India received over $111 billion in remittances in 2022, the largest in the world, becoming the first country to reach and even surpass the $100 billion mark, the United Nations migration agency has said.

The International Organization for Migration (IOM), in its World Migration Report 2024 launched Tuesday, said that in 2022, India, Mexico, China, the Philippines and France were the top five remittance recipient countries.

“India was well above the rest, receiving more than $111 billion, the first country to reach and even surpass the $100 billion mark. Mexico was the second-largest remittance recipient in 2022, a position it also held in 2021 after overtaking China, which historically had been the second-biggest recipient after India,” the report said.

source/content: millenniumpost.in (headline edited)

The FAO report also said the rate of gross global mangrove loss decreased by 23 per cent during the periods — 2000 to 2010 and 2010 to 2020.

India gained 2,66,000 hectares of forest area annually from 2010 to 2020, securing the third spot among the top 10 countries with the most significant forest area gains during this period, according to a new report by the Food and Agriculture Organisation.

The report, released on Monday, said China led the world with the maximum forest area gain of 1,937,000 hectares, followed by Australia with 4,46,000 hectares, and India. Other countries in the top 10 include Chile, Vietnam, Turkey, the United States, France, Italy and Romania.

The UN agency praised India for its efforts in restoring degraded lands and expanding agroforestry through innovative approaches. This includes the development of a new national policy aimed at better-supporting agroforestry in the country.

The report highlighted a significant reduction in deforestation in some countries. For example, Indonesia saw an 8.4 per cent decline in deforestation from 2021 to 2022, while Brazil’s Amazon experienced a 50 per cent reduction in deforestation in 2023.

The FAO report also said the rate of gross global mangrove loss decreased by 23 per cent during the periods — 2000 to 2010 and 2010 to 2020.

However, the FAO stressed that climate change is increasing the vulnerability of forests to various stressors, including wildfires and pests.

“Wildfire intensity and frequency are rising. Boreal forests accounted for nearly one-quarter of carbon dioxide emissions due to wildfires in 2021. In 2023, wildfires emitted an estimated 6,687 megatonnes of carbon dioxide globally, more than double the carbon dioxide emissions from the European Union due to fossil fuel burning that year,” the report read.

In the United States, 25 million hectares of forestlands are projected to experience losses exceeding 20 per cent of host tree basal area due to insects and disease by 2027, according to the report.

source/content: indianexpress.com (headline edited)