Marine Protected Areas (MPAs): What Are They? Talk about the difficulties in growing the MPA network across the nation while highlighting their importance. (Answer in 200 words)
Renewable Energy Certificates (RECs) are market-based instruments that represent the environmental attributes of renewable energy generation. They are a mechanism to promote and facilitate renewable energy development, especially in countries like India where clean energy adoption is critical for suRead more
Renewable Energy Certificates (RECs) are market-based instruments that represent the environmental attributes of renewable energy generation. They are a mechanism to promote and facilitate renewable energy development, especially in countries like India where clean energy adoption is critical for sustainable growth.
How RECs Work:
1. Dual Attributes: RECs have two components—electricity and environmental benefits. When renewable energy is generated, the electricity is sold separately, and the environmental benefit (or the renewable attribute) is represented by the REC.
2. Tradability: RECs can be traded in the market. They are bought by entities that need to meet renewable energy obligations but may not have the capacity to generate renewable energy themselves.
Significance of RECs in India:
1. Renewable Purchase Obligations (RPOs): In India, certain entities like power distribution companies, open access consumers, and captive power producers are required to meet a part of their energy needs from renewable sources. RECs help them fulfill this obligation by purchasing the certificates instead of directly generating or purchasing renewable energy.
2. Promotion of Clean Energy: RECs incentivize renewable energy producers by providing them an additional revenue stream, encouraging further investments in the sector.
3. Flexibility: RECs offer flexibility to obligated entities to meet their RPOs without the need to directly engage in setting up renewable energy plants, thereby reducing the logistical and operational challenges.
4. Market Development: The REC mechanism has helped in developing a market for renewable energy trading in India. It has also promoted transparency and standardization in how clean energy is accounted for.
5. Environmental Impact: By monetizing the environmental benefits of renewable energy, RECs contribute to India’s broader goal of reducing carbon emissions and promoting sustainable development.
Overall, RECs play a crucial role in India’s energy transition strategy, aligning with the country’s objectives to increase renewable energy capacity and achieve its climate goals.
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A Marine Protected Area (MPA) has been defined by the World Conservation Union (IUCN) as "any area of intertidal or subtidal terrain, together with its overlying water, and associated flora, fauna, historical and cultural features, which has been reserved and protected by law or other effective meanRead more
A Marine Protected Area (MPA) has been defined by the World Conservation Union (IUCN) as “any area of intertidal or subtidal terrain, together with its overlying water, and associated flora, fauna, historical and cultural features, which has been reserved and protected by law or other effective means to protect part or all of the enclosed environment”. In the wake of global threats such as climate change, ocean acidification and intensified resource extraction, the world’s seas are at risk. As a result, many nations have adopted Marine Protected Areas (MPAs) as a tool for conserving biodiversity and ecosystem functions. There are 24 MPAs in peninsular India and more than 100 MPAs in the country’s islands. The Gulf of Kachchh Marine National Park, Gulf of Mannar National Park, Sundarbans National Park and Mahatma Gandhi Marine National Park are some of the important MPAs of India.
Significance of Marine Protected Areas (MPAs):
The marine protected area network in India has been used as a tool to manage natural marine resources for biodiversity conservation and for the well-being of people dependent on it.
Challenges in extending the MPA network in India:
Way forward:
Dedicated efforts are required to secure and strengthen community participation in managing the Marine Protected Area network in India. Such efforts will also help to achieve the Aichi Biodiversity Targets, especially Target Number 11 and Convention on Biological Diversity (CBD) Target of ’30×30′.
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