Week Around Wrap .....

#1. India pitches in with a climate change fund for S Asia. It comes after the nation furthered its apprehensions about sabotaging the progress in the process of going all green and hence declined to compromise its progress for the sake of cuttiing down carbon emissions during the all-starry-no-stuff Copenhagen Climate Summit. That makes it even soothing a news to ears. "I am happy to anounce setting up of an 'India Endowment for Climate Change in South Asia' to help member states in meeting urgent adaptation and capacity building needs," Manmohan Singh said at the 16th Saarc summit. PM also underlined on various projects already undertaken by the country, which included a national mission in sustaning the Himalayan ecosystem. Climatic innovation centres are also proposed to be set up. PM addressed the need of "regional cooperation" in sustainable resource management.


#2. Guess what, world's first hotel to earn carbon credits* is Indian. ITC Sonar, Kolkata now stands a unique identification ,which no other worldly hotel till date can possibly boast of, to this elite distinction.It has been issued 1996 carbon credits per annum for to years. United Nation Framework Convention on Climate Change (UNFCCC) registered the project as a clean development mechanism.



*carbon credit- One carbon credit is equivalent to reduction of one tonne of carbon-di-oxide.