An environmental activist was detained after sticking a protest sign on a Monet painting, calling for action to protect food supplies from further damage to the climate. AP
An environmental activist was detained after sticking a protest sign on a Monet painting, calling for action to protect food supplies from further damage to the climate. AP
An environmental activist was detained after sticking a protest sign on a Monet painting, calling for action to protect food supplies from further damage to the climate. AP
An environmental activist was detained after sticking a protest sign on a Monet painting, calling for action to protect food supplies from further damage to the climate. AP

Activist arrested for attacking Monet painting in Paris


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A climate activist was arrested on Saturday for sticking an adhesive poster on a Monet painting at the Musee d'Orsay in Paris to draw attention to global warming, a police source told AFP.

The action by the woman, a member of "Riposte Alimentaire" (Food Response) - a group of environmental activists and defenders of sustainable food production - is the latest in a string of protests aimed at drawing attention to global warming by defacing art.

In a video posted on X, the woman, introducing herself as a "concerned citizen," is seen placing a blood-red poster over the "Coquelicots" (Poppy Field) painting by Claude Monet, a French Impressionist artist.

In the video she said of the poster covering Monet's art that "this nightmarish image awaits us if no alternative is put in place".

She added: "At four degrees, we can expect hell", a reference to forecasts saying that Earth's temperature could rise by 4 Celsius over pre-industrial levels by 2050.

Monet's painting, completed in 1873, shows people with umbrellas strolling in a blooming poppy field and is part of a special Musee d'Orsay show called "Paris 1874, Inventing Impressionism" that features 130 works by 31 artists.

A restoration expert examined the painting, which suffered no permanent damage, the Musee d'Orsay told AFP, adding that it had been put back on the wall.

"The exhibition is entirely accessible to the public again," a spokesperson said.

The museum would file a criminal complaint, the spokesperson added.

'We love art'

Some of Monet's works have sold for tens of millions of dollars, with his painting "Meules" ("Haystacks") fetching over $110 million including fees at an auction in 2019.

Riposte Alimentaire has claimed responsibility for several attacks on art in France in a bid to draw attention to the climate crisis and deteriorating food quality.

They included an attack on the world's most famous portrait, the "Mona Lisa", in the Louvre in January, when two protesters hurled soup at the bulletproof glass protecting Leonardo da Vinci's masterwork, saying they had a right to "healthy and sustainable food".

The attackers were sentenced by a Paris court to carry out volunteer work for a charity organisation.

People attend a protest as part of the Global Climate Strike of the movement 'Fridays for Future' in Vienna, Austria. Reuters
People attend a protest as part of the Global Climate Strike of the movement 'Fridays for Future' in Vienna, Austria. Reuters

In 2022, a man threw a custard pie at the Mona Lisa because, he said, artists were not focusing enough on "the planet".

In February, Riposte Alimentaire protesters again threw soup at a painting, this time in Lyon, south-east France, targeting another Monet painting, "Springtime".

Last month, activists also belonging to the group stuck flyers around "Liberty Leading the People", a painting by Eugene Delacroix in the Louvre.

In April, two of its members were arrested at the Musee d'Orsay, which is dedicated to 19th-Century art, suspected of preparing an action there.

Riposte Alimentaire calls itself a "French civil resistance movement which aims to spur a radical societal change for the environment and society".

"We love art," the movement has said, "but future artists will have nothing to paint on a burning planet."

Monet appears to be a favourite target for climate activists elsewhere, too, with paintings by the Impressionist having come under attack in Potsdam, Germany and Stockholm.

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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.”

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Updated: June 01, 2024, 3:54 PM