Climate change is posing record threats to human health, including a rise in sand and dust storms and changing rain patterns that put more people at risk of deadly mosquito-borne diseases like dengue.
Every country now faces threats to health and survival due to global warming, according to an annual stocktake study in The Lancet, which found 10 of 15 indicators monitoring health hazards have now reached record levels.
The data represents the most concerning findings yet since the Countdown on Health and Climate Change project began eight years ago, said Dr Marina Romanello, Executive Director of the Lancet Countdown at University College London.
“Once again, last year broke climate change records – with extreme heatwaves, deadly weather events and devastating wildfires affecting people around the world. No individual or economy on the planet is immune from the health threats of climate change.
“The relentless expansion of fossil fuels and record-breaking greenhouse gas emissions compounds these dangerous health impacts, and is threatening to reverse the limited progress made so far, and put a healthy future further out of reach.”
The report provides the most up-to-date assessment of the links between health and climate change, including new metrics which record extreme precipitation, tree cover loss, sand and dust storms, rising night-time temperatures and sleep loss, among others.
It found that sand and dust storms are becoming increasingly more frequent due to hotter and drier weather, leading to a 31 per cent increase in the number of people exposed to dangerously high particulate matter concentrations between 2003 to 2007 and 2018 to 2022.
“Meanwhile, changing precipitation patterns and rising temperatures are favouring the transmission of deadly infectious diseases such as dengue, malaria, West Nile virus-related illness, and vibriosis, putting people at risk of transmission in previously unaffected locations,” adds the report.
The transmission risk of dengue by Aedes albopictus mosquitoes rose by 46 per cent and Aedes aegypti by 11 per cent over the last decade, compared to 1951-1960. A high of over 5 million dengue cases were reported in over 80 countries/territories last year, it said.
People are also increasingly at risk from life-threatening weather events, with a 61 per cent rise in areas affected by extreme rainfall between 1961 to 1990 and 2014 to last year.
Extreme drought is also becoming more common, with 48 per cent of global land affected by at least one month of extreme drought last year – the second-largest affected area since 1951.
Nations at risk due to climate change – in pictures
“Extreme weather and climate change-related health impacts are also affecting labour productivity, with heat exposure leading to a record high loss of 512 billion potential labour hours in 2023, worth $835 billion in potential income losses,” says the report.
Last year was the hottest on record, with persistent droughts, deadly heatwaves, devastating forest fires, storms and floods, and disastrous impacts on the health, lives and livelihoods of people worldwide, said the report.
Heat-related deaths in people over the age of 65 increased by a record-breaking 167 per cent above deaths in the 1990s, substantially above the 65 per cent increase that would have been expected had temperatures not changed.
Throughout the year people were also exposed to, on average, a high of 1,512 hours of high temperatures posing at least a moderate risk of heat stress while undertaking light outdoor exercise such as walking or cycling, representing a 27.7 per cent increase.
Global energy-related carbon dioxide emissions also reached an all-time high last year. The authors call on money spent on fossil fuels to be redirected towards protecting people’s health, lives and livelihoods.
“We see financial resources continue to be invested in the very things that undermine our health. Repurposing the trillions of dollars being invested in, or subsidising, the fossil fuel industry every year would provide the opportunity to deliver a fair, equitable transition to clean energy and energy efficiency, and a healthier future, ultimately benefiting the global economy,” said Dr Romanello.
It comes after a report released on Tuesday found that more than half of heat-related deaths in the summer of 2022 were related to human-induced global warming. Temperatures in Europe are rising twice as quickly as the global average, exacerbating health impacts, according to the study, by the Barcelona Institute for Global Health, have been published in npj Climate and Atmospheric Science.
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The Written World: How Literature Shaped History
Martin Puchner
Granta
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km