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Poverty and inequality

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...

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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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Fact check: Is natural gas just as responsible as coal for global warming, as Union minister claims? -Divyani Dubey

-Scroll.in In theory, natural gas is 'cleaner' than coal, but while producing the gas a certain amount of methane ( a Greenhouse Gas) leaks into the atmosphere. RK Singh, the Union Minister for Power, New and Renewable Energy, said on December 5 that natural gas is just as responsible as coal for global warming, if not more. “In COP26 they added a line, they wanted to add… phase-out of coal. But thereafter India...

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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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Climate change induced extreme events are playing havoc with human lives & livelihoods, show latest available data

It is evident from various studies (please click here, here and here to access) that emission of Greenhouse Gases (GHGs) by the developed as well as the developing countries is responsible for climate change, thus causing extreme weather events to occur, with much more ferocity than in the past. The negative impact of climate change may or may not be felt in the geographical location where historically emission has taken...

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