Context:
Oil and Gas Decarbonization Charter (OGDC) has been officially launched at COP28 by UAE and Saudi Arabia.
About OGDC:
- A global industry Charter dedicated to speeding up climate action and achieving high-scale impact across oil and gas sectors.
- Currently, 50 companies, collectively responsible for over 40% of global oil production, have committed to OGDC.
- Key initiative under Global Decarbonization Accelerator (GDA)
- GDA – Launched at World Climate Action Summit recently.
- 3 pillars of GDA –
- Scaling energy system of tomorrow
- Decarbonizing energy system of today
- Targeting methane and other non-CO2 greenhouse gases.
Source: News on Air
Previous Year Question
“Climate Action Tracker” which monitors the emission reduction pledges of different countries is a :
[UPSC Civil Services Exam – 2022 Prelims]
(a) Database created by coalition of research organisations
(b) Wing of “International Panel of Climate Change”
(c) Committee under “United Nations Framework Convention on Climate Change”
(d) Agency promoted and financed by United Nations Environment Programme and World Bank
Answer: (a)
