Tag Archives: Australia

India join rich nations’ group to protect forest

Good Morning friends.  It’s a pleasure to know that India will join rich nations’ group to protect forests.  We all know that some forest had been forgotten to protect.  Many will say that forest has no use in our daily life.  Literally yes, but our forest has a big role in nature.  Trees that grew there more than a 100 years helps us when there will be a disaster, like flood.

India, along with five other developing countries, has joined a group of five rich nations to work on a Rs 1,600-crore project to fight climate change through forest management.

The six developing countries — Brazil, Congo, Morocco, Nepal and Romania — have joined the group comprising US, Australia, Britain, Denmark and Norway under the governing body of the Forest Investment Programme (FIP).

This signals the commitment of these countries to a unique partnership to combat climate change through forest management, the World Bank said.

“This new programme will provide much-needed upfront investment to developing countries and forest-dependent communities to help them prepare for and benefit from financial flows for the sustainable management of forests,” said Eduardo Saboia, who represented Brazil in the series of FIP design meetings. The FIP Trust Fund Sub-Committee will meet in Washington for the first time on October 29 to begin implementation of the programme. It will also work on criteria for selecting pilot countries and regions. The FIP governance structure is among the first in a new generation of partnerships among developing and developed countries and other stakeholders which takes account of the need for a level playing field in addressing climate action, the bank said.

“These should lead to replicable models resulting in effective forest management, improved forest governance and information systems, restoration and sustainable management of degraded forests,” it said. Pilot programmes will be chosen by taking into account country distribution across regions.

“Rampant, large scale deforestation produces more carbon emissions than the entire world’s planes, ships and cars combined,” said Douglas Alexander, secretary of state for International Development for UK, which has pledged up to £100 million (Rs 772 crore) for the FIP. – AhmedabadMirror

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India move to 2nd spot in ODI rankings -1

Riding on their nine consecutive ODI victories, MS Dhoni-led Indian team has moved up to the second spot in the latest ICC rankings.

India displaced Australia who slipped to the third position in ODI rankings. India move up after 4 ODI wins against Sri Lanka and Australia’s two consecutive losses against New Zealand.

India have 122 points to be just three points behind World No. 1 South Africa. After thrashing Australia 4-1 in the five-match ODI series, the Proteas clinched the No. 1 position. Australia (121) have been pushed to the third place while New Zealand follow on fourth rung with 117 points. Pakistan are fifth while England and Sri Lanka are sixth and seventh respectively.

South Africa and India are also the top challengers to Ricky Ponting’s team in both versions of the game.

In ICC Test Rankings, Australia have 126 points while second placed South Africa is 121 and would get a chance to topple Australia when they take on Ponting’s men in a home series beginning later this month. India are third placed with 118 points.

The number one ODI team on April 1 will be richer by $175,000 with the runners-up getting $75,000.

Reference:  NDTV Cricket