International Affairs
Yahoo Inc. stops its services in China
Yahoo Inc. has announced that the company has stopped providing services in mainland China with effect from November due to the increasingly challenging business and legal environment in the country.
Yahoo has officially ended its 22-year presence in the Chinese market.
Services like Yahoo Weather, Yahoo Finance, and other websites run by Yahoo will not be accessible from within China.
Quick Facts: Jerry Yang and David Filo are the founders of Yahoo.
Economy
RBI commits to Support Greening India’s Financial System
RBI has published its ‘Statement of Commitment to Support Greening India’s Financial System- NGFS’ to contribute towards the global response for meeting the climate goals.
RBI also praised the coordination efforts of NGFS in defining, promoting, and contributing towards the development of best practices in climate finance.
NGFS is a network of 83 central banks and financial supervisors that aims to accelerate the scaling up of green finance.
Quick Facts: The Network for Greening the Financial System (NGFS) was established in 2017 at the Paris One Planet Summit.
Environment
Tamil Nadu sets up first ever Special Purpose Vehicle (SPV)
Tamil Nadu in a big leap towards climate action has set up the first-ever Special Purpose Vehicle (SPV) to manage natural conservation missions in the state.
The SPV is being dubbed as “Tamil Nadu Green Climate Company”.
The company will professionally manage three critical natural conservation missions namely Tamil Nadu Climate Change mission, Tamil Nadu Wetlands mission, and Tamil Nadu Green movement mission.
State Affairs
Delhi’s Air Quality deteriorates to ‘severe’ category
As per the Central Pollution Control Board’s Data, the air quality of Delhi has deteriorated to the ‘severe’ category after Diwali.
The AQI of Delhi was recorded as 444 on November 5, reaching a peak of 451 on the same day.
Air pollution of severe levels affects healthy people and also has serious impacts on people with existing diseases.
Quick Facts: National Air Quality Index was launched in 2014 with the tagline ‘One Number-One Colour-One Description’.
Science and Technology
China launches 3 new remote sensing satellites
China has successfully launched three new remote sensing satellites from the Xinchang Satellite Launch Centre.
The satellites belong to the Yaogan-35 family and were launched by a Long March-2D carrier rocket.
The Long March carrier rocket series has been developed by the China Aerospace Science and Technology Corporation (CASC).
Quick Facts: CASC was officially established in July 1999.
International Affairs
UK unveils commemorative coin celebrating Mahatma Gandhi
The United Kingdom’s government has unveiled a Euro 5 coin to commemorate the life and legacy of Mahatma Gandhi.
The special collector’s coin has been designed by Heena Glover.
The coin features an image of a lotus, India’s national flower alongside one of Gandhi’s most famous quotes- ‘My life is my message’.
Quick Facts: Chandigarh is the capital of Haryana.
Miscellaneous
UNEP calls for sustainable cooling in cities to limit carbon emissions
The UN Environment Programme (UNEP) has published a report titled ‘Beating the Heat: A Sustainable Cooling Handbook for Cities’.
The report says the world’s rapidly growing urban centers should adopt cooling technologies that are cleaner to limit greenhouse gas emissions.
According to the report, investing in air condition systems that are less carbon-intensive is key to greening the urban environment.
Quick Facts: UNEP is headquartered in Nairobi, Kenya.
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