💰60% Hydrogen Investments to Renewables. Childcare Costs. Africa's Life Expectancy.
Chart of the Day #138 looks at Childcare costs, Hydrogen Investments and Life Expectancy in Africa
Vanakkam 🙏
The German government has allocated $5B for 23 hydrogen projects, covering renewable energy production, storage solutions, and infrastructure. Global population is forecasted to peak at 10.3B by the mid-2080s before slightly declining, as projected by the latest UN 'World Population Prospects 2024' report.
Today's Topics
👶 PreK. Nursery costs in Great Britain are over 10% higher than childminders💰 Hydrogen Investments. Renewable and low-carbon hydrogen >60% of direct investments
👴 Life Expectancy. Africa records lowest life expectancy, with Chad, Nigeria, and Lesotho at 53 years
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👶 Nursery Costs in Great Britain are Over 10% Higher Than Childminders
Nurseries feature structured programs and higher overhead costs, such as additional staff and strict regulations, making them generally pricier than childminders. Childminders operate from home with fewer children, which allows them to maintain lower operating costs and offer more flexible arrangements. As children become more independent with age, their need for intensive supervision decreases, resulting in decreased childcare expenses overall.
💰 Renewable and Low-Carbon Hydrogen >60% of Direct Investments
Investments in renewable and low-carbon hydrogen production dominated direct hydrogen investments in 2022 due to the growing emphasis on sustainability and decarbonization. The largest investment, $156B, was in renewable and low-carbon hydrogen production, accounting for over 60% of total investments. Stakeholders prioritized these technologies for their potential to reduce greenhouse gas emissions significantly, aligning with global climate goals and driving substantial financial backing into these sectors.
👴 Africa Records Lowest Life Expectancy, With Chad, Nigeria, and Lesotho at 53 Years
Most countries with the lowest life expectancy globally are from the African region. The low life expectancy in African countries like Chad, Nigeria, and Lesotho reflects a combination of factors, including inadequate healthcare infrastructure, high prevalence of infectious diseases like HIV/AIDS and malaria, socio-economic challenges, political instability, and limited access to clean water and sanitation, contributing to poor health outcomes and shorter lifespans.
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