A villager walks through the cracked bottom of a dried-out pond on a hot summer day at Bandai village in Pali district, Rajasthan, last week. AFP
A villager walks through the cracked bottom of a dried-out pond on a hot summer day at Bandai village in Pali district, Rajasthan, last week. AFP
A villager walks through the cracked bottom of a dried-out pond on a hot summer day at Bandai village in Pali district, Rajasthan, last week. AFP
A villager walks through the cracked bottom of a dried-out pond on a hot summer day at Bandai village in Pali district, Rajasthan, last week. AFP


India beat famine once – now it needs to tackle climate change


  • English
  • Arabic

May 24, 2022

Three powerful forces rippled across South Asia this spring, touching the lives of billions.

The first was a heat wave in northern India and Pakistan that was so severe that birds are dropping from the sky from heat stroke. The second was Cyclone Asani, which hurtled across the Bay of Bengal towards eastern India and Bangladesh, bringing on shore the threat of rain and huge flood damage. The third was a painful hike in oil and gas prices following Russia’s invasion of Ukraine that thanks to expensive subsidies is draining government coffers instead of household budgets.

Although reported as separate events, they are best understood as three facets of the same problem: the acceleration of climate change fuelled by South Asia’s increasingly carbon-hungry economies. And while governments are adopting ambitious climate action goals, events are moving much too quickly for policy making and implementation.

A case in point is the commitment Indian Prime Minister Narendra Modi made at last year's UN Climate Change Conference to achieve "net-zero" greenhouse gas emissions. Mr Modi received praise for breaking with decades of government policy. Unfortunately, though, the chosen target date of 2070 is literally 20 years past the 2050 threshold identified by scientific consensus as the tipping point for catastrophic change.

South Asia as a whole has a vested interest in making the energy transition sooner than later

India matters on the global climate stage because it is now the third-largest emitter of greenhouse gases after the US and China, and its share of global totals may even increase as its economy continues to grow. Indeed, successive governments have focused on delivering economic growth by expanding manufacturing, which requires ever larger quantities of affordable energy. Although there is a meaningful push towards wind and solar energy, as well as an increased use of electric vehicles, renewables are largely intended to replace oil and gas, which are largely imported and therefore expensive and insecure.

However, the bulk of power generation, which produces three times as much greenhouse gases as transportation, will continue to come from coal. Emissions-wise, coal is the most dangerous of all fossil fuels, but because it is domestically produced it is also the cheapest of all. In fact, it appears that New Delhi's plan is to expand its use until it becomes uneconomical – hence the 2070 date.

As recent events suggest, huge swathes of the Indian subcontinent might simply be unlivable by then, creating cascading conditions too overwhelming for future governments to cope with. South Asia is already more vulnerable to the human impact of climate change than almost any other place in the world. It is one of the most water-stressed regions globally, and especially vulnerable to mass displacement from rising sea levels in the Bay of Bengal. As a result, global institutions such as the World Bank and International Monetary Fund rank that part of the world at the very top for climate risks.

High tides approach shore due to the formation of cyclonic storm Asani in the Bay of Bengal, at Foreshore Estate beach in Chennai, last week. EPA
High tides approach shore due to the formation of cyclonic storm Asani in the Bay of Bengal, at Foreshore Estate beach in Chennai, last week. EPA

South Asia as a whole has a vested interest in making the energy transition sooner than later, a motive that transcends the question of western pressures and hypocrisy. Decarbonising the economy is about far more than looking "responsible" in international forums. It is about acting while there is still time to avert widespread food insecurity, damage to private and public property and political instability.

All this may sound unprecedented, perhaps even overwhelming, but the region faced an existential challenge in the 1950s and 60s. An exploding population and repeated crop failures offered the prospect of ever-worsening hunger. But instead of falling prey to famines and a permanent dependence on American food aid, the region rapidly expanded grain production from the mid-1960s onwards. This was thanks to an agri-technology partnership between a range of institutions in the US on the one hand and the governments of India and Pakistan on the other.

The region benefited immensely from the so-called Green Revolution – and now it is time for another, only on a bigger and broader scale.

The possibility of a repeat certainly exists. South Asia, and India in particular, has the capital, the talent and the entrepreneurial energy that is simply raring to go and capable of building new ventures either on its own or in technical and financial partnerships with counterparts in the US and EU. The only thing missing is urgency of the sort governments showed in the 1960s.

The Green Revolution played a significant part in helping South Asian countries transform themselves from low-income economies into middle-income ones. Investing in new technologies instead of holding on to polluting old ones could provide a similar boost. But that promise of "green growth" only holds if governments commit to change sooner rather than later. If they wait too long, the only opportunities left will be minimising losses rather than making gains.

Norman Borlaug, the late American agronomist, played a major role in India's 'Green Revolution'. Getty Images
Norman Borlaug, the late American agronomist, played a major role in India's 'Green Revolution'. Getty Images
British Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi attend Cop26 in Glasgow last November. Reuters
British Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi attend Cop26 in Glasgow last November. Reuters

It should be remembered that despite international collaboration, the Green Revolution strengthened both India and Pakistan’s sovereignty through food security. Although the US provided improved seed varieties and the requisite training, the processes involved were soon indigenised, allowing both countries to press on irrespective of the ebbs and flows in their relations with Washington in the subsequent years.

Today, South Asia cannot count on sustained American leadership to save it from a climate catastrophe. The US elected Donald Trump to the presidency in 2016 in part because of the grassroots appeal of his climate denialism. Mr Trump, or someone with his worldview, could win the presidency in 2024. Concerns about such a possibility should provide governments in the subcontinent the motivation to lock in collaborations with the US while the political atmosphere in Washington is still favourable.

The interplay between ocean, atmosphere, ecology, technology, economy and politics may seem too much for the general public to grasp, but this is where South Asia’s everyday institutions need to step up. From newspapers to television, schools and universities, the climate question needs to move from the periphery to the centre of the national conversations, alongside more household topics such as economic growth and national unity.

After all, without timely climate action, it is unclear if the survival or let alone growth of nation states will remain possible.

Euro 2020

Group A: Italy, Switzerland, Wales, Turkey 

Group B: Belgium, Russia, Denmark, Finland

Group C: Netherlands, Ukraine, Austria, 
Georgia/Kosovo/Belarus/North Macedonia

Group D: England, Croatia, Czech Republic, 
Scotland/Israel/Norway/Serbia

Group E: Spain, Poland, Sweden, 
N.Ireland/Bosnia/Slovakia/Ireland

Group F: Germany, France, Portugal, 
Iceland/Romania/Bulgaria/Hungary

Sreesanth's India bowling career

Tests 27, Wickets 87, Average 37.59, Best 5-40

ODIs 53, Wickets 75, Average 33.44, Best 6-55

T20Is 10, Wickets 7, Average 41.14, Best 2-12

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

The Africa Institute 101

Housed on the same site as the original Africa Hall, which first hosted an Arab-African Symposium in 1976, the newly renovated building will be home to a think tank and postgraduate studies hub (it will offer master’s and PhD programmes). The centre will focus on both the historical and contemporary links between Africa and the Gulf, and will serve as a meeting place for conferences, symposia, lectures, film screenings, plays, musical performances and more. In fact, today it is hosting a symposium – 5-plus-1: Rethinking Abstraction that will look at the six decades of Frank Bowling’s career, as well as those of his contemporaries that invested social, cultural and personal meaning into abstraction. 

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

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. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

UAE%20ILT20
%3Cp%3E%3Cstrong%3EMarquee%20players%3A%3C%2Fstrong%3E%3Cbr%3EMoeen%20Ali%2C%20Andre%20Russell%2C%20Dawid%20Malan%2C%20Wanindu%20Hasiranga%2C%20Sunil%20Narine%2C%20Evin%20Lewis%2C%20Colin%20Munro%2C%20Fabien%20Allen%2C%20Sam%20Billings%2C%20Tom%20Curran%2C%20Alex%20Hales%2C%20Dushmantha%20Chameera%2C%20Shimron%20Hetmyer%2C%20Akeal%20Hosein%2C%20Chris%20Jordan%2C%20Tom%20Banton%2C%20Sandeep%20Lamichhane%2C%20Chris%20Lynn%2C%20Rovman%20Powell%2C%20Bhanuka%20Rajapaksa%2C%20Mujeeb%20Ul%20Rahman%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInternational%20players%3A%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ELahiru%20Kumara%2C%20Seekugge%20Prassanna%2C%20Charith%20Asalanka%2C%20Colin%20Ingram%2C%20Paul%20Stirling%2C%20Kennar%20Lewis%2C%20Ali%20Khan%2C%20Brandon%20Glover%2C%20Ravi%20Rampaul%2C%20Raymon%20Reifer%2C%20Isuru%20Udana%2C%20Blessing%20Muzarabani%2C%20Niroshan%20Dickwella%2C%20Hazaratullah%20Zazai%2C%20Frederick%20Klassen%2C%20Sikandar%20Raja%2C%20George%20Munsey%2C%20Dan%20Lawrence%2C%20Dominic%20Drakes%2C%20Jamie%20Overton%2C%20Liam%20Dawson%2C%20David%20Wiese%2C%20Qais%20Ahmed%2C%20Richard%20Gleeson%2C%20James%20Vince%2C%20Noor%20Ahmed%2C%20Rahmanullah%20Gurbaz%2C%20Navin%20Ul%20Haq%2C%20Sherfane%20Rutherford%2C%20Saqib%20Mahmood%2C%20Ben%20Duckett%2C%20Benny%20Howell%2C%20Ruben%20Trumpelman%3C%2Fp%3E%0A
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

The specs

Engine: 2.9-litre twin-turbo V6

Power: 540hp at 6,500rpm

Torque: 600Nm at 2,500rpm

Transmission: Eight-speed auto

Kerb weight: 1580kg

Price: From Dh750k

On sale: via special order

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Updated: May 24, 2022, 10:20 AM