Ratification of Kigali amendment and FDIs Flashcards

1
Q

Union govt. has approved the ratification of KIGALI amendment to the Montreal protocol on phasing down HFCs

A

India will reduce its HFCs by 80% till 2047

china by 2045 and USA by 2034

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2
Q

Montreal protocol of 1989 aimed at protecting the ozone layer and said usage of HFCs rather than CFCs.

but on further research it was found that HCFs can cause massive global warming.

when did india join montreal?

A

1992

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3
Q

What is the national monetization pipeline?

A

4 year pipeline to sell brownfield assets of the country.

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4
Q

brownfield asset—– a company purchases or leases existing facilities.

A

greenfield assets—– company builds brand new facility from groud.

both GA and BA are foreign direct investments [ FDIs]

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