Brazil has halved deforestation in the Amazon in two years, showing that concrete climate action is possible. EPA
Brazil has halved deforestation in the Amazon in two years, showing that concrete climate action is possible. EPA
Brazil has halved deforestation in the Amazon in two years, showing that concrete climate action is possible. EPA
Brazil has halved deforestation in the Amazon in two years, showing that concrete climate action is possible. EPA


Brazil's Lula da Silva: Cop30 promises to be a moment of truth


Lula Da Silva
Lula Da Silva
  • English
  • Arabic

November 06, 2025

Today, in the Brazilian Amazon, the Belem Summit opens ahead of the 30th United Nations Climate Change Conference (Cop30). I have convened world leaders in the days leading up to the Cop so that we can all commit to acting with the urgency the climate crisis demands.

If we fail to move beyond speeches into real action, our societies will lose faith, not only in the Cops, but in multilateralism and international politics more broadly. That is why I have summoned leaders to the Amazon: to make this the Cop of Truth, the moment we demonstrate the seriousness of our shared commitment to the planet.

Humanity has shown its ability to overcome great challenges when it acts together and guided by science. We protected the ozone layer. The global response to the Covid-19 pandemic proved that the world can act decisively when there is courage and political will.

Brazil hosted the Earth Summit in 1992. We approved the Conventions on Climate, Biodiversity and Desertification, and adopted principles that defined a new paradigm for preserving our planet and our humanity. Over the past 33 years, these gatherings have produced important agreements and targets for reducing greenhouse gas emissions – from ending deforestation by 2030 to tripling renewable energy use.

We want the world to see the true state of the forests, the planet’s largest river basin, and the millions of people who live in the region

More than three decades later, the world returns to Brazil to confront climate change. It is no coincidence that Cop30 takes place in the heart of the Amazon rainforest. This is an opportunity for politicians, diplomats, scientists, activists and journalists to witness the reality of the Amazon.

We want the world to see the true state of the forests, the planet’s largest river basin, and the millions of people who live in the region. Cops cannot be mere showcases of good ideas or annual gatherings for negotiators. They must be moments of contact with reality and of effective action to tackle climate change.

To confront this crisis together, we need resources. And we must recognise that the principle of common but differentiated responsibilities remains the non-negotiable foundation of any climate pact.

That is why the Global South demands greater access to resources – not out of charity, but justice. Rich countries have benefited most from the carbon-based economy. They must now rise to their responsibilities, not only by making commitments but by honouring their debts.

Brazil is doing its part. In just two years, we have already halved deforestation in the Amazon, showing that concrete climate action is possible.

In Belem, we will launch an innovative initiative to preserve forests: the Tropical Forests Forever Facility (TFFF). It is innovative because it operates as an investment fund, not a donation mechanism. The TFFF will reward those who keep their forests standing and those who invest in the fund. A genuine win-win approach to tackling climate change. Leading by example, Brazil has announced a $1 billion investment in the TFFF, and we expect equally ambitious announcements from other countries.

We also set an example by becoming the second country to present a new Nationally Determined Contribution (NDC). Brazil has committed to reducing its emissions by 59 to 67 per cent, covering all greenhouse gases and all sectors of the economy.

In this spirit, we call on all countries to present equally ambitious NDCs and to implement them effectively.

The energy transition is fundamental to meeting Brazil’s NDC. Our energy matrix is among the cleanest in the world, with 88 per cent of our electricity coming from renewable sources. We lead in biofuels and are advancing in wind, solar and green hydrogen energy.

Redirecting revenues from oil production to finance a just, orderly and equitable energy transition will be essential. Over time, oil companies worldwide, including Brazil’s Petrobras, will transform into energy companies, because a growth model based on fossil fuels cannot last.

People must be at the centre of political decisions about climate and the energy transition. We must recognise that the most vulnerable sectors of our society are the most affected by the impacts of climate change, which is why just transition and adaptation plans must aim to combat inequality.

We cannot forget that two billion people lack access to clean technologies and fuels for cooking, and 673 million still live with hunger. In response, we will launch in Belem a Declaration on Hunger, Poverty and Climate. Our commitment to fight global warming must be directly linked to the fight against hunger.

It is also fundamental that we advance the reform of global governance. Today multilateralism suffers from the paralysis of the UN Security Council. Created to preserve peace, it has failed to prevent wars. It is our duty, therefore, to fight for the reform of this institution.

At Cop30, we will advocate for the creation of a UN Climate Change Council linked to the General Assembly. It would be a new governance structure with the force and legitimacy to ensure that countries deliver on their promises, and an effective step towards reversing the current paralysis of the multilateral system.

At every Climate Conference, we hear many promises but see too few real commitments. The era of declarations of good intentions has ended: the time for action plans has arrived. That is why today we begin the Cop of Truth.

Match info

Bournemouth 1 (King 45 1')
Arsenal 2 (Lerma 30' og, Aubameyang 67')

Man of the Match: Sead Kolasinac (Arsenal)

Brief scores:

Everton 2

Walcott 21', Sigurdsson 51'

Tottenham 6

Son 27', 61', Alli 35', Kane 42', 74', Eriksen 48'​​​​​​​

Man of the Match: Son Heung-min (Tottenham Hotspur)

UAE currency: the story behind the money in your pockets
1971: The Year The Music Changed Everything

Director: Asif Kapadia

4/5

Results

1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec

2. Max Verstappen (Red Bull-Honda) at 0.745s

3. Valtteri Bottas (Mercedes) 37.383s

4. Lando Norris (McLaren) 46.466s

5.Sergio Perez (Red Bull-Honda) 52.047s

6. Charles Leclerc (Ferrari) 59.090s

7. Daniel Ricciardo (McLaren) 1:06.004

8. Carlos Sainz Jr (Ferrari) 1:07.100

9. Yuki Tsunoda (AlphaTauri-Honda) 1:25.692

10. Lance Stroll (Aston Martin-Mercedes) 1:26.713,

Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

Abramovich London

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.

DUBAI SEVENS 2018 DRAW

Gulf Men’s League
Pool A – Dubai Exiles, Dubai Hurricanes, Bahrain, Dubai Sports City Eagles
Pool B – Jebel Ali Dragons, Abu Dhabi Saracens, Abu Dhabi Harlequins, Al Ain Amblers

Gulf Men’s Open
Pool A – Bahrain Firbolgs, Arabian Knights, Yalla Rugby, Muscat
Pool B – Amman Citadel, APB Dubai Sharks, Jebel Ali Dragons 2, Saudi Rugby
Pool C – Abu Dhabi Harlequins 2, Roberts Construction, Dubai Exiles 2
Pool D – Dubai Tigers, UAE Shaheen, Sharjah Wanderers, Amman Citadel 2

Gulf U19 Boys
Pool A – Deira International School, Dubai Hurricanes, British School Al Khubairat, Jumeirah English Speaking School B
Pool B – Dubai English Speaking College 2, Jumeirah College, Dubai College A, Abu Dhabi Harlequins 2
Pool C – Bahrain Colts, Al Yasmina School, DESC, DC B
Pool D – Al Ain Amblers, Repton Royals, Dubai Exiles, Gems World Academy Dubai
Pool E – JESS A, Abu Dhabi Sharks, Abu Dhabi Harlequins 1, EC

Gulf Women
Pool A – Kuwait Scorpions, Black Ruggers, Dubai Sports City Eagles, Dubai Hurricanes 2
Pool B – Emirates Firebirds, Sharjah Wanderers, RAK Rides, Beirut Aconites
Pool C – Dubai Hurricanes, Emirates Firebirds 2, Abu Dhabi Saracens, Transforma Panthers
Pool D – AUC Wolves, Dubai Hawks, Abu Dhabi Harlequins, Al Ain Amblers

Gulf U19 Girls
Pool A – Dubai Exiles, BSAK, DESC, Al Maha
Pool B – Arabian Knights, Dubai Hurricanes, Al Ain Amblers, Abu Dhabi Harlequins

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

The Written World: How Literature Shaped History
Martin Puchner
Granta

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Ipaf in numbers

Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

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Updated: November 06, 2025, 4:25 AM