Dena Assaf, UN resident co-ordinator in the UAE, speaks on the role women can play in climate talks during a panel discussion in Abu Dhabi. Khushnum Bhandari / The National
Dena Assaf, UN resident co-ordinator in the UAE, speaks on the role women can play in climate talks during a panel discussion in Abu Dhabi. Khushnum Bhandari / The National
Dena Assaf, UN resident co-ordinator in the UAE, speaks on the role women can play in climate talks during a panel discussion in Abu Dhabi. Khushnum Bhandari / The National
Dena Assaf, UN resident co-ordinator in the UAE, speaks on the role women can play in climate talks during a panel discussion in Abu Dhabi. Khushnum Bhandari / The National

Cop28 an opportunity to amplify women's role in climate action, experts say


Anjana Sankar
  • English
  • Arabic

Women should be at the centre of climate action as they remain the most vulnerable to it, an expert panel heard in Abu Dhabi on Thursday.

The Arab region faces the heightened impact of climate change, made worse by a gender parity gap, making it important for women to play a pivotal role in climate negotiations and decision making, the panel heard.

Dena Assaf, the UN's resident co-ordinator in the UAE, said the twin problem painted a bleak picture.

“When we talk about impact of climate change in the Arab region, it is much greater than we probably have realised. Now, on top of that, the Arab region is not doing so well on the whole gender equality index,” said Ms Assaf.

The average temperature rise in the Arab region has been forecast at 4ºC, against the global average of 2ºC, she said.

The risks are even higher considering that 73 per cent of arable land in the Arab region faces the threat of desertification, with an economic impact of Dh33 billion ($9 billion), she said.

Extreme conditions

According to studies, the Arab region is more susceptible to higher temperature increases due to its large expanses of desert and lower groundwater levels.

Dangerous weather such as the deadly flash floods in Fujairah and Oman, as well as flooding in Qatar are examples of how climate change is affecting the Gulf region, a study by The Cyprus Institute’s Climate and Atmosphere Research Centre said.

Ms Assaf said the economic viability of women was in danger, especially as the agriculture sector is the second-largest employer of women in the Arab region, where female-run households are increasing daily due to protracted conflicts.

Climate change can also have a devastating effect on the region’s water supplies and food production systems, which experts believe could have a direct link to terrorism and extremism.

Against this backdrop, Ms Assaf said the existing gap in gender parity exacerbated the problem.

Although the UAE ranks first in the Arab world and 68th globally among the 146 countries in the 2022 Gender Gap Report by the World Economic Forum, Ms Assaf said its neighbours were still struggling.

“Three Arab countries are at the bottom of the index. So, we're not doing that great, [the] UAE being the best of the countries in the region and leading the way. We have a lot to improve upon.”

However, she said there was hope that the region had the potential and opportunity to move forward.

“We have already shown progress in many areas,” Ms Assaf said.

Hafsa Halawa, an independent consultant and Middle East analyst, said the Mena region, as a whole, was responding “poorly” to gender considerations within climate policies.

“Part of the problem stems from the very genuine governance challenges and socioeconomic challenges that a number of middle-income countries in the region face.”

Cop28 'an opportunity'

The panel, consisting of diplomats, academics, analysts and private sector representatives, discussed how Cop28 was an opportunity to push for women’s full and meaningful participation and address the most pressing issue of climate change.

Titled “The role of women leadership in advancing the climate agenda”, the panel was held at the Anwar Gargash Diplomatic Academy.

It was organised by the EU Delegation to the UAE, the Swedish embassy in Abu Dhabi, the Swedish Dialogue Institute for the Middle East and North Africa, and the academy.

Andrea Fontana, EU ambassador to the UAE, said it is the world's collective responsibility to ensure women's voices are represented in decision making. Khushnum Bhandari / The National
Andrea Fontana, EU ambassador to the UAE, said it is the world's collective responsibility to ensure women's voices are represented in decision making. Khushnum Bhandari / The National

Women remain underrepresented in climate forums and even fewer participate in negotiations on key climate issues such as climate funding, carbon emissions and measures to limit the use of fossil fuels, said ambassador Andrea Fontana from the EU mission in the UAE.

However, Cop28 has shown a commitment to advance their leadership, with the EU impressed by the appointment of Shamma Al Mazrui, UAE Minister of Community Development, and Razan Al Mubarak, President of the International Union for Conservation of Nature, as Youth Climate Champion and UN Climate Change High-Level Champion, respectively, he said.

“It is our collective responsibility to ensure that this [commitment] is followed up after the Cop by concrete actions so that women voices are represented in decision-making at the Cop and also in the UAE, EU and globally,” Mr Fontana said.

Emphasising the importance of promoting female leadership in efforts to address the climate crisis, Malak Abdullah, a UAE Cop28 youth delegate, highlighted the results of a survey conducted by a youth programme on climate change.

The survey found that women tend to be more engaged in climate activism than men, with 58 per cent of climate activists being female and the statistics showing “the significant role women play in driving action”.

Laila Abdullatif from Emirates Nature-WWF, said since eight in 10 people who are either displaced or affected by climate change are women, they had a unique perspective to offer.

“And hence, they should be involved in the co-creation of solutions,” she said.

Road to Cop28 launch event at Dubai Expo City: In pictures

  • Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and Cop28 President-designate, speaking at the Road to Cop28 launch event at Al Wasl Plaza, Expo City Dubai. All photos: Pawan Singh / The National
    Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and Cop28 President-designate, speaking at the Road to Cop28 launch event at Al Wasl Plaza, Expo City Dubai. All photos: Pawan Singh / The National
  • Minister of Climate Change and Environment Mariam Al Mheiri in conversation on stage at the event
    Minister of Climate Change and Environment Mariam Al Mheiri in conversation on stage at the event
  • Ms Al Mheiri with Minister of Community Development and and Cop28 Youth Climate Champion Shamma Al Mazrui, Youngo spokeswoman and lead on nationally determined contributions working group Shreya KC and UN climate change high-level champion Razan Al Mubarak, in discussion on stage
    Ms Al Mheiri with Minister of Community Development and and Cop28 Youth Climate Champion Shamma Al Mazrui, Youngo spokeswoman and lead on nationally determined contributions working group Shreya KC and UN climate change high-level champion Razan Al Mubarak, in discussion on stage
  • Shreya KC, a Nepali climate justice activist, addresses the event at Al Wasl Plaza
    Shreya KC, a Nepali climate justice activist, addresses the event at Al Wasl Plaza
  • Filipino award-winning poet, rapper and climate artist Meta Sarmiento on stage at the event
    Filipino award-winning poet, rapper and climate artist Meta Sarmiento on stage at the event
  • Visitors at the Road to Cop28 launch event
    Visitors at the Road to Cop28 launch event
  • An artist at work on an Emirati scene at the Road to Cop28 launch
    An artist at work on an Emirati scene at the Road to Cop28 launch
  • A model of an onyx – a UAE conservation success story – at the launch event
    A model of an onyx – a UAE conservation success story – at the launch event
  • A performer wearing a dress made from recycled material at the Road to Cop28 launch event at Al Wasl Plaza, Expo City Dubai
    A performer wearing a dress made from recycled material at the Road to Cop28 launch event at Al Wasl Plaza, Expo City Dubai
Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

NEW ARRIVALS

Benjamin Mendy (Monaco) - £51.75m (Dh247.94m)
Kyle Walker (Tottenham Hotspur) - £45.9m
Bernardo Silva (Monaco) - £45m
Ederson Moraes (Benfica) - £36m
Danilo (Real Madrid) - £27m
Douglas Luiz (Vasco de Gama) - £10.8m 

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

SPEC%20SHEET
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The specs

Price: From Dh180,000 (estimate)

Engine: 2.0-litre turbocharged and supercharged in-line four-cylinder

Transmission: Eight-speed automatic

Power: 320hp @ 5,700rpm

Torque: 400Nm @ 2,200rpm

Fuel economy, combined: 9.7L / 100km

The Equaliser 2

Director Antoine Fuqua

Starring: Denzel Washington, Bill Pullman, Melissa Leo, Ashton Sanders

Three stars

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The biog

Place of birth: Kalba

Family: Mother of eight children and has 10 grandchildren

Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken

Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah

Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”

Fixtures

Opening day Premier League fixtures for August 9-11

August 9

Liverpool v Norwich 11pm

August 10

West Ham v Man City 3.30pm

Bournemouth v Sheffield Utd 6pm

Burnley v Southampton 6pm

C Palace v Everton 6pm

Leicester v Wolves 6pm

Watford v Brighton 6pm

Tottenham v Aston Villa 8.30pm

August 11

Newcastle v Arsenal 5pm

Man United v Chelsea 7.30pm

 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Brahmastra%3A%20Part%20One%20-%20Shiva
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Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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The%20specs
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Updated: June 16, 2023, 8:59 AM