KEY TRENDS   • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...

-ThePrint.in Christian Aid's findings come a month after the COP27 agreement to establish a loss and damage fund, which is being set up to assist developing countries vulnerable to the impacts of climate change. New Delhi: The top ten “costliest” extreme weather events in 2022 led to more than 120 billion US dollars in damages, a new report by UK-based relief and development agency Christian Aid has revealed, adding that the findings...

-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...

-PTI/ The Telegraph Developing countries need independence in their choice of energy mix, and in achieving the sustainable development goals, says environment minister India on Sunday called as historic the UN climate summit in Egypt for securing an agreement on establishing a fund to address loss and damage due to climate change-induced disasters, saying "the world has waited far too long for this". Making an intervention in the closing plenary of COP27, Union...

-The Tribune Armed conflicts afflicting many parts of the world have taken a huge toll on global poverty eradication programmes, humanitarian assistance and relief provided by the aid agencies. Multilateral development banks and large aid agencies need to play enhanced roles in providing funds to eradicate multidimensional poverty. India needs to hold more vigorous drives to achieve the first of the 17 Sustainable Development Goals — to end all forms of...