 1:
Wuhan Declaration



During the High-Level Ministerial Segment of the 14th Conference of the Parties (COP14) on 6 November 2022, ministers and ambassadors of Contracting Parties adopted the Wuhan Declaration – a statement of political will reaffirming the principles of the Convention on Wetlands to conserve, restore and ensure wise use of wetlands.

Adopted on the opening of the UNFCCC COP27, the Declaration includes key themes presented in resolutions that will be negotiated during COP:

  1. Wetland actions for climate mitigation, adaptation and disaster risk reduction
  2. Integrating wetland actions into national policy
  3. Championing multi-stakeholder participation as critical to implementing the Convention
  4. Mobilize resources from all sources to strengthen the implementation of the Convention on Wetlands’ Strategic Plan;

Current Affair 2:
Global Shield Financing Facility



The World Bank Group has announced a Global Shield Financing Facility to help developing countries access more financing for recovery from natural disasters and climate shocks.

This facility will support the Global Shield Against Climate Risks, a joint initiative launched today at COP27 by the G7 and V20 to better protect poor and vulnerable people from disasters by pre-arranging more financing before disasters strike.

The Global Shield Financing Facility will channel grants to developing countries through World Bank projects or through projects prepared by other participating partners, including UN agencies and multilateral development banks.

The Global Shield Financing Facility will finance integrated financial protection packages that offer coordinated and consolidated financial support to those vulnerable to climate shocks and disasters.

Current Affair 3:
Codex Alimentarius Commission


The 45th session of the Codex Alimentarius Commission will be held at FAO headquarters in Rome, Italy starting from 21 November.


The Codex Alimentarius is a collection of internationally adopted food standards and related texts presented in a uniform manner. These food standards and related texts aim at protecting consumers’ health and ensuring fair practices in the food trade

Consumers can trust the safety and quality of the food products they buy and importers can trust that the food they ordered will be in accordance with their specifications.


Currently the Codex Alimentarius Commission has 189 Codex Members made up of 188 Member Countries and 1 Member Organization (The European Union).

India is a member.

Current Affair 4:
India Submits its Long-Term Low Emission Development Strategy(LT LEDS) to UNFCCC


India submitted its Long-Term Low Emission Development Strategy to the United Nations Framework Convention on Climate Change (UNFCCC), during the 27th Conference of Parties (COP27) today.

The salient features of the strategy are –

  1. The focus will be on the rational utilization of national resources with due regard to energy security. The transitions from fossil fuels will be undertaken in a just, smooth, sustainable and all-inclusive manner.
  2. The rapid expansion of green hydrogen production, increasing electrolyser manufacturing capacity in the country, and three-fold increase in nuclear capacity by 2032 are some of the other milestones that are envisaged alongside overall development of the power sector.
  3. Increased use of biofuels, especially ethanol blending in petrol, the drive to increase electric vehicle penetration, and the increased use of green hydrogen fuel are expected to drive the low carbon development of the transport sector.
  4. The focus will be on improving energy efficiency by the Perform, Achieve and Trade (PAT) scheme, National Hydrogen Mission, high level of electrification in all relevant processes and activities, enhancing material efficiency and recycling leading to expansion of circular economy, and exploring options for hard-to-abate sectors, such as steel, cement, aluminum and others.
  5. India has a strong record of enhancing forest and tree cover in the last three decades alongside high economic growth. India’s forest fire incidence is well below global levels, while its forest and tree cover are a net sink absorbing 15% of CO2 emissions in 2016.

Where is written to submit?

The Paris Agreement in Article 4, paragraph 19, states, “All Parties should strive to formulate and communicate long-term low greenhouse gas emission development strategies, mindful of Article 2 taking into account their common but differentiated responsibilities and respective capabilities, in the light of different national circumstances.”

Further, COP 26 at Glasgow in November 2021, in Decision 1/CP.26, inter alia, (i) urged Parties that have not yet done so to communicate their LT-LEDS by COP 27 (November 2022).

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