Transformative Carbon Asset Facility

The World Bank has launched a $500 million dollars Transformative Carbon Asset Facility (TCAF) to help developing countries pay for emission reductions and combat climate change.The scheme will reward countries for reducing emissions by paying a fee for each tonne of carbon dioxide (CO2) reduced. The facility will help countries implement their Intended Nationally Determined Contributions (INDCs).Of the total 500 million dollars, Germany, Norway, Sweden and Switzerland have jointly pledged an initial 250 million dollars investment. The scheme would support renewable energy, energy efficiency and waste management projects as well to cut emissions in cities and from the transport sector.

Men’s Hockey World League Final

Australia has won the 2014-15 Men’s Hockey World League Final by defeating Belgium.Belgium’s national men’s hockey team, the Red Lions have been beaten 2-1 by Australia in the final of the Hockey World League in the Indian city of Raipur. A late goal by Simon Gougnard in the final minute of the match wasn’t enough to prevent the Australians winning the final.India was placed at third place in this league after defeating world number two and defending champions Netherlands by 3-2 goals in the                                                                                                 penalty shoot-out.

First consignment of Uranium to India

Canada has successfully sent the first consignment of 250 tonnes of uranium to India as part of bilateral civil nuclear cooperation between both countries.The India-Canada civil nuclear contract was signed in line with the Canada-India Nuclear Cooperation Agreement that took effect in 2013. The agreement was signed after the Nuclear Supplier Group (NSG) had granted its waiver for use of atomic power for civilian purposes in 2008 ending India’s 3 decade long isolation from international nuclear trade.Canada had completely banned exports of uranium and nuclear hardware to India after it had conducted first nuclear test on 18 May 1974. It was alleged that India had used Canadian technology to develop a nuclear bomb for this test.

commemorative coins on Dr B R Ambedkar

                            

The Prime Minister, Shri Narendra Modi, today released two commemorative coins, as part of the 125th birth anniversary year celebrations of Dr. B.R. Ambedkar. The coins, which are of "ten-rupee" and "one hundred and twenty-five rupee" denomination, were issued on the Mahaparinirvan Divas of Babasaheb Ambedkar.In July 2015, Prime Minister Narendra Modi had chaired the first meeting of the National Committee on Nationwide Celebration of 125th Birth Anniversary of Dr. B.R. Ambedkar. In September 2015, Union Communications and IT Minister Ravi Shankar Prasad had released a commemorative postal stamp on Dr. Ambedkar.