Introduction: An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country. Economic systems regulate the factors of production, including land, capital, labor, and physical resources. An economic system encompasses many institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise […]
Introduction of Green Economy: A green economy is defined as low carbon, resource efficient and socially inclusive. In a green economy, growth in employment and income are driven by public and private investment into such economic activities, infrastructure and assets that allow reduced carbon emissions and pollution, enhanced energy and resource efficiency, and prevention of
The importance of these challenges requires that poverty and climate change be addressed at once. To do this, the world needs to find ways for development that lift people out of extreme poverty without further worsening the risks of climate change. UN Sustainable Development Goals (SDGs): All 193 United Nations (UN) member countries in 2015
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Introduction The study on the impacts of climate change on population and economy suggests that there are two key vulnerable groups in the rural areas of developing countries: people living in Less-favored agricultural areas (LFAAs) and people living in Rural low-elevation coastal zones (LECZs). LFAAs include agricultural lands that are constrained by difficult terrain, poor
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Climate Change: Climate change refers to long-term shifts in temperatures and weather patterns. These shifts may be natural, such as through variations in the solar cycle. But since the 1800s, human activities are the main drivers of climate change, primarily due to burning fossil fuels like coal, oil and gas. Burning fossil fuels generates greenhouse
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Back Ground and History of International Day of Banks: The UN General Assembly (UNGA) adopted resolution 74/245, 19 December 2019, which designated 4 December as the International Day of Banks in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing important information & knowledge;
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Basic Definition: The assets are items that the bank owns. This includes loans, securities and reserves. Loans are the major asset for most banks. They earn more interest than banks have to pay on deposits, and they are a major source of revenue for a bank. Types of Assets: There are seven types of Assets which
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