Investing On Green Bonds
Amid the wider nebula process and the well of millions of helium stars, there
is specifically one planet that departs energy while reflecting itself as a blue
planet from space.
It's the only planet in the milky way galaxy that has millions of diverse life
consisting of small microbes to big Asiatic elephants. despite the beautiful and
depositional valleys like falls, forests, and glacier outlook it seems to be one
of the most balanced exoplanets in the whole universe till today and the only
home to our ancestor's minds and evolutions of various investments in terms of
social and evolution tendency.
World earth day is celebrated every year since passing a resolution at United
Nations to unify this world to conserve the valuable ecological assets so we can
all give a strong wing to the sustainable development index which is having 17
goals. Since the theme of this year is investing on planet earth and there is
numerous factor that needs to be evaluated and framed to go ahead with this
topic.
With the eve of the industrial revolution and expansion of human
curiosity as well as their revolutionary learning mindset they with the
influence to gain more profits in terms of economic sanctions and values under
the capitalism idealogy started to emit carbon as well as other greenhouse gas
in a wider thread. Thus the majority of the greenhouse gas can shatter like
long waves of radiation thus it makes our atmosphere warmer and thus creating
strong low-pressure centers above the ground or we can say in the troposphere as
well.
This leads to unexpected phenomena of pressure gradient force mechanism
and thus winds can flow from high-pressure belts to low-pressure belts but in a
systematic climatological pattern in which the earth had already framed it
balanced mechanism but due to extreme heating this go unexpected and thus lead
to extreme cyclones, both tropical and temperate which can dismantle human
rights, property and cause ecological disturbances. if you analyze the data
almost five cyclones have destroyed the human, as well as ecological assets
named tauktae,yaas,ghulab, and shaheen, these cyclones, were formed both in
Arabic as well bay of Bengal. Other oceanographic pillars need to be understood
the importance of oceanic currents, thus ocean marine lives are prominently
surviving their fins majority because of ocean currents mechanism which brings
plankton and also can carry nutrients from the eastern continent to the western
side.
If we say you would observe that majority of the western continent doesn't get
rainfall because the colder currents don't carry moisture and in terms of
ecology it can be said to be balanced. But on the other hand, warmer currents
like brazil currents and the mixture of two oceanic currents in the northern
hemisphere of the Atlantic ocean lead to the formation of high nutrients
environment which feeds much flora and regional fauna is which needs to be
appreciated.
As the global temperature is increasing as the recent report of IPCC indicated
that if we don't reduce our emissions till 2050 and continue to be a part of
greenhouse gas emissions then it may happen that glaciers will sink and various
climatological and atmospheric structures around the globe may face
unpredictable and extreme climate, just look out at the present scenario we are
facing thrashing heat in the month of march only whereas it should be facing in
may.
It also happens that due to this imbalance oceanic currents, and various
atmospheric belts like subtropical high-pressure belts and polar belts may
change their position and can lead to a greenery Rajasthan which is today a
semi-arid land while on the other hand eastern side of the continent may become
a desert that even you don't imagine what will the administrative situation in
context to poverty and human lives. As per the report of IPCC only, amazon which
comes under the tropical region had already been cleared for settled agriculture
purposes.
There are multiple demands as well as issues to handle to balance the majority
of the issues. So there is a focus on investing in planet earth in the context
of providing renewable technologies, the formation of parliamentary, standing,
and international committees to frame policies on hydrogen technology, likely
like wind, thermal, and solar. One of the issues is that this technology is
quite more expensive than fossil fuels if we compare it in context to overall
productivity and implementation programs. According to loop solar technology, it
is analyzed that to install one solar panel takes almost forty thousand rupees
and even the old architecture doesn't support spacious eligibility.
So there is a need for collaboration between developed countries and developing
countries so they can frame an implementing policy not just only framing while
looking out the other issue like population, transfer of technology, skilled
human capital, and mediation on colonial debates of emission which means that
one state blames others for the emission. Today, China, India, USA are the
pivotal emitters of greenhouse gases. So there is a need for collaboration by
using geothermal technology and expanding the budget on human capital,
sustainable development, and issuing green bonds.
The idea of green bonds is much more effective as they can be issued by eminent
central banks or authorities and thus it has lower interest value and it is only
issued for taking money from citizens similar to government bonds while in this
case, it is different because a user will get their principal amount with
interest safely and by this capital, green projects would be funded. thus it
would also safeguard our constitutional rights under article 21 of the Indian
constitution as well as international treaties.
Today, our government of India has formulated many schemes to conserve the
environment in terms of its constitutional values and schemes like global
sustainable developments by the ministry of housing and urban affairs, now it's
our time to be aware and plant a mindset that would lead us to give our next
generation this planet earth as one of the most expensive assets you can give
rather give them a million-dollar penthouse. Today we have time, today we have
capital, today we have a chance, today we have we and for a moment let's imagine
thousand of dolphins flattering throughout Ganga plains and whales loving their
oceanic warmth. So let's start to invest because it can only us to grow and
adopt a balanced approach and fulfill constitutional values like articles 21,14
and the directive principle of state policy in the context of India.
Law Article in India
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