It is a closed system - there are no external inputs or outputs, water is not lost or gained from space
It is powered by the sun - the sun heats water which evaporates, condenses and precipitates
It involves energy exchange, leading to local temperature fluctuations - as water evaporates it cools the environment, and as it condenses it releases heat
The ITCZ (also called the 'thermal equator') tracks with the seasonal movement of the Sun, north and south of the equator bringing intense low-pressure rain/monsoon conditions with the movement