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India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said.

The Government of India has announced plans to operationalize gas-based power plants across the country in response to the anticipated surge in electricity demand during the upcoming summer season. This decision aims to ensure maximum power generation from Gas-Based Generating Stations (GBSs) during the peak demand period.

Plastic Overshoot Day marks the point when the amount of plastic waste generated exceeds the world’s capacity to manage it, resulting in environmental pollution. In 2024, the global Plastic Overshoot Day is projected to occur on September 5th.

Developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism.

The World Energy Council today published the 15th edition of its World Energy Trilemma Report, titled ‘Evolving with Resilience and Justice’. The World Energy Trilemma framework tracks national energy performance against the three key dimensions of energy security, equity, and environmental sustainability.

Women farmers play a crucial role in South Asia’s agricultural sector and contribute significantly, despite facing numerous challenges. The intersection of climate change, gender, and health can have disproportionate impacts on women’s well‑being.

This new UN report says financing challenges are at the heart of the world’s sustainable development crisis – as staggering debt burdens and sky-high borrowing costs prevent developing countries from responding to the confluence of crises they face.

The number of lives lost due to viral hepatitis infections is increasing and already accounts for 3,500 deaths daily, according to this report by the World Health Organization (WHO).

The report investigates the broad concept of the economics of drought management, provides a conceptual, two-tier framework for the assessment of proactive and reactive actions, and disseminates case studies for the implementation of the framework in decision-making processes.

In 2023, the Emergency Events Database (EM-DAT) recorded a total of 399 disasters related to natural hazards. These events resulted in 86,473 fatalities and affected 93.1 million people. The economic losses amounted to US$202.7 billion.

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