The Cop28 presidency has said agriculture and food production will take centre stage at the climate summit later this year.
Mariam Al Mheiri, Minister for Climate Change and Environment, on Monday unveiled the “food systems and agriculture agenda” for the crucial talks that aim to tackle the issue in four ways: galvanising national leadership; involving non-state actors; boosting innovation; and scaling up finance.
Launched at the UN Food Systems Summit in Rome, Ms Al Mheiri said it was the “strongest push ever given to food systems and agriculture in the Cop process”.
Ms Al Mheiri also called on governments to sign the first “leaders' declaration on food systems, agriculture and climate action”.
The declaration asks governments to put the agenda at the heart of plans to tackle climate change, embedding proposals with pledges to reduce emissions – known as nationally determined contributions – as well as in their biodiversity strategies and adaptation plans.
The launch came on the same day that UN chief Antonio Guterres told the summit global food systems were “broken” and a transformation was needed in how the world produces and consumes food. “Billions of people are paying the price,” he said.
Under the four pillars set out by Ms Al Mheiri, Cop28 will call for governments across the world to step up action on food systems and, secondly, work with non-state actors – businesses, cities, financial institutions, civil society, non-government organisations, indigenous people, academia and all other sections of society – to find solutions.
Thirdly, there will be a call for much more innovation in areas of adaptation (dealing with the effects of climate change) and mitigation (cutting emissions), while fourthly, governments will be urged to scale up finance to help fund the changes.
“The Cop28 presidency’s commitment to prioritising food systems demonstrates a dedication to address pressing global challenges,” said Ms Al Mheiri, also the Cop28 food systems lead.
“By mobilising national leadership, engaging non-state actors, scaling innovation and securing financing, Cop28 aims to drive transformative change to secure a sustainable future for all.”
Adapting to climate change
Unsustainable food production, packaging and consumption account for about a third of all greenhouse gas emissions, 70 per cent of the world’s freshwater usage and drives biodiversity loss, the UN has said.
Switching to renewable energy and adapting to climate change, such as using heat-tolerant crops and more efficient use of water, have been part of the solution and Ms Al Mheiri said it was important to increase the resilience of climate-vulnerable farmers and reduce food system-related emissions.
The Cop28 presidency also said it would unite businesses, farmer and producer organisations and other non-state actors to drive progress. This partnership will work with more than 15 leading chief executives and involve actors across each stage of the agriculture process from production to consumption and finance.
As part of this collaboration, an initiative was launched to promote the widespread adoption of regenerative agriculture in large food landscapes underpinned by procurement and investment commitments.
This drive will be co-chaired with the UN Climate Change High Level Champions; the World Business Council for Sustainable Development; and Boston Consulting Group.
During Cop28, one of the thematic days will be dedicated to food, agriculture and water to galvanise action.
Action on the issue has been building. At Cop26, the UAE and the US launched the Agriculture Innovation Mission for Climate (AIM for Climate). The fund aims to help prepare the agricultural sector for climate change. Billions of dollars in investment has been pledged so far by countries across the globe.
Cop27 in Egypt last year featured the first food systems pavilion and a thematic day dedicated to agriculture.
The UAE Cop28 team, meanwhile, has also been revealing more of its vision for the summit that takes place at Expo City Dubai from November 30 to December 12.
Dr Sultan Al Jaber, Cop28 President-designate, on July 13 said the summit would be based on four pillars – fast-tracking the energy transition, fixing climate finance, focusing on people and making inclusivity a hallmark.
He also said limiting global warming to 1.5°C was the “north star” of his plan for Cop28.
It comes after the UAE raised its own target for emissions cuts to 40 per cent this decade, up from 31 per cent.
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
Zayed Sustainability Prize
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
THE%20HOLDOVERS
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Mohammed bin Zayed Majlis
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Pathaan
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THREE POSSIBLE REPLACEMENTS
Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.
Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.
Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
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Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.
- It’s So Easy
- Mr Brownstone
- Chinese Democracy
- Welcome to the Jungle
- Double Talkin’ Jive
- Better
- Estranged
- Live and Let Die (Wings cover)
- Slither (Velvet Revolver cover)
- Rocket Queen
- You Could Be Mine
- Shadow of Your Love
- Attitude (Misfits cover)
- Civil War
- Coma
- Love Theme from The Godfather (movie cover)
- Sweet Child O’ Mine
- Wichita Lineman (Jimmy Webb cover)
- Wish You Were Here (instrumental Pink Floyd cover)
- November Rain
- Black Hole Sun (Soundgarden cover)
- Knockin’ on Heaven’s Door (Bob Dylan cover)
- Nightrain
Encore:
- Patience
- Don’t Cry
- The Seeker (The Who cover)
- Paradise City