Nicholas Kee, from Kee Farms, pitching at the Expo live Innovation event at Expo City Dubai. Chris Whiteoak / The National
Nicholas Kee, from Kee Farms, pitching at the Expo live Innovation event at Expo City Dubai. Chris Whiteoak / The National
Nicholas Kee, from Kee Farms, pitching at the Expo live Innovation event at Expo City Dubai. Chris Whiteoak / The National
Nicholas Kee, from Kee Farms, pitching at the Expo live Innovation event at Expo City Dubai. Chris Whiteoak / The National

Climate start-ups compete in Dubai for $50,000 Expo Live Innovation grant


Anjana Sankar
  • English
  • Arabic

More than 40 climate start-ups are competing for $50,000 in funding offered by the Expo Live Innovation programme.

The event, which kicked off on Wednesday at Expo City in Dubai and ends on Friday, attracted innovators from countries all over the world including Nepal, Germany, French Polynesia, Tunisia, India and Brazil.

Each candidate has 15 minutes to deliver their ideas to a judging panel during a three-day pitching event at Terra, the Sustainability Pavilion at Expo.

They will address environmental challenges such as deforestation, biodiversity depletion and global warming.

Winners will be awarded a $50,000 grant to develop their projects, accompanied by valuable technical guidance along with the opportunity to display their work at Cop28, which is being held at Expo City Dubai this year.

Yousuf Caires, executive director of the Expo Live Innovation programme says he wants all participants to win. Chris Whiteoak / The National
Yousuf Caires, executive director of the Expo Live Innovation programme says he wants all participants to win. Chris Whiteoak / The National

"We want anyone with a solid solution that will transform communities and address the climate crisis to win," Yousuf Caires, executive director of Expo Live Innovation, told The National.

"The $50,000 will be a game changer for them."

Mr Caires emphasised that the diverse range of competing companies illustrates how climate change is a priority for innovators.

"It is clear that it is not just countries discussing climate change," he said. "Those directly affected by it are actively seeking tangible solutions."

This year the Expo grant is uniquely linked to Cop28 and will open doors for the competing companies to exhibit their projects and forge connections with other foundations and investors.

The funding will also allow them to make lasting contributions to the fight against climate change.

Measuring biodiversity value

Endangered Wildlife, a software company from Estonia, is one of the companies that pitched to judges on the opening day of the event.

The company's aim is to combat the climate crisis by assigning a financial value to individual biodiversity species through its software, Biodiversity Valuator.

With a unique and protected methodology, the software calculates the biodiversity value based on the species' location.

Shana Vida Gavron, chief executive of Endangered Wildlife, pitching at the Expo City Dubai event on Wednesday. Chris Whiteoak / The National
Shana Vida Gavron, chief executive of Endangered Wildlife, pitching at the Expo City Dubai event on Wednesday. Chris Whiteoak / The National

"We cannot address the climate crisis without saving our biodiversity," Shana Vida Gavron, chief executive of Endangered Wildlife, told The National.

She said that their software had calculated the biodiversity value of the Arabian oryx in the UAE at €81 million ($22.05) and that of the ghaf tree at €77 million.

"These concrete figures make it easier for sustainability reporting and integration of biodiversity into decision-making processes," she said.

"Winning the Expo grant would enable the company to expand our database – incorporating data for thousands of species from around the world."

Tree planting in Nepal

The Green Alliance is another start-up competing for the $50,000 prize.

The Dutch company, which focuses on planting trees in Nepal to restore landscapes, has an ambitious plan that involves planting 10,000 trees on 20 hectares of land and training 2,400 farmers.

But the company's plan extends beyond reforestation.

Matthijs van Rijn, co-founder and director of The Green Alliance, told The National that they are committed to empowering communities.

"We help people plant and take care of fruit-bearing trees that communities can harvest," he said.

If the company secures the Expo grant, Mr Van Rijn said his goal is to develop a user-friendly app that allows for tree registration using pictures and GPS co-ordinates.

"The app will serve as a vital tool to connect with farmers in remote areas, and advise them in taking care of the plants as well as give them financial stimuli for doing it," he said.

Among other companies vying for the $50,000 prize money is German company BioConsult, which aims to map the whale population using high-resolution satellite imagery of oceans to identify biodiversity loss in the oceans, and Tunisia-based Ecobees that offers solutions for remote monitoring of beehives.

The Expo Live Innovation programme received 430 applications and 43 start-ups from 37 countries made the shortlist.

The winners will be announced in the next two weeks.

Expo funds global projects - in pictures

  • Ignitia provides easily accessible, highly accurate weather forecasts to small-scale farmers in the tropics, so they can make more informed agricultural decisions. Photo: Expo 2020 Dubai
    Ignitia provides easily accessible, highly accurate weather forecasts to small-scale farmers in the tropics, so they can make more informed agricultural decisions. Photo: Expo 2020 Dubai
  • Ignitia aims to become West Africa's go-to provider of tropical weather forecasting services. Photo: Ignitia
    Ignitia aims to become West Africa's go-to provider of tropical weather forecasting services. Photo: Ignitia
  • Ignitia is one of 140 projects to receive a grant from Expo 2020 Dubai under the Expo Live programme. Photo: Expo 2020 Dubai
    Ignitia is one of 140 projects to receive a grant from Expo 2020 Dubai under the Expo Live programme. Photo: Expo 2020 Dubai
  • Farmers are given smartphones with the Ignitia app downloaded to monitor weather patterns. Photo: Ignitia
    Farmers are given smartphones with the Ignitia app downloaded to monitor weather patterns. Photo: Ignitia
  • Created in Sweden, Ignitia is now used by farmers in Ghana and Nigeria. Photo: Ignitia
    Created in Sweden, Ignitia is now used by farmers in Ghana and Nigeria. Photo: Ignitia
  • Ignitia provides farmers a 48-hour weather forecast by text message. Photo: Ignitia
    Ignitia provides farmers a 48-hour weather forecast by text message. Photo: Ignitia
  • Suyo beneficiary Jairo Garzon smiles after receiving the paperwork for the entitlement of his house in Medellin, Colombia. Photo: Suyo
    Suyo beneficiary Jairo Garzon smiles after receiving the paperwork for the entitlement of his house in Medellin, Colombia. Photo: Suyo
  • Suyo helps with the registration of property for low-income families in Colombia. Photo: Expo 2020 Dubai
    Suyo helps with the registration of property for low-income families in Colombia. Photo: Expo 2020 Dubai
  • An estimated 70 per cent of families in Latin America do not formally register their property due to complicated and expensive processes. Suyo seeks to change this. Photo: Suyo
    An estimated 70 per cent of families in Latin America do not formally register their property due to complicated and expensive processes. Suyo seeks to change this. Photo: Suyo
  • Through Suyo, families can register their properties and live more securely as well as access loans. Photo: Suyo
    Through Suyo, families can register their properties and live more securely as well as access loans. Photo: Suyo
  • Suyo works with farm and factory workers, low-income families and large companies on properties in urban and rural areas. Photo: Suyo
    Suyo works with farm and factory workers, low-income families and large companies on properties in urban and rural areas. Photo: Suyo
  • The Expo Live grant has helped Suyo improve its technology and expand its work to help more families. Photo: Suyo
    The Expo Live grant has helped Suyo improve its technology and expand its work to help more families. Photo: Suyo
  • Suyo assists marginalised communities register their claim on family land in Colombia. Photo: Suyo
    Suyo assists marginalised communities register their claim on family land in Colombia. Photo: Suyo
  • Suyo presents a man with his documents that prove land ownership. Photo: Suyo
    Suyo presents a man with his documents that prove land ownership. Photo: Suyo
  • Munch Bowls is a company in South Africa that has developed an edible wheat bowl able to hold food, from hot soups to salads. Photo: Munch
    Munch Bowls is a company in South Africa that has developed an edible wheat bowl able to hold food, from hot soups to salads. Photo: Munch
  • The bowls are eco-friendly, edible, create no waste and are completely biodegradable. Photo: Expo 2020 Dubai
    The bowls are eco-friendly, edible, create no waste and are completely biodegradable. Photo: Expo 2020 Dubai
  • Munch bowls can hold hot soup for up to five hours before softening. Photo: Expo 2020 Dubai
    Munch bowls can hold hot soup for up to five hours before softening. Photo: Expo 2020 Dubai
  • The crisp wheat bowls, small saucers and canapes are manufactured in Cape Town and can keep for 15 months on a shelf. Photo: Expo 2020 Dubai
    The crisp wheat bowls, small saucers and canapes are manufactured in Cape Town and can keep for 15 months on a shelf. Photo: Expo 2020 Dubai
  • Bowls were initially kneaded and rolled by hand but the Expo Live grant was used to produce a moulding machine. Photo: Munch
    Bowls were initially kneaded and rolled by hand but the Expo Live grant was used to produce a moulding machine. Photo: Munch
  • The factory went from manually producing 1,500 bowls a day to 500 an hour. Photo: Munch
    The factory went from manually producing 1,500 bowls a day to 500 an hour. Photo: Munch
  • AgUnity is a start-up founded in 2016 in Australia to help more than 1 billion smallholder farmers in the world. Photo: Expo 2020 Dubai
    AgUnity is a start-up founded in 2016 in Australia to help more than 1 billion smallholder farmers in the world. Photo: Expo 2020 Dubai
  • AgUnity allows farmers to buy and sell their produce in a way that can maximise their profit. Photo: AgUnity
    AgUnity allows farmers to buy and sell their produce in a way that can maximise their profit. Photo: AgUnity
  • The AgUnity app was developed in Australia but is used in Papua New Guinea. Photo: Expo 2020 Dubai
    The AgUnity app was developed in Australia but is used in Papua New Guinea. Photo: Expo 2020 Dubai
  • The app enables farmers to record all transactions in an immutable ledger, to plan better, buy and sell more easily and share resources. Photo: AgUnity
    The app enables farmers to record all transactions in an immutable ledger, to plan better, buy and sell more easily and share resources. Photo: AgUnity
  • Tech engineer Abu Muadh (R) developed an app to help workers such as Abdul Qadeer (L) learn languages and improve work skills. Antonie Robertson / The National
    Tech engineer Abu Muadh (R) developed an app to help workers such as Abdul Qadeer (L) learn languages and improve work skills. Antonie Robertson / The National
  • Abu Muadh says Expo support gave his start-up much-needed exposure. Antonie Robertson / The National
    Abu Muadh says Expo support gave his start-up much-needed exposure. Antonie Robertson / The National
  • The app includes short video tutorials on how to introduce yourself in short sentences, gives practical information about shapes, colours and names of vegetables and fruit to familiarise workers with the language of the hospitality sector. Antonie Robertson / The National
    The app includes short video tutorials on how to introduce yourself in short sentences, gives practical information about shapes, colours and names of vegetables and fruit to familiarise workers with the language of the hospitality sector. Antonie Robertson / The National

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital

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.”

Tips from the expert

Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.

  1. Sellers should focus on providing high-quality used goods at attractive prices to buyers.
  2. It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
  3. Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
  4. Be creative and look around your home for valuable items that you no longer need but might be useful to others.
Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

Navdeep Suri, India's Ambassador to the UAE

There has been a longstanding need from the Indian community to have a religious premises where they can practise their beliefs. Currently there is a very, very small temple in Bur Dubai and the community has outgrown this. So this will be a major temple and open to all denominations and a place should reflect India’s diversity.

It fits so well into the UAE’s own commitment to tolerance and pluralism and coming in the year of tolerance gives it that extra dimension.

What we will see on April 20 is the foundation ceremony and we expect a pretty broad cross section of the Indian community to be present, both from the UAE and abroad. The Hindu group that is building the temple will have their holiest leader attending – and we expect very senior representation from the leadership of the UAE.

When the designs were taken to the leadership, there were two clear options. There was a New Jersey model with a rectangular structure with the temple recessed inside so it was not too visible from the outside and another was the Neasden temple in London with the spires in its classical shape. And they said: look we said we wanted a temple so it should look like a temple. So this should be a classical style temple in all its glory.

It is beautifully located - 30 minutes outside of Abu Dhabi and barely 45 minutes to Dubai so it serves the needs of both communities.

This is going to be the big temple where I expect people to come from across the country at major festivals and occasions.

It is hugely important – it will take a couple of years to complete given the scale. It is going to be remarkable and will contribute something not just to the landscape in terms of visual architecture but also to the ethos. Here will be a real representation of UAE’s pluralism.

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

Result

Crystal Palace 0 Manchester City 2

Man City: Jesus (39), David Silva (41)

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

UAE currency: the story behind the money in your pockets
Updated: May 11, 2023, 11:08 AM