Governments should take advantage of an opportunity to address climate change by steering stimulus funding toward initiatives that simultaneously boost economies and address greenhouse gas emissions, the Dubai Future Foundation said in a new report.
"Governments are unlikely to have another such opportunity to direct this scale of funding into climate action," the foundation said. "Decisions we make in emerging from this crisis will significantly impact our future, with long-lasting effects on our economies."
The Covid-19 pandemic has temporarily improved the world's emissions and air quality, while plunging the global economy into a recession.
Global carbon dioxide emissions are set to decline 8 per cent in 2020, and in Abu Dhabi, there has been a 62 per cent reduction in nitrogen dioxide levels, a marker of air quality, during the pandemic.
The global economy is facing historic contraction and job losses as a result of what the International Monetary Fund dubbed "The Great Shutdown" as it downgraded its forecast last week. The IMF said the global economy will contract by 4.9 per cent this year, and expects "a slower recovery" in 2021.
The foundation said governments in the Middle East and North Africa are "well positioned" to make more aggressive climate commitments with renewables becoming the lowest-cost source of power generation.
As part of the 2015 Paris Agreement, countries are required to submit climate action plans, known as Nationally Determined Contributions, or NDCs. "As countries prepare to submit their second round of NDCs in 2020, they should take advantage of reduced costs and Covid-19 economic stimulus measures to provide more aggressive commitments than previously planned," the foundation said.
It also recommended expanding investments in data science after widespread information sharing allowed countries to allocate healthcare resources where needed, and roll out contact-tracing apps to manage the spread of the virus. Similarly, overcoming climate change will require more accurate data, DFF said, allowing countries to identify emissions hotspots and verify proposed reductions with higher accuracy.
Justin Bishop, a senior transport consultant at Arup, is researching ways to maintain air quality improvements witnessed during the pandemic. He told The National the consultancy has seen an uptake in interest from existing clients and expects it to be a focus as recovery picks up.
"Beyond the statistics and findings, the lockdowns have brought air quality right back up the list of public priorities," he said in a recent report. "With air pollution a co-factor for patients suffering from Covid-19 itself, the issue couldn't be any more material."
He agrees with DFF that better data capture is key to maintaining improvements and adds that he is "hopeful" progress can be made emerging from the pandemic.
The foundation's report said Europe is focusing on a "green recovery" from the pandemic.
The European Commission, the executive branch of the EU, recently rolled out a €750 billion (Dh3 trillion) stimulus package that puts combatting climate change at the centre of the bloc’s recovery. German Chancellor Angela Merkel has been emphasising the need to focus on climate protection when considering Covid-19 stimulus packages, and Iceland has included funding for projects tackling climate change in its second coronavirus economic stimulus package.
The private sector is also mobilising for a recovery that prioritises some level of climate action. A group of 155 companies, worth a combined $2.4tn in market capitalisation, urged policymakers for a recovery response which is “grounded in bold climate action”.
The World Bank found that Mena is one of the most vulnerable places to the consequences of rising temperatures. In Egypt, for example, Alexandria, a city of 5 million people, is sinking. In Morocco, a drought in 2015 led to the loss of more than half of the wheat harvest and a 1.5 per cent drop in the country’s GDP.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Grand Slam Los Angeles results
Men:
56kg – Jorge Nakamura
62kg – Joao Gabriel de Sousa
69kg – Gianni Grippo
77kg – Caio Soares
85kg – Manuel Ribamar
94kg – Gustavo Batista
110kg – Erberth Santos
Women:
49kg – Mayssa Bastos
55kg – Nathalie Ribeiro
62kg – Gabrielle McComb
70kg – Thamara Silva
90kg – Gabrieli Pessanha
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
UNpaid bills:
Countries with largest unpaid bill for UN budget in 2019
USA – $1.055 billion
Brazil – $143 million
Argentina – $52 million
Mexico – $36 million
Iran – $27 million
Israel – $18 million
Venezuela – $17 million
Korea – $10 million
Countries with largest unpaid bill for UN peacekeeping operations in 2019
USA – $2.38 billion
Brazil – $287 million
Spain – $110 million
France – $103 million
Ukraine – $100 million
RESULTS
Manchester United 2
Anthony Martial 30'
Scott McTominay 90 6'
Manchester City 0
Apple%20Mac%20through%20the%20years
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How being social media savvy can improve your well being
Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.
As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.
Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.
Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.
Torrena said that “most people believe that dieting and keeping fit is boring”.
However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.
“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.
People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.
The biog:
From: Wimbledon, London, UK
Education: Medical doctor
Hobbies: Travelling, meeting new people and cultures
Favourite animals: All of them
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.
2019 Asian Cup final
Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi
THE TWIN BIO
Their favourite city: Dubai
Their favourite food: Khaleeji
Their favourite past-time : walking on the beach
Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll
BRIEF SCORES:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Closing the loophole on sugary drinks
As The National reported last year, non-fizzy sugared drinks were not covered when the original tax was introduced in 2017. Sports drinks sold in supermarkets were found to contain, on average, 20 grams of sugar per 500ml bottle.
The non-fizzy drink AriZona Iced Tea contains 65 grams of sugar – about 16 teaspoons – per 680ml can. The average can costs about Dh6, which would rise to Dh9.
Drinks such as Starbucks Bottled Mocha Frappuccino contain 31g of sugar in 270ml, while Nescafe Mocha in a can contains 15.6g of sugar in a 240ml can.
Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category
Not taxed:
Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.
ESSENTIALS
The flights
Emirates, Etihad and Swiss fly direct from the UAE to Zurich from Dh2,855 return, including taxes.
The chalet
Chalet N is currently open in winter only, between now and April 21. During the ski season, starting on December 11, a week’s rental costs from €210,000 (Dh898,431) per week for the whole property, which has 22 beds in total, across six suites, three double rooms and a children’s suite. The price includes all scheduled meals, a week’s ski pass, Wi-Fi, parking, transfers between Munich, Innsbruck or Zurich airports and one 50-minute massage per person. Private ski lessons cost from €360 (Dh1,541) per day. Halal food is available on request.