Reports and Indices Current Affairs MCQs

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The World Bank released the “Pathways out of the Polycrisis: Poverty, Prosperity, and Planet Report 2024”. The report highlights challenges in economic development. Global poverty reduction has nearly stalled over the past 5 years due to the “polycrisis.” Polycrisis refers to multiple overlapping crises like slow growth, fragility, climate risks, and uncertainty. Extreme poverty is projected at 7.3% in 2030, far from the UN SDG target of eliminating it. The global prosperity gap has widened, with income growth slowing since the pandemic. In India, extreme poverty has dropped from 431 million in 1990 to 129 million in 2024.

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The International Union for Conservation of Nature (IUCN) released a report titled “Agriculture and Conservation.” The report explores the complex relationship between agriculture and biodiversity conservation. Agriculture directly threatens 34% of species on the IUCN Red List due to habitat conversion to croplands, pasturelands, plantations, and irrigation. Indirect threats include invasive species, nutrient loading, soil erosion, agrochemicals, and climate change.
On the positive side, agriculture provides habitat for about 17% of species on the IUCN Red List.

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India is expected to see the highest increase in energy demand globally over the next decade, as per the World Energy Outlook 2024. The report is published by the International Energy Agency (IEA) and provides key energy trends and projections. Low-emission energy sources are projected to generate over half of the world’s electricity by 2030. India is set to add 12,000 cars daily until 2035, with built-up space growing by over 1 billion square meters annually. India’s total energy demand will rise by 35% by 2035, with coal use in industry increasing by 50%. Coal-based electricity generation will grow by 15%.

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The Fraser Institute released the 2024 Economic Freedom of the World Report, ranking 165 countries based on economic choice. The top five most-economically free countries were Hong Kong, Singapore, Switzerland, New Zealand, and the United States. India ranked 84th in the report. The report uses 42 variables, including government size, property rights, monetary policy, and trade freedom.

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The Commitment to Reducing Inequality (CRI) Index 2024 shows that many countries are failing to reduce socio-economic inequalities. The report, published by Oxfam and Development Finance International (DFI), ranks 164 countries based on Public Services, Progressive Taxation, and Labour Rights. Top performers include Norway, Canada, and Australia, while South Sudan and Nigeria are the worst performers. The rank of India is 127th in the index. Belarus, Costa Rica, and South Africa are leading among low- and middle-income countries. Rising inequality, conflict, and climate shocks hinder spending in poorer countries, worsening food prices and hunger while billionaires’ numbers double.

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The UN Emissions Gap Report is released annually by United Nations Environment Programme (UNEP). The UN Emissions Gap Report tracks the gap between current emissions and the 1.5°C target. It highlights the urgent need for a 42% reduction in emissions by 2030 and 57% by 2035 to stay on target. The report links rising emissions to increased climate disasters, stressing the need for immediate action, especially from G20 nations, to support developing countries in transitioning to clean energy and addressing the impacts of climate change. The upcoming COP29 conference is crucial for setting new national climate action plans and increasing financial support.

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The AI Preparedness Index (AIPI) evaluates nations on digital infrastructure, human capital, technological innovation, and legal frameworks. As of 2023, Singapore leads with a score of 0.80, indicating its strong commitment to AI integration. In contrast, India ranks 72nd with a score of 0.49, despite having a significant number of AI startups and user engagement. This index highlights the disparities in AI readiness between advanced and emerging economies.

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The Global Environment Outlook (GEO-7) is a crucial report being drafted by the United Nations Environment Programme (UNEP). It aims to offer policymakers a comprehensive assessment of environmental changes and effective solutions to combat pressing ecological issues. Scheduled for launch at the United Nations Environment Assembly (UNEA-7) in December 2025, GEO-7 will cover a broad spectrum of environmental topics, emphasizing the interconnectedness of environmental health with economic and social stability, thereby influencing decisions across various sectors for sustainable development.

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The United Nations Environment Programme (UNEP) released the Adaptation Gap Report 2024. The report assesses the world’s progress on adaptation planning, financing, and implementation. The adaptation gap is estimated at US$187-359 billion per year, reflecting resource limitations. International public adaptation finance to developing countries reached US$27.5 billion in 2022, showing progress toward the Glasgow Climate Pact. It also suggests ways to improve national and global adaptation efforts. The 2024 report emphasizes the need for countries to increase their efforts to adapt to climate change, starting with a commitment to finance at COP29. It also provides a more in-depth analysis of capacity building and technology transfer.

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UNESCO released the Global Education Monitoring Report 2024 at the Global Education Meeting hosted by Brazil. The report emphasizes leadership in education as crucial for achieving common goals, focusing on social influence and balancing learning outcomes with equity and inclusivity. It highlights a funding issue, with 4 in 10 countries spending less than 4% of GDP on education. 251 million children and youth remain out of school, with a small 1% reduction since 2015. Central and Southern Asia show progress in education access, but Afghanistan, Bangladesh, India, and Pakistan have the largest out-of-school populations.