Rachael McDonnell is deputy director general at the CGIAR International Water Management Institute
November 08, 2021
With an unprecedented number of droughts afflicting every corner of the world this year, it is clear that even the swiftest efforts to curb more variable rainfall and rising temperatures will be too late to prevent future water shortages.
A new report from the UN’s Intergovernmental Panel on Climate Change, shows clearly the scientific evidence of the changes over the past five decades, and predicts a future where droughts will increase in intensity and frequency in many parts of the world. This week, at Cop26 in Glasgow, the consequences of drought have been an important area of discussion.
And while climate action remains essential to reduce the severity and frequency of extreme weather, the most drought-threatened countries – including Morocco, Lebanon and Jordan – urgently need new strategies and technologies to cope with and pre-empt water scarcity.
For these countries that are already among the most water stressed in the world, and home to only 2 per cent of global renewable water, living with the real and constant threat of future droughts means rethinking water management in its entirety.
Countries across the Middle East and North Africa must draw on the Arab tradition of careful water stewardship to move from crisis management to proactive management, making use of new tools to keep the taps flowing.
The value of water has always been appreciated in the region, and this is reflected in cultural as well as practical measures. The falaj system of water sharing, for example, as seen in Al Ain the UAE, has always been important, both to supply water as well as to grow food. The engineering of the water tunnels and distribution channels ensured just enough water was carefully allocated to meet the needs of the local community but did not deplete resources.
In many countries, there is no official definition for when to declare a drought
With today’s increasing scarcity, the approach used for managing droughts must combine understanding the environment and the people, alongside adopting advanced technologies and good water governance.
A young Syrian shepherdess watches as her sheep graze in a harvested wheat field in the countryside of the northeastern city of Qamishli, on September 18. As climate change increases the likelihood of wild fires and drought worldwide, Syria's breadbasket region of Hasakeh has been hard hit by low rainfall. AFP
By adopting the "three pillars of drought management", the region can reduce the need to hold back water for agriculture in order to preserve it for commerce, tourism and sanitation.
The first pillar is accurate drought monitoring that can alert governments and authorities of the risk of a drought in time to take steps to manage its impact. Accurately predicting weather conditions beyond 14 days remains a huge challenge for even the most powerful computer models, but this data is critical for those managing water, particularly in farming.
Recent advances in technology have made it possible to use predictions, generated by some of the biggest global modelling centres, and tune them using artificial intelligence methods with recent, on-the-ground climate data so that they better represent the local conditions. This approach is still being tested in Morocco, Jordan and Lebanon but early indications are that going forward this will help manage drought.
Farmers ride a donkey-cart past dead palm trees in Morocco's oasis of Skoura, a rural area of 40 kms where the ground is dry and cracked. For centuries, Morocco's oases have been home to settlements and agriculture and been a buffer against desertification. AFP
The importance of early warning systems and mapping was reinforced during Jordan’s drought this year, when the government was able to identify affected farmers and make welfare payments to offset losses.
The second pillar is understanding who, how and what droughts affect so that mitigation measures can be directed appropriately, according to need and impact.
Agriculture, for example, is often the first sector to suffer from water shortages. But the expansion of indoor farming and hydroponics, as the UAE has prioritised, can help bring down water needs so that food production can continue even during periods of drought.
Finally, the third pillar brings together the first two – to develop a proactive drought plan in partnership with different government departments and agencies, who agree on their unique roles, responsibilities and actions before droughts happen.
In many countries, there is no official definition for when to declare a drought or a framework for different authorities to act. This means drought risk response and relief are not determined by verifiable evidence. As a result, affected communities risk being overlooked and resources misdirected.
Practically, governments and water agencies need better data and channels of communication to understand the looming risks to each resource and the possible consequences on the wider ecosystem.
Lebanon is also suffering from a water shortage.
Such drought plans can be continually updated based on research that tests and develops more drought-tolerant technologies and solutions to mitigate the impacts of future events.
In agriculture, it is important for farmers to be able to anticipate weather conditions up to the next three months. Initiatives like the USAID-funded Mena drought project, implemented by the International Water Management Institute, are using AI-enhanced methods and developing tools for seasonal forecasting, to fine tune global data sets to the local conditions.
Such modelling can help underpin management strategies, including holding back water during floods to replenish reserves, known as managed aquifer recharge. This is becoming increasingly popular in the region and can address the scarcity of groundwater as well as some of the complexities of managing water rights across borders.
Extreme and frequent droughts are here and are likely to stay, causing devastation in terms of food security, economic security and national security, especially for countries across the Middle East that are already vulnerable and exposed.
Policymakers must turn to science and research to make informed decisions about rapidly evolving circumstances to have the best chance of living with droughts now and in the future.
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
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.”
Profile
Company name: Jaib
Started: January 2018
Co-founders: Fouad Jeryes and Sinan Taifour
Based: Jordan
Sector: FinTech
Total transactions: over $800,000 since January, 2018
Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups
The Breadwinner
Director: Nora Twomey
Starring: Saara Chaudry, Soma Chhaya, Laara Sadiq
Three stars
Day 5, Abu Dhabi Test: At a glance
Moment of the day When Dilruwan Perera dismissed Yasir Shah to end Pakistan’s limp resistance, the Sri Lankans charged around the field with the fevered delirium of a side not used to winning. Trouble was, they had not. The delivery was deemed a no ball. Sri Lanka had a nervy wait, but it was merely a stay of execution for the beleaguered hosts.
Stat of the day – 5 Pakistan have lost all 10 wickets on the fifth day of a Test five times since the start of 2016. It is an alarming departure for a side who had apparently erased regular collapses from their resume. “The only thing I can say, it’s not a mitigating excuse at all, but that’s a young batting line up, obviously trying to find their way,” said Mickey Arthur, Pakistan’s coach.
The verdict Test matches in the UAE are known for speeding up on the last two days, but this was extreme. The first two innings of this Test took 11 sessions to complete. The remaining two were done in less than four. The nature of Pakistan’s capitulation at the end showed just how difficult the transition is going to be in the post Misbah-ul-Haq era.
How to apply for a drone permit
Individuals must register on UAE Drone app or website using their UAE Pass
Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
Upload the training certificate from a centre accredited by the GCAA
Submit their request
What are the regulations?
Fly it within visual line of sight
Never over populated areas
Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
Users must avoid flying over restricted areas listed on the UAE Drone app
Only fly the drone during the day, and never at night
50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias
Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match
WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura
Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe
United States Championship Jeff Hardy (champion) v Jinder Mahal
SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos
Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt
Casket match The Undertaker v Rusev
Singles match John Cena v Triple H
Cruiserweight Championship Cedric Alexander v Kalisto
Normcore explained
Something of a fashion anomaly, normcore is essentially a celebration of the unremarkable. The term was first popularised by an article in New York magazine in 2014 and has been dubbed “ugly”, “bland’ and "anti-style" by fashion writers. It’s hallmarks are comfort, a lack of pretentiousness and neutrality – it is a trend for those who would rather not stand out from the crowd. For the most part, the style is unisex, favouring loose silhouettes, thrift-shop threads, baseball caps and boyish trainers. It is important to note that normcore is not synonymous with cheapness or low quality; there are high-fashion brands, including Parisian label Vetements, that specialise in this style. Embraced by fashion-forward street-style stars around the globe, it’s uptake in the UAE has been relatively slow.
Starring:Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders
Director: Dean Fleischer Camp
Rating: 4.5/5
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
Chennai Knights, Lahore Sikandars, Pakhtoon Blasters, Abu Dhabi Stars, Abu Dhabi Dragons, Pakhtoon Warriors and Hyderabad Nawabs.
Squad rules
All teams consist of 15-player squads that include those contracted in the diamond (3), platinum (2) and gold (2) categories, plus eight free to sign team members.
Tournament rules
The matches are of 25 over-a-side with an 8-over power play in which only two fielders allowed outside the 30-yard circle. Teams play in a single round robin league followed by the semi-finals and final. The league toppers will feature in the semi-final eliminator.
Difference between fractional ownership and timeshare
Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.
Visibility: Often dramatic with thick "walls" of sand
Duration: Short-lived, typically localised
Travel distance: Limited
Source: Open desert areas with strong winds
Dust storm
Particle size: Much finer, lightweight particles
Visibility: Hazy skies but less intense
Duration: Can linger for days
Travel distance: Long-range, up to thousands of kilometres
Source: Can be carried from distant regions
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.