Carbon Credit Trading Scheme
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Current affairsUNEP "Limiting Overshoot" Report 2026: World Set to Breach 1.5°C — Paris Agreement Pathways and India's Climate ObligationsUNEP's "Limiting Overshoot" report (September 2026) declares that breaching the 1.5°C Paris Agreement warming threshold is now unavoidable in the near term. Without enhanced action, global temperatures could reach 2.6°C by 2100, but an "overshoot-peak-decline" pathway can return temperatures below 1.5°C through aggressive emissions cuts and large-scale carbon dioxide removal. Current affairsIndia Crosses 300 GW Non-Fossil Fuel Installed Electricity Capacity: A Milestone in Clean Energy TransitionIndia's installed non-fossil fuel electricity generation capacity crossed 300 GW (300.50 GW) as of 31 July 2026, announced the Ministry of New and Renewable Energy on 10 August 2026. This represents 54% of total installed capacity of 552 GW and over 60% of India's Paris Agreement NDC target of 500 GW non-fossil capacity by 2030.