# Climate finance

• India has demanded a trillion dollars over the next decade from developed countries to adapt to, and mitigate, the challenges arising from global warming.

• India’s five – fold plan aims at reducing the carbon intensity of its economy and eventually achieving net zero by 2070.

• Net zero is when a country’s carbon emissions are offset by taking out equivalent carbon from the atmosphere, so that emissions in balance are zero.

• However, achieving net zero by a specific date means specifying a year, also called a peaking year.

• India’s non fossil energy capacity will reach 500 GW by 2030.

• The country will meet 50% of its electricity requirements with renewable energy by 2030.

# Indian weddings

• The confederations of all India traders recently said in a press statement that approximately 1.5 lakh weddings were expected during the auspicious period of November14 – December 13 in Delhi alone.

• As many as 25 lakh weddings could be solemnised across the country.

• Analysts say that, however the number of guests in each wedding will decrease, the average cost of each wedding will remain same.

# Space travellers

• A spaceX rocket carried four astronauts into orbit on wednesday night, including the 600th person to reach space in 60 years.

• Germany’s Matthias maurer claimed the no 600 position, according to NASA, based on his mission assignment.

# 5G spectrum

• The auction for the 5G spectrum is likely to take place around April-may, minister for communications Ashwini vaishnav said on thursday, signalling a slight delay.

• The Department of telecom had approached TRAI seeking its recommendations on pricing, quantum and other modalities pertaining to radiowaves in multiple bands.

# Toys in PLI

• The toy industry in India should be brought under the production linked incentive (PLI) scheme to make it competitive and get it on a fast growth mode.

• Toy sector can be a force multiplier for the socio-economic development of tier-2 and tier 3 cities in the country given its potential to generate jobs at scale.