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India Approves ₹197 Billion National Green Hydrogen Mission -Gautamee Hazarika

-Mercom India The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore ($2.38 billion). The policy decision is meant to facilitate demand, production, utilization and export of green hydrogen. The largest portion of the outlay, Rs.17,490 crore, has been earmarked for strategic interventions in the transition to green hydrogen. Also called SIGHT, this sub-component envisages financial incentives for the domestic manufacture of electrolyzers and...

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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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The Importance of Demographic Diplomacy in a Diverse World of 8 Billion People -Devender Singh

-TheWire.in The role of demographic diplomacy is not limited to migration only. It could also help countries navigate the emerging trends in population dynamics. As the world population touched 8 billion, Rachel Snow, head of the population and development branch of UNFPA, or the United Nations Population Fund, suggested that ‘demographic diplomacy’ could provide answers to a demographically diverse world. This is an interesting and timely concept because, as we know, the world...

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India’s coal production to surpass a billion tonnes by 2025: IEA annual report

-Down to Earth Russian invasion of Ukraine sharply altered the dynamics of coal trade, prices, supply and demand patterns  India, along with China, is the world’s largest coal producer, consumer and importer. Its own coal production will surpass a billion tonnes by 2025, the annual report of the International Energy Agency (IEA), predicted December 16, 2022. Also, India’s coal consumption has doubled since 2007 at an annual growth rate of 6 per cent....

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Exports rise marginally at 0.6% in November, trade deficit hits 7-month low

-Moneycontrol.com Exports in April-November amounted to $295.26 billion, up 11.1 percent, while imports were 29.5 percent higher at $493.61 billion India's merchandise exports posted a marginal increase in November on a year-on-year basis to $31.99 billion, data released by the commerce ministry on December 15 showed. The rise in exports in November was a mere 0.6 percent. The latest trade numbers come after data released last month showed exports contracted 17 percent in October...

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