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Facts for Prelims (FFP)

 

Reports in News

 

Source: Multiple

Report TitleDescription
Towards Specific Commitments and Action in Response to AMRReport Released by Global Leaders Group (GLG) on Antimicrobial Resistance (AMR)
The report aims to inform the 2024 United Nations General Assembly High-level Meeting on AMR
Recommendations: It includes convening an independent panel on AMR action by 2025, expanding financing instruments, updating the 2015 Global Action Plan by Quadripartite organizations (FAO, UNEP, WHO, WOAH), and ensuring quality-assured surveillance data through global surveillance systems (GLASS, ANIMUSE and InFARM).
Target: Targets for 2030 include reducing bacterial AMR deaths by 10% and decreasing antimicrobial use in agri-food systems
 
Space: The $1.8 Trillion Opportunity for Global Economic GrowthThe report has been released by the World Economic Forum (WEF)
Key findings reveal the space economy’s projected growth to $1.8 trillion by 2035 from $630 billion in 2023. Five industries will drive over 60% of this growth, including supply chain, food and beverage, defence, retail, and digital communications. Decreasing launch costs (fell by over 10-fold over the last 20 years), commercial innovation and diversified investments are driving space prevalence.
Recommendations include partnering with tech innovators, exploring a “space for non-space” approach, and enacting policies to foster collaboration across state-sponsored agencies.
India’s space economy is currently valued at approximately $8.4 billion, comprising 2-3% of the global space economy. The target is to reach $44 billion by 2033, with 100% FDI allowed.
Recent initiatives include Indian Space Policy 2023, Indian National Space Promotion and Authorization Centre (IN-SPACe); creation of New Space India Limited to facilitate private sector participation.
 
Global Unicorn Index 2024Report released by Hurun Research Institute
Findings: In 2023, India had 67 unicorn startups (68 in 2022), ranking third globally behind the USA and China. Indian founders have produced more offshore unicorns than any other country. India lacks unicorns in the Aerospace or SpaceTech sector. Factors behind the decline include a slowdown in India’s startup ecosystem due to insufficient investment.
Unicorns are privately held, venture-capital-backed startups valued at $1 billion or more. The term was coined by venture capitalist Aileen Lee in 2013
 
EIA’s report titled ‘More Chilling Than Ever’The Environmental Investigation Agency (EIA) found that illegal trade in HFCs in Europe is driven by high profits and ongoing demand.
HFCs, or Hydrofluorocarbons, are colourless and odourless gases composed of carbon, fluorine, and hydrogen. They are entirely human-made and primarily used in refrigeration, air-conditioning, insulating foams, and aerosol propellants. HFCs were developed as alternatives to ozone-depleting substances like chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs). While they do not deplete the ozone layer, HFCs contribute to global greenhouse gas emissions and exacerbate climate change.