The noble idea of a sustainable society has found itself on the back burner recently. But one of its leading proponents feels that clearing up a few misconceptions will get it back on track
In the week the 7 billionth person pitched up on the planet, Malthusian fears of sustainability are back in vogue.
Can the world cope with that many people? What are they going to eat, how will they get their energy supplies and what sort of cars will they drive?
There are few better people to discuss these vexing issues than Prince Carlos de Bourbon de Parma, who has a family tree dating back more than a millennium. He is the head of the royal and ducal house of Bourbon-Parma, a member of the Dutch royal family and considered the pretender to the defunct throne of Parma.
He says he grew up thinking and talking about sustainability over family meals, and is passionate about the subject. "It's genetic," he says. "We were always talking about long-term issues stretching over many generations."
His grandfather was one of the founders of the World Wildlife Fund, although Prince Carlos is rather disparaging of that body. "It's now a fantastic branding agency," he says. "The mentality has changed. We didn't set it up to be a seal of approval institution."
With his blond hair and blue eyes, Prince Carlos is the very model of a north European. And in a blue suit, white shirt and wearing an orange Hermès tie, he could be mistaken for still being the banker he once was. But he is now a successful businessman, the part-owner of Lemnis Lighting, which makes long-life bulbs. And he works part-time for Celerant Consulting, a consultancy that opened offices in Abu Dhabi and Muscat two years ago, and is about to open in Doha. Sustainability is one of the eight pillars of its advisory work.
Amid the gold leaf and the sound of an oud at the Emirates Palace Hotel, he recently talked about how there is 20 per cent more gold by weight in mobile phones than in gold ore, the lack of principles in some business circles, and the decline of the West.
You've flown in from Europe. How is it there from a sustainability perspective?
I see a serious slowdown in Europe in the idea of changing to a sustainable society. In the 1960s conservation and environment were against big business. This has merged NGOs [non-governmental organisations] and businesses to work together. Last two years it has slowed down tremendously.
Due to events in 2007 and 2008?
Yes, most probably. Plus a lot of political parties in Europe have changed from the left to right. Sustainability is not left or right. In Holland, the right talks about energy security while the left talks more about environment, climate change etcetera. The same technology could solve both their problems, but for some reason they don't want to mix.
Is sustainability seen as an expensive luxury?
Yes, this is one of the hardy myths around sustainability, the idea that it costs money. I think it is a hangover from the 1960s. But I have a lighting company that makes LED bulbs and we make cashloads of money. Sustainable businesses are cheaper in the long run. The problem is sustainability has a label of being a leftist thing. It shouldn't be. After all, it is the biggest job creator in Germany.
So sustainability is not anti-growth?
No, that's another myth. But is it qualitative growth or quantitative? Ask the London Symphony Orchestra; do they want to grow and be bigger? Of course not. They want to be better. That's where the growth is.
And your view of Europe?
There is a value crisis. We have allowed systems to reach their limits, bonus structures out of proportion with reality. We have become devoid of rhyme or reason, it is a moral issue, an ethical one. It is not a market issue. With ABN Amro Bank, after it was nationalised, there was this enormous fear that if you didn't pay bonuses you wouldn't get good executives. In fact, the contrary is the case. They are getting a tenth of the bonus they would have got, but they are working well. All these crises have a common base and it's all down to values. We daren't look further than our noses are long, we are sticking our heads in the sand. There is a lack of education.
How do you convince businesses that you should be doing this?
Large businesses are. It has taken 15 years, but they are doing it. What do we do now? One of the things Celerant does is it has a proven way of improving efficiency. If you can increase productivity, can you reduce waste too? And we are implementing that now, and that is one of the eight pillars that forms the strategy of Celerant.
In the Middle East, presumably everybody could improve their sustainability?
Of course, the market is huge. Here, natural resources are scarce, apart from energy. We are running a linear economy today. If you want to have 9 billion people living together in harmony we have to share the pie. We need to be circular, not linear, we need qualitative growth, not quantitive. That is the future of the job market and the Middle East is geographically perfectly positioned to service India, China, Europe and Africa.
Where do you see hope for this vision of sustainability in the Middle East?
Here you have Masdar City, aerospace and education. These all hold out hope for the future. There is also a strong moral vision, the UAE is doing more on sustainability than the US. Even China has become conscious over the past few years. The UAE has a significant role to play. It is good to see there are islands going against the trend.
In the past 10 years, have people changed their habits enough or not even close?
Not even close.
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You Were Never Really Here
Director: Lynne Ramsay
Starring: Joaquim Phoenix, Ekaterina Samsonov
Four stars
Other promotions
- Deliveroo will team up with Pineapple Express to offer customers near JLT a special treat: free banana caramel dessert with all orders on January 26
- Jones the Grocer will have their limited edition Australia Day menu available until the end of the month (January 31)
- Australian Vet in Abu Dhabi (with locations in Khalifa City A and Reem Island) will have a 15 per cent off all store items (excluding medications)
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.
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UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
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Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
The bio
Favourite book: Kane and Abel by Jeffrey Archer
Favourite quote: “The world makes way for the man who knows where he is going.” - Ralph Waldo Emerson, American essayist
Favourite Authors: Arab poet Abu At-Tayyib Al-Mutanabbi
Favourite Emirati food: Luqaimat, a deep-fried dough soaked in date syrup
Hobbies: Reading and drawing
ANALYSTS’ TOP PICKS OF SAUDI BANKS IN 2019
Analyst: Aqib Mehboob of Saudi Fransi Capital
Top pick: National Commercial Bank
Reason: It will be at the forefront of project financing for government-led projects
Analyst: Shabbir Malik of EFG-Hermes
Top pick: Al Rajhi Bank
Reason: Defensive balance sheet, well positioned in retail segment and positively geared for rising rates
Analyst: Chiradeep Ghosh of Sico Bank
Top pick: Arab National Bank
Reason: Attractive valuation and good growth potential in terms of both balance sheet and dividends
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
Poland Statement
All people fleeing from Ukraine before the armed conflict are allowed to enter Poland. Our country shelters every person whose life is in danger - regardless of their nationality.
The dominant group of refugees in Poland are citizens of Ukraine, but among the people checked by the Border Guard are also citizens of the USA, Nigeria, India, Georgia and other countries.
All persons admitted to Poland are verified by the Border Guard. In relation to those who are in doubt, e.g. do not have documents, Border Guard officers apply appropriate checking procedures.
No person who has received refuge in Poland will be sent back to a country torn by war.
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
The Pope's itinerary
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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INVESTMENT PLEDGES
Cartlow: $13.4m
Rabbitmart: $14m
Smileneo: $5.8m
Soum: $4m
imVentures: $100m
Plug and Play: $25m
COMPANY%20PROFILE
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The%20pillars%20of%20the%20Dubai%20Metaverse%20Strategy
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory