Today is the 50th anniversary of Earth Day. Unfortunately, there is little to celebrate as the world undergoes an unprecedented crisis.
In the run-up to this Earth Day, we find that we may not have done enough as global citizens to celebrate.
We have polluted oceans, destroyed forests, depleted wetlands, suffocated our blue planet with polluted air, introduced more invasive species, overconsumed natural resources and, most importantly, have not done enough to change our behaviour.
As we have impoverished Mother Earth to a great extent, there is little to celebrate and much more to commiserate.
We continue to impoverish our planet and steal the future of our children and many generations to come.
If we continue business as usual, we will see more droughts, heatwaves, land degradation and wildfires, like the ones that happened recently in Australia.
A World Weather Attribution study shows that the likelihood of fires like those in Australia could increase by 30 per cent due to climate change.
The increasing intensity and abruptness of floods, ocean acidification and drought would disrupt ecosystems and result in more frequent freak weather and climate patterns.
Some areas would get cooler, and others warmer. If predictions from climate modelling are to be believed, much of the Arctic Ocean will be free of ice by the middle of the century.
The US National Oceanic and Atmospheric Administration’s climate data centre showed that 2014 was the hottest year on record across the globe since 1880. However, the following five years have been even warmer.
WATCH Greta Thunberg's speech to Davos in full: 'Our house is still on fire'
We are witnessing one of the biggest challenges of our times in the form of Covid-19, but in the context of climate change, it brings temporary reprieve.
The air is cleaner, the water is clearer and less polluted, and animals and birds are exploring new areas of which they were previously – albeit temporarily – deprived.
Covid-19 has shown our vulnerabilities and may force us to take environmental issues more seriously
Our own data at the Environment Agency of Abu Dhabi shows a 50 per cent decline in nitrogen oxide levels as a result of measures taken in response to the pandemic.
The whole climate debate is split between those who believe in climate change and those who categorically deny it.
If the 2°F rise in global surface temperature in the past century, increasing droughts, frequency and increased intensity of hurricanes and heightened melting of glaciers are not enough to convince doubters, then we need greater introspection.
Conscious of this fact and the implications of climate change on humanity, in 1988 an Intergovernmental Panel on Climate Change was established by the United Nations Environment Programme. Today, it has 195 countries agreeing to work towards credible climate science. But is it not credible enough to prove that climate change is happening before our eyes?
Leaving global politics aside, we continue to make progress. Our third greenhouse gas inventory for Abu Dhabi addresses direct and indirect emissions, updates figures and estimates future emissions to 2030.
The report revealed that the year-on-year increase in emissions has been in line with growing demand for water and energy, coinciding with population growth and economic development.
Our mitigation measures continued growth consistent with the government’s aspirations to provide a better environment and better health for all.
Appropriate mitigation measures can achieve a 50 per cent reduction in carbon dioxide emissions per capita by 2030. We also envisage an overall 37 per cent expected reduction in greenhouse gas emissions in the energy sector.
These figures appear ambitious. However, we are fully committed to achieving them, especially by integrating the targets into our five-year strategy for 2021-2025.
We are making steady progress to contribute to the UAE’s ‘nationally determined contributions’ as part of the Paris Agreement.
Some of the major initiatives to combat climate change include the Urban Infrastructure Framework Plan 2030 for the city of Abu Dhabi; the development of a railway network; and increasing the amount of clean energy in the total energy mix to 24 per cent by 2021.
Unfortunately, these efforts alone would not be enough. We need more champions for climate change from all strata of society and beyond our borders.
We need to change our behaviour and our resource-consumption patterns. We also need to take stock of our carbon footprints to lessen our burden on the planet.
READ The UAE's making sure there is enough food at the table – and that it isn't wasted
The 24 hours of Earth Day 2020 make a powerful statement, but the work of protecting the environment needs more than just one day of our time to truly make a difference.
It also requires much greater commitment from nations and leaderships.Our actions must be sustained. This requires generations to come together and decades of action and new ideas.
We need a manifold increase in expenditure on climate change adaptation measures, rather than focusing spending on disaster relief and management in the aftermath.
We may now think we are doing our best, but it is still not good enough for the earth. Covid-19 has shown our vulnerabilities and may force us to take environmental issues more seriously.
Failing to understand and address climate change will make us more vulnerable still. It is time to be prepared and to foresee and invest in understanding disruptive forces, whether they are infectious diseases or climate change.
Only then would we have served humanity well and done our bit for the planet. Only then can we truly celebrate Earth Day.
Dr Shaikha Salem Al Dhaheri is secretary-general of Environment Agency – Abu Dhabi
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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
Company%20profile
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French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
Your rights as an employee
The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.
The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.
If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.
Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.
The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
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 five pillars of Islam
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
MATCH INFO
Euro 2020 qualifier
Ukraine 2 (Yaremchuk 06', Yarmolenko 27')
Portugal 1 (Ronaldo 72' pen)
The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.