In a rapidly transforming world, the imperative of climate action demands more than technological innovation and policy reforms. It calls for a fundamental shift in our culture and education systems.
We stand at a pivotal juncture, with the energy transition poised to create 43 million jobs in renewable energy and 122 million in the broader energy transition workforce by 2050, according to latest research conducted by the International Renewable Energy Agency. The vital question then is: are we equipping our youth, the leaders of tomorrow, with the necessary skills and knowledge to take on these roles effectively?
To answer this central question, it’s paramount that global platforms such as the UN Framework Convention on Climate Change provide opportunities to project the voices of youth on the energy transition dialogue.
At Cop28, we will find exactly this. For the Cop28 Presidency has vowed to place an unprecedented emphasis on the voices of youth and the role of education in preparing young people to lead the charge towards a greener, more sustainable future.
The introduction of a Green Education Pavilion, as well as a day dedicated to youth, children, education and skills, signals a shift in how we approach climate discussions at global forums. And with the involvement of the Youth Climate Champion, Shamma Al Mazrui, the voices of young people are not just heard but will echo across the chambers of the decision-making halls at Cop28.
It’s paramount that global platforms provide opportunities to project the voices of youth on the energy transition dialogue
Our youth are not just beneficiaries of climate action, they are its drivers. Their innovation, passion and leadership are crucial in navigating the challenges of a world on fire. It’s not just about creating job opportunities. It’s about shaping thought leaders, innovators and change-makers who can steward our planet responsibly.
Young minds from around the globe will converge to exchange knowledge, foster innovation and drive the energy transition.
On the road to Cop28 for youth, the upcoming Student Energy Summit – the world’s largest student-led conference on energy – provides a crucial touchpoint that provides a clarion call for global youth engagement in the energy transition and also sets the stage for student-led climate action.
This summit, which aligns with the vision of the Cop28 Presidency, serves to engage youth in the dialogue and decision-making process of the energy transition. Hosted by New York University Abu Dhabi, this summit represents a convergence of bright young minds, provides a fertile ground for collaborative innovation, and fosters a dynamic exchange of ideas.
The Student Energy Summit, alongside other initiatives such as the Taqa Youth Forum, Masdar’s Youth 4 Sustainability and Irena’s Energy Transition Education Network, symbolises a broader shift towards valuing and investing in the creative and strategic capacities of our younger generation.
In this vein, Irena’s Teaching for Net Zero campaign, which will be launched on December 5 at the Greening Education Hub during Cop28, will further highlight the importance of educating the educators for a sustainable energy future.
Beyond these summits and youth-focused initiatives, the recent adoption of the UAE-led, Irena-supported resolution by the Unesco Executive Board on “Strengthening the Role of Culture and Education for Climate Action and Resilience” fortifies the structural foundation for these initiatives.
This resolution is not merely a document, it’s a commitment by member states to intertwine climate action with education and culture. It emphasises building capacities through networks such as biosphere reserves and global geoparks, to enrich our knowledge, skills and values essential for addressing our greatest environmental challenges. It’s a stepping-stone towards creating a robust, informed workforce capable of driving the energy transition.
A child stands in his family's yard as a wildfire burns nearby, in the village of Agios Charalampos near Athens, in July 2023. Europe saw record temperatures amid a relentless heatwave and wildfires that scorched vast regions of the Northern Hemisphere, forcing the evacuation of 1,200 children close to a Greek seaside resort. Health authorities sounded alarms from North America to Europe and Asia, urging people to stay hydrated and shelter from the burning sun, in a stark reminder of the effects of global warming. AFP
A resident uses a buoy to move through a flooded house after heavy rains in Bago township, in Myanmar's Bago region, in October. Floods sparked by record rain hit parts of southern Myanmar, inundating roads and fields and sending residents fleeing for higher ground. AFP
Ali Hakim, an Iraqi Marsh Arab man, Iooks at the remains of a buffalo that died due to drought and the salinity of the water at the Basra marshes, Iraq. Reuters
Iris Hsueh, left, and her fiance Ian Ciou pose for a pre-wedding photo in front of a rubbish heap in Puli Township, Taiwan. The couple chose the site for their photoshoot because the environment-conscious bride said she wanted to discourage guests and the public from generating waste. AFP
Residents of a riverside community in Amazonas state, Brazil, carry food and containers of drinking water distributed by the state's humanitarian aid action, amid a continuing drought and high temperatures that affect the region of the Solimoes River. AP
The edge of Larsen C Ice Shelf, left, and the western edge of iceberg A68 in the distance over the Antarctic in November 2017. The iceberg detached from the ice shelf in July 2017, becoming one of the largest in recorded history to split off from Antarctica. AFP
A man walks past construction vehicles submerged in debris caused by flash floods after a lake burst in Rangpo, India, in October. Reuters
A mobile home swept by floodwaters in Steinhatchee, Florida, in August 2023, after Hurricane Idalia made landfall. Idalia slammed into north-west Florida as an 'extremely dangerous' Category 3 storm, buffeting coastal communities as officials warned of 'catastrophic' flooding in parts of the southern US state. AFP
A floating solar farm, built on the site of a former coal mine since filled with water, in Huainan, China. The installation by Sungrow Power Supply Co covers the size of more than 400 football pitches and generates power for more than 100,000 homes. Getty Images
A handprint of glue left behind by an activist from the group Last Generation (Letzte Generation), after they were removed by police, is visible on the asphalt following a blockade at an intersection in Berlin, Germany, in September. Last Generation is continuing its disruptive protests in an effort to put pressure on politicians to stop the burning of fossil fuels. Getty Images
The UAE’s foresight in integrating culture and education into the climate conversation, as evidenced by the Unesco resolution, is a template for global action. The Greening Education Partnership, an initiative springing from this resolution, emphasises greening schools, transforming curriculums and enhancing teacher training. It’s about building an ecosystem where every learner is prepared to face and fight climate change.
From the moment the UAE was awarded the right to host Cop28, we knew that we had to go beyond just setting an agenda. We had to craft a vision for a future where youth-led initiatives are not just spotlighted but supported with the backing to succeed. If our approach towards climate change is to be truly holistic, it must encompass education, culture and the sciences.
As we approach Cop28, we should harness the vibrancy, ingenuity and courage of our youth, equipping them not just with the skills to undertake energy transition workforce jobs, but with a critical thinking mindset to shape a vision that can define our shared future.
The energy transition is not just a challenge, it’s an opportunity. An opportunity to rewire our societies, redefine our values and reimagine our future, with our youth leading the charge.
As we move forward, let’s remember that the involvement of youth in climate action isn’t just beneficial, it’s indispensable.
With each conference, summit and educational initiative, we’re not just preparing our youth for future jobs; we’re entrusting them with the stewardship of our planet. Their energy, creativity and vision are the catalysts for a sustainable, resilient future.
At Cop28 and beyond, let’s commit to not just including but prioritising the voices and ideas of our young leaders. Their participation today shapes our world tomorrow.
Dr Nawal Al-Hosany is the UAE’s permanent representative to the International Renewable Energy Agency. Beniamin Strzelecki is the co-chair of the 2023 Student Energy Summit
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.
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WHAT IS GRAPHENE?
It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.
Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.
By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.
In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics.
How The Debt Panel's advice helped readers in 2019
JL, a housewife from India, wrote to us about her husband, who died earlier this month. He left behind an outstanding loan of Dh240,000 and she was hoping to pay it off with an insurance policy he had taken out. She also wanted to recover some of her husband’s end-of-service liabilities to help support her and her son.
“I have no words to thank you for helping me out,” she wrote to The Debt Panel after receiving the panellists' comments. “The advice has given me an idea of the present status of the loan and how to take it up further. I will draft a letter and send it to the email ID on the bank’s website along with the death certificate. I hope and pray to find a way out of this.”
SL, a financial services employee from India, left the UAE in June after quitting his job because his employer had not paid him since November 2018. He owes Dh103,800 on four debts and was told by the panellists he may be able to use the insolvency law to solve his issue.
SL thanked the panellists for their efforts. "Indeed, I have some clarity on the consequence of the case and the next steps to take regarding my situation," he says. "Hopefully, I will be able to provide a positive testimony soon."
MS, an energy sector employee from South Africa, left the UAE in August after losing his Dh12,000 job. He was struggling to meet the repayments while securing a new position in the UAE and feared he would be detained if he returned. He has now secured a new job and will return to the Emirates this month.
“The insolvency law is indeed a relief to hear,” he says. "I will not apply for insolvency at this stage. I have been able to pay something towards my loan and credit card. As it stands, I only have a one-month deficit, which I will be able to recover by the end of December."
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
Tips for taking the metro
- set out well ahead of time
- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines
- enter the right cabin. The train may be too busy to move between carriages once you're on
- don't carry too much luggage and tuck it under a seat to make room for fellow passengers
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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The Scale for Clinical Actionability of Molecular Targets
WOMAN AND CHILD
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Series info
Test series schedule 1st Test, Abu Dhabi: Sri Lanka won by 21 runs; 2nd Test, Dubai: Play starts at 2pm, Friday-Tuesday
ODI series schedule 1st ODI, Dubai: October 13; 2nd ODI, Abu Dhabi: October 16; 3rd ODI, Abu Dhabi: October 18; 4th ODI, Sharjah: October 20; 5th ODI, Sharjah: October 23
T20 series schedule 1st T20, Abu Dhabi: October 26; 2nd T20, Abu Dhabi: October 27; 3rd T20, Lahore: October 29
Tickets Available at www.q-tickets.com
Stat Fourteen Fourteen of the past 15 Test matches in the UAE have been decided on the final day. Both of the previous two Tests at Dubai International Stadium have been settled in the last session. Pakistan won with less than an hour to go against West Indies last year. Against England in 2015, there were just three balls left.
Key battle - Azhar Ali v Rangana Herath Herath may not quite be as flash as Muttiah Muralitharan, his former spin-twin who ended his career by taking his 800th wicket with his final delivery in Tests. He still has a decent sense of an ending, though. He won the Abu Dhabi match for his side with 11 wickets, the last of which was his 400th in Tests. It was not the first time he has owned Pakistan, either. A quarter of all his Test victims have been Pakistani. If Pakistan are going to avoid a first ever series defeat in the UAE, Azhar, their senior batsman, needs to stand up and show the way to blunt Herath.
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
How it works
Booklava works on a subscription model. On signing up you receive a free book as part of a 30-day-trial period, after which you pay US$9.99 (Dh36.70) per month to gain access to a library of books and discounts of up to 30 per cent on selected titles. You can cancel your subscription at any time. For more details go to www.booklava.com
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
RESULTS
Bantamweight: Victor Nunes (BRA) beat Azizbek Satibaldiev (KYG). Round 1 KO
Welterweight: Daniel Skibinski (POL) beat Acoidan Duque (ESP). Round 3 TKO
Lightweight: Martun Mezhlumyan (ARM) beat Attila Korkmaz (TUR). Unanimous decision
Bantamweight: Ray Borg (USA) beat Jesse Arnett (CAN). Unanimous decision
Who has lived at The Bishops Avenue?
George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
Land was originally the Bishop of London's hunting park, hence the name
The road was laid out in the mid 19th Century, meandering through woodland and farmland
Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
