The adoption of the 2030 Agenda for Sustainable Development by United Nations member states in 2015 marked a bold global commitment to reimagine a future shaped by justice, equity, peace and sustainability. The agenda’s 17 Sustainable Development Goals, or SDGs, have led to critical action on climate change, health and education. Yet progress remains uneven and fragile.
Over more than 40 years of working to protect children, I have seen the harsh reality and can say with certainty that no group bears the weight of injustice more than children. They are disproportionately affected by poverty and conflict, and in many parts of the world, they are pushed into exploitative labour, denied the chance to go to school, face poor health outcomes, and lack access to clean water and nutrition. These are not isolated challenges but interwoven injustices that rob children of their rights and freedom.
Despite many initiatives undertaken and millions of dollars spent, last year’s UN Sustainable Development Goals Report found that the world is on track to meet just 17 per cent of these SDG targets. I feel deeply ashamed that we have betrayed our children yet again by missing this year’s target of achieving SDG 8.7 – a commitment to ending all forms of child labour by 2025 as part of a broader effort to end slavery, trafficking and forced labour, including child soldiers.
Our promise to leave no one behind now seems hollow. Even before the Covid-19 pandemic, the world was off track with respect to Agenda 2030. It is appalling that in 2021, the number of child labourers worldwide increased from 152 million to 160 million. These are not mere numbers – these are children who have been denied justice, who are not free to enjoy their childhood, and who have work tools in their hands instead of books and toys. These are children who we have left behind.
We have created so many borders, walls and wars. The effect of conflict on children is catastrophic and often irreversible. Children do not create wars, insurgencies or natural disasters, nor are they responsible for any other humanitarian crisis. Nevertheless, they end up caught in the crossfire, often literally. More than 47 million children have been displaced by conflict and violence. Do we really want to pass on this legacy of fear, helplessness and violence to future generations?
In 2021, the number of child labourers worldwide increased from 152 million to 160 million
As a buzzword, the SDGs remain popular. Corporations, civil society groups and the media have embraced SDGs, often aligning their goals with them. But what real progress are we making? How can we claim to have achieved anything if we leave our children behind? For me, the yardstick of progress is that every child receives their fair share of resources under an umbrella of supportive policies and social protection.
Why have we failed? The gap between those suffering from problems and those who can solve them is vast and continues to grow every day. We lack the moral accountability and the responsibility to bridge this gap.
As global connectivity grows, we are seeing a paradox emerge in the global political environment between aggressive politics, aggressive faith and aggressive capitalism that is fostering a hyper-competitive and commercial society. Our behaviours have increasingly become transactional; often, we do only what will benefit us, even if it is at someone else’s cost.
The real, long-term solution is for us to remind ourselves, constantly, of our capacity for compassion. Based on this philosophy, I founded the Satyarthi Movement for Global Compassion (SMGC) last year, which calls for action in a world plagued by inequality, conflict and injustice. We need to “globalise” compassion.
What do I mean by this? The quality of compassion is traditionally perceived – and has been preached for ages – as a soft, gentle emotion. It is, in reality, a powerful force with transformative power. It is like the air we breathe. Without it, humanity will fail. Compassion is the only force that will unite us and allow us to look beyond our differences.
A definition of compassion based on my humble experience of almost half a century’s struggle for liberty, dignity and justice for every child is that it is the force born from feeling the suffering of others as one’s own, a force that drives mindful and selfless action to end that suffering. We need more of this in the world if we are to achieve the SDGs.
To increase the capacity of something, you need to be able to measure it in the first place. We are in the process of developing Compassion Quotient (CQ), which aims to measure individuals’ compassion in a similar way to measuring their Intelligence Quotient (IQ) or Emotional Quotient (EQ). Using a multidisciplinary approach, we are developing a comprehensive framework to measure and enhance the level of CQ in individuals and organisations.
One of our goals at SMGC is to integrate compassion, as a measurable and cultivable trait, into educational curriculums and leadership programmes. We also want to develop indices and metrics to assess compassionate action at a policy level, so as to eventually mainstream the idea of compassion being a guiding principle in global governance.
Compassion is essential to ending suffering, and while many leaders speak of it in their speeches, it is time we turn those words into action and hold ourselves accountable. We no longer have the luxury of merely showing intent. We have no choice now but to act with compassion and urgency.
Collectively, the world has never been wealthier – economically, intellectually or technologically. It is clear that we need to redefine our approach to life and society. We must build compassionate leadership in all walks of life, whether it is education, the judiciary, governance, or healthcare.
This evolution in our thinking would benefit everyone, but, again, most of all, it will benefit our children, who will one day be leaders in their own right, responsible for taking these ideas forward. I refuse to accept that, with all the resources at our disposal, we cannot ensure their freedom, safety, health and education. If we do that, they will be better-placed as adults to ensure it for the generations to follow.
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
Results
6.30pm: Dubai Millennium Stakes Group Three US$200,000 (Turf) 2,000m; Winner: Ghaiyyath, William Buick (jockey), Charlie Appleby (trainer).
7.05pm: Handicap $135,000 (T) 1,600m; Winner: Cliffs Of Capri, Tadhg O’Shea, Jamie Osborne.
7.40pm: UAE Oaks Group Three $250,000 (Dirt) 1,900m; Winner: Down On Da Bayou, Mickael Barzalona, Salem bin Ghadayer.
8.15pm: Zabeel Mile Group Two $250,000 (T) 1,600m; Winner: Zakouski, James Doyle, Charlie Appleby.
8.50pm: Meydan Sprint Group Two $250,000 (T) 1,000m; Winner: Waady, Jim Crowley, Doug Watson.
HAJJAN
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Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Retail gloom
Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.
It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.
The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.
TYPES%20OF%20ONLINE%20GIG%20WORK
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Results
Male 51kg Round 1
Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.
Male 54kg Round 1
Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1; Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2; Qais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0; Ayad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.
Male 57kg Round 1
Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0; Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1; Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0; Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.
Men 86kg Round 1
Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1
Men 63.5kg Round 1
Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.
Female 45kg quarter finals
Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.
Female 48kg quarter finals
Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2; Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points; Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.
Female 57kg quarter finals
Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1; Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1; Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Origin
Dan Brown
Doubleday
More from UAE Human Development Report:
360Vuz PROFILE
Date started: January 2017
Founder: Khaled Zaatarah
Based: Dubai and Los Angeles
Sector: Technology
Size: 21 employees
Funding: $7 million
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin
Fixtures
Tuesday - 5.15pm: Team Lebanon v Alger Corsaires; 8.30pm: Abu Dhabi Storms v Pharaohs
Wednesday - 5.15pm: Pharaohs v Carthage Eagles; 8.30pm: Alger Corsaires v Abu Dhabi Storms
Thursday - 4.30pm: Team Lebanon v Pharaohs; 7.30pm: Abu Dhabi Storms v Carthage Eagles
Friday - 4.30pm: Pharaohs v Alger Corsaires; 7.30pm: Carthage Eagles v Team Lebanon
Saturday - 4.30pm: Carthage Eagles v Alger Corsaires; 7.30pm: Abu Dhabi Storms v Team Lebanon
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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.”
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
MATCH INFO
Uefa Champions League quarter-final (first-leg score):
Juventus (1) v Ajax (1), Tuesday, 11pm UAE
Match will be shown on BeIN Sports
AWARDS
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Formula%204%20Italian%20Championship%202023%20calendar
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5