Sadhguru, left, says marginalised farmers need support before climate change sparks a mass migration from villages to cities. Photo: Save Soil
Sadhguru, left, says marginalised farmers need support before climate change sparks a mass migration from villages to cities. Photo: Save Soil
Sadhguru, left, says marginalised farmers need support before climate change sparks a mass migration from villages to cities. Photo: Save Soil
Sadhguru, left, says marginalised farmers need support before climate change sparks a mass migration from villages to cities. Photo: Save Soil

Indian climate guru calls for action at Cop29 to help world's small farmers


Ramola Talwar Badam
  • English
  • Arabic

An Indian climate guru will urge leaders at Cop29 to allocate billions in climate finance for small farmers, so they can learn vital techniques to protect the soil and regenerate farm land to help tackle the climate crisis.

Thousands of people representing governments around the world, companies, and environmental and human rights groups will gather in Azerbaijan from November 11 to discuss the threat of climate change.

Jaggi Vasudev, popularly known as Sadhguru, has a key message for the UN environmental summit in Baku, that more climate finance must be invested towards small farmers so they can focus on improving soil health, restoring biodiversity, boosting food security and generating profits.

The 67-year-old yogi warns the voices of marginalised farmers must be heard or the devastating impact of climate change will spark the mass displacement of millions from villages to cities.

There is a risk of significant social unrest if we do not take action
Sadhguru,
Indian yogi

“Right now, these hundreds of millions of farmers can only access 0.8 per cent of total climate finance [$660.2 billion]. If these farmers are not financially supported to transition to sustainable practices, there are going to be global challenges with food security,” Sadhguru told The National in an interview before the start of Cop 29 on Monday.

“The world is also not ready to take the burden of the mass migration this will cause from rural to urban areas. It is essential that small and marginal farmers are encouraged, supported and incentivised to take care of their land sustainably and to have a profitable livelihood. There is a risk of significant social unrest if we do not take action.”

The vast gap with only a tiny fraction of global finance going to smallholder farmers is reflected in UN Food and Agriculture Organisation studies.

Smallholder farmers typically have farmlands of five hectares or less. They account for 84 per cent of farms globally and produce one-third of the world's food while facing the brunt of droughts, wildfires and floods.

Make soil part of main agenda

Sadhguru, along with more than 70 non-government organisations, will hand over a policy document at Cop29 calling on the United Nations Framework Convention on Climate Change for financial assistance to smallholder farmers, so that it is economically viable for them to make environmentally friendly changes.

“This is intended to influence policymakers of all parties [at Cop29] to make soil a part of the main agenda and make climate finance easily accessible to farmers,” he said.

“Cop29 has the opportunity to acknowledge agriculture as both a mitigation and adaptation strategy for climate change. According to our research, agriculture soils conservatively have the potential to sequester 27 per cent of carbon that is needed to arrest the global temperature rise by two degrees.”

Rotating crops, spraying fewer chemicals and planting trees to rejuvenate degraded land can turn fields into vast sponges to absorb carbon dioxide.

Sadhguru leads the Save Soil movement and works with farming communities to enrich the soil with traditional techniques using animal waste, vegetation to allow microbes to thrive, ensure water retention and reduce soil erosion.

His message is that conventional farming, with its reliance on chemical fertilisers and pesticides, has caused the land to degrade. Sadhguru draws thousands of people to his meditation and yoga programmes. He has more than a billion views on YouTube and 12 million followers on Instagram who listen to him speak on climate action, environment, spirituality and health.

Change on the ground

The Save Soil network works with hundreds of thousands of farmers in India to help bring about change on the ground. Sadhguru spoke of an initiative that encouraged farmers to plant trees alongside conventional crops. This has proved profitable, while re-establishing the ecological balance on farmlands and preventing soil erosion.

Farmers in south India command a higher price for turmeric after planting trees in the same field and using animal waste as fertiliser. This process boosts the amount of curcumin, a component of turmeric that manages inflammatory conditions and arthritis.

Sadhguru says allocating resources to restoring soil health can help to ease the climate crisis. Chris Whiteoak / The National
Sadhguru says allocating resources to restoring soil health can help to ease the climate crisis. Chris Whiteoak / The National

“As a part of our on-ground projects, over the last 18 years we have 225,000 farmers converted to tree-based agriculture, whose incomes have gone up phenomenally. The nutritional value in the land has gone up and the water tables have come up,” Sadhguru said.

“Turmeric farmers who are doing it with tree-based agriculture, their crop yields have gone up. Not only that, their neighbours are selling turmeric in the same season at 7,000 rupees per quintal [$82 per 100 kilogram], but the tree-based agriculture farmers are selling it at 12,500 rupees [$150] per quintal simply because the curcumin value is much, much higher - simply because of the leaf and the organic material in the soil.”

'Understand what is happening to us'

Farmers hope the world will listen when Sadhguru and others speak in Baku, as the survival of small farmers around the world depends on them obtaining funds to boost the nutritional value of the food we eat.

“If world leaders listen and understand what is happening to us, it will make a difference," said Sachithanandam, 55, from India’s southern Tamil Nadu state. “Small farmers have no back-up when there is drought or floods, we face disasters every year.”

He has benefitted from growing more than 1,000 coconut, mango, banana and timbre trees in his rice fields, using cow manure and urine instead of chemical fertilisers.

Sadhguru is also calling for 'a concrete deadline to restore agriculture soils, that all parties sign up to'. Photo: Save Soil
Sadhguru is also calling for 'a concrete deadline to restore agriculture soils, that all parties sign up to'. Photo: Save Soil

“People must know that if you kill the soil, you are killing the health of future generations,” he said. “Chemical fertilisers kill micro-organisms, organic farming and growing trees has helped because the soil needs microbes to give food to the plants. There are farmers from our village who want to change but it takes time and not everyone can manage.”

TM Manickaraj, 75, switched to natural farming in his farm in the suburbs of India’s southern Coimbatore city. He uses manure from cows, goats and chickens and has ditched pesticide for a green chilli, garlic and ginger spray.

He has planted coffee, cocoa and nutmeg with fruit trees such as mango, guava, lemon, orange and fig, and mahogany, rosewood, neem and teak trees.

“We don’t use even a single gram of chemicals for pest control or fertiliser,” he said. “But it has not been easy and I have struggled because it takes time to go natural. If a farmer gets support, then a lot can be done.”

Stand up and deliver

Experts are hoping Cop29 will deliver finance for vulnerable groups.

Sadhguru also called for "a concrete deadline to restore agriculture soils, that all parties sign up to”.

Food systems found a place in the Cop28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action last year, when 159 countries committed to climate-positive action towards soil and agriculture.

The spotlight in Baku will be on increasing financial commitments to developing nations.

Simon Stiell, the UN Climate Change executive secretary, has called for Cop29 to be “the stand-and-deliver Cop” recognising that climate finance could save billions of lives and livelihoods from the effects of climate change.

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

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Moeen Ali, James Anderson, Jofra Archer, Jonny Bairstow, Dominic Bess, James Bracey, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Ben Foakes, Lewis Gregory, Keaton Jennings, Dan Lawrence, Jack Leach, Saqib Mahmood, Craig Overton, Jamie Overton, Matthew Parkinson, Ollie Pope, Ollie Robinson, Joe Root, Dom Sibley, Ben Stokes, Olly Stone, Amar Virdi, Chris Woakes, Mark Wood

Ovo's tips to find extra heat
  • Open your curtains when it’s sunny 
  • Keep your oven open after cooking  
  • Have a cuddle with pets and loved ones to help stay cosy 
  • Eat ginger but avoid chilli as it makes you sweat 
  • Put on extra layers  
  • Do a few star jumps  
  • Avoid alcohol   
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Director: Manuel Calvo
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UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
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  • £250m to train new AI models
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%3Cp%3E%3Cstrong%3ECPU%3A%3C%2Fstrong%3E%20Apple%20A15%20Bionic%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%2064GB%2C%20Wi-Fi%20only%3B%20128GB%2C%20Wi-Fi%20%2B%20ethernet%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206%2C%20Bluetooth%205.0%2C%20ethernet%20(Wi-Fi%20%2B%20ethernet%20model%20only)%2C%20IR%20receiver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20HDMI%2C%20ethernet%20(128GB%20model%20only)%3B%20Siri%20remote%20(charging%20via%20USB-C)%3B%20accessibility%20features%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20SDR%2FDolby%20Vision%2FHDR10%2B%20up%20to%202160p%20%40%2060fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPeripherals%3A%3C%2Fstrong%3E%20Compatible%20with%20HD%2FUHD%20TVs%20via%20HDMI%2C%20Bluetooth%20keyboards%2C%20AirPods%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPhoto%3A%3C%2Fstrong%3E%20GIF%2C%20HEIF%2C%20JPEG%2C%20TIFF%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColour%3A%3C%2Fstrong%3E%20Black%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20TV%204K%2C%20Siri%20remote%2C%20power%20cord%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh529%2C%20Wi-Fi%20only%3B%20Dh599%2C%20Wi-Fi%20%2B%20ethernet%3C%2Fp%3E%0A
How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

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COMPANY%20PROFILE
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A Kensington Palace Gardens house with 15 bedrooms is valued at more than £150 million.

A three-storey penthouse at Chelsea Waterfront bought for £22 million.

Steel company Evraz drops more than 10 per cent in trading after UK officials said it was potentially supplying the Russian military.

Sale of Chelsea Football Club is now impossible.

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.

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Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
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Stamp duty timeline

December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%

April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.

July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.

March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.

April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.

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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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Omar Yabroudi's factfile

Born: October 20, 1989, Sharjah

Education: Bachelor of Science and Football, Liverpool John Moores University

2010: Accrington Stanley FC, internship

2010-2012: Crystal Palace, performance analyst with U-18 academy

2012-2015: Barnet FC, first-team performance analyst/head of recruitment

2015-2017: Nottingham Forest, head of recruitment

2018-present: Crystal Palace, player recruitment manager

 

 

 

 

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