For the first time in five years, global gas flaring increased. Newly released estimates from satellite data show a 3% increase in 2018 to 145 billion cubic meters (bcm), which is equivalent to the total annual gas consumption of Central and South America. Read more
Rising debt levels are increasingly a concern. Many emerging and developing economies have borrowed heavily and their hard-won reductions of public debt before the global financial crisis have eroded. Emerging and developing economy debt has climbed by an average of 15 percentage points to 51 percent of GDP in 2018, the World Bank’s June 2019 Global Economic Prospects: Heightened Tensions, Subdued Investment reports. Read More.
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