🛑Sustainable stock exchanges SSE

●SSE initiative is a UN Partnership Programme

●Organised by :
-UNCTAD,
-UN Global Compact,
-UNEP FI (United Nations Environment – Finance Initiative )
-PRI (Principles for Responsible Investment)

●Aim : global platform for exploring how exchanges can
1) enhance performance on ESG (environmental, social and corporate governance) issues
2) encourage sustainable investment
3)financing of UN Sustainable Development Goals

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Erythritol

● It is a popular artificial sweetener.

● Recent studies show it is associated with an increased risk of heart attack and strokes.

● It is a type of Sugar alcohol commonly used as Sugar substitute in foods.

● It has no calories and does not raise blood sugar levels.

● It has low Glycemic index ( value used to measure how much specific foods increase blood sugar levels).

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IUCN Green List

●It is a global campaign for successful nature conservation.

●Focus on Green List Sustainability Standard as a global benchmark to meet environmental challenges of 21st century.

●IUCN Green List offers locally relevant expert guidance to help achieve fair and effective conservation results in protected areas.

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🔥Giving to Amplify Earth Action (GAEA)

● The World Economic Forum, in partnership with over 45 organisations, has launched the Giving to Amplify Earth Action (GAEA) initiative.

● The goal of GAEA is to fund and grow new and existing public, private, and philanthropic partnerships (PPPPs).

● This partnerships will unlock the $3 trillion of financing needed each year to reach net zero, reverse nature loss, and restore biodiversity by 2050.

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🔥Crypto Awareness Campaign

● Launched by The Investor Education and Protection Fund (IEPF).

● An outreach program to create awareness of cryptocurrencies and online gaming.

● Need-Thoroughly educate potential investors about risks involved in crypto currencies.

About IEPF ( Investor Education and Protection Fund)

● Managed by authority set up in 2016 under section 125 of the Companies Act , 2013.

● It comes under the aegis of the Ministry of Corporate Affairs.

🔥Early Harvest Scheme (EHS)

● It serves as a preliminary step towards establishing a Free Trade Agreement (FTA) between two trading partners.

● The purpose of this scheme is to facilitate the identification of specific products for tariff liberalisation before concluding the FTA negotiations.

● EHS is primarily implemented as a confidence-building measure to promote trust between the trading countries.

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Types of Currency

● Hot currency refers to a hard currency that is rapidly leaving an economy due to various reasons. It is a term used in the forex market.

● Soft currency is a currency that is easily available in a forex market. In the Indian forex market, rupee is an example of a soft currency. It is the opposite of hard currency.

● Hard currency is a reliable and stable store of value that is needed by every economy. It is the international currency in which the highest faith is shown.

● The strongest currency of the world has a high level of liquidity and is associated with a politically and economically stable nation.

● Heated currency is a domestic currency that is under pressure of depreciation due to the rapid exit of hard currency from an economy. It is a term used in the forex market.

● Cheap currency is a term coined by economist J. M. Keynes in the 1930s. When a government buys back its bonds before their maturity at full-maturity prices, the money that flows into the economy is called cheap currency or cheap money.

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🔥E-AMRIT PORTAL

● E-Amrit’, a web portal on electric vehicles (EVs) was launched by India at the COP26 Summit in Glasgow, UK.

● It is a one-stop destination for all information on electric vehicles—busting myths around the adoption of EVs and complementing initiatives of the government on raising awareness on EVs

● The portal has been developed and hosted by NITI Aayog under a collaborative knowledge exchange program with the UK government and as part of the UK–India Joint Roadmap 2030

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Mission Sahbhagita

● It was launched by the Ministry of Environment, Forest and Climate Change in 2022.

● The mission aims to healthy and effectively manage the network of 75 wetlands of national and international significance.

● It is a platform for sharing wetland management experiences, best practices, success stories and associated challenges.

@envshots