Sheikha Shamma bint Sultan called for further innovation and investment to pave the way for a more sustainable future for all. Victor Besa / The National
Sheikha Shamma bint Sultan called for further innovation and investment to pave the way for a more sustainable future for all. Victor Besa / The National
Sheikha Shamma bint Sultan called for further innovation and investment to pave the way for a more sustainable future for all. Victor Besa / The National
Sheikha Shamma bint Sultan called for further innovation and investment to pave the way for a more sustainable future for all. Victor Besa / The National

Sheikha Shamma says deadly floods highlight need to combat climate change


Anjana Sankar
  • English
  • Arabic

Devastating floods in Pakistan and the UAE in recent months demonstrated the urgent need to take action on the "global issue" of climate change, a leading Emirati environmental campaigner said.

Sheikha Shamma bint Sultan, chief executive and founder of the Alliances for Global Sustainability and co-founder of Aurora50, called for further innovation and investment to pave the way for a more sustainable future for all.

Speaking at the Countdown to Cop27 event, being held at Jumeirah at Saadiyat Island Resort, she welcomed a shift in attitudes on green issues but said there was more still to be done.

Experts say global warming is likely to have played a role in the floods in Pakistan last month that left vast areas of the country under water and led to about 1,500 deaths.

In July, we experienced flash floods in my country that we have never seen before
Sheikha Shamma bint Sultan

In the UAE Seven people died and more than 800 were rescued and thousands more placed in temporary accommodation in Sharjah, Ras Al Khaimah and Fujairah after a summer deluge led to widespread flooding in July.

“Climate change is a global issue. My region, the Middle East, is four times more affected than the global average," said Sheikha Shamma, who is the granddaughter of the late president, Sheikh Khalifa.

"This summer we have seen devastating floods in Pakistan and in my country.

"In July, we experienced flash floods in my country that we have never seen before.”

  • A boy wades through floodwater at Sohbatpur, Balochistan province. AFP
    A boy wades through floodwater at Sohbatpur, Balochistan province. AFP
  • Millions of people were displaced by the floods in Pakistan. AFP
    Millions of people were displaced by the floods in Pakistan. AFP
  • Basic food is in short supply in many areas. EPA
    Basic food is in short supply in many areas. EPA
  • Motorways in Sehwan are flooded, making road travel impossible. Reuters
    Motorways in Sehwan are flooded, making road travel impossible. Reuters
  • People take shelter inside a school in the aftermath of floods in Karachi. EPA
    People take shelter inside a school in the aftermath of floods in Karachi. EPA
  • Much of the country remains submerged after torrential monsoon rain. Reuters
    Much of the country remains submerged after torrential monsoon rain. Reuters
  • Displaced families queue for relief aid in Jaffarabad. AP
    Displaced families queue for relief aid in Jaffarabad. AP
  • Actress and humanitarian Angelina Jolie attends a briefing at the National Flood Response and Coordination Centre in Islamabad. She said she was horrified by the aftermath of the flooding. Reuters
    Actress and humanitarian Angelina Jolie attends a briefing at the National Flood Response and Coordination Centre in Islamabad. She said she was horrified by the aftermath of the flooding. Reuters
  • A pregnant woman carries water as she take a refuge at a camp in Jaffarabad. AP
    A pregnant woman carries water as she take a refuge at a camp in Jaffarabad. AP
  • Displaced flood-affected families travel on a tractor trailer with their belongings near a makeshift camp at Dera Allah Yar in Jaffarabad. AFP
    Displaced flood-affected families travel on a tractor trailer with their belongings near a makeshift camp at Dera Allah Yar in Jaffarabad. AFP
  • Edhi rescue workers search for bodies of flood victims who were washed away in the Indus river near Hyderabad, Sindh province. EPA
    Edhi rescue workers search for bodies of flood victims who were washed away in the Indus river near Hyderabad, Sindh province. EPA
  • Food rations to be distributed to flood-affected people are sorted in Larkana. EPA
    Food rations to be distributed to flood-affected people are sorted in Larkana. EPA
  • About 160 bridges and 5,000km of roads have been destroyed or damaged, 3.5 million acres of crops affected and about 800,000 livestock lost nationwide. AFP
    About 160 bridges and 5,000km of roads have been destroyed or damaged, 3.5 million acres of crops affected and about 800,000 livestock lost nationwide. AFP
  • More than 33 million people have been affected by floods in Pakistan. AP
    More than 33 million people have been affected by floods in Pakistan. AP

Sheikha Shamma is at the forefront of UAE efforts to protect the planet.

She recently received the Young Leaders in the Field of Climate Change award from Trends Research & Advisory, continuing the sustainability legacy started by her grandfather.

She received the award while participating in the Trends–Atlantic Council's second annual conference, under the theme of Sustainable Security of the Middle East: Climate Change Challenges and Prospects, in Washington.

The award marked the culmination of a successful visit to the US that included Sheikha Shamma meeting several senior figures to discuss climate change.

Sheikha Shamma said she was focused on helping to shape policies to accelerate the UAE's transition to clean energy, working with the private and public sectors to achieve these goals.

A welcome shift in attitudes

She said she was encouraged by a change of mindset in the UAE from businesses and members of the public.

“Not too long ago, we had a ban on plastic waste. Now I see people with their reusable bags. And so, there is a shift happening. Organisations are changing as well. I think people are becoming a lot more aware of the impact as an individual on the planet.”

She said the UAE was leading the way on sustainability.

“It is the first country [in the region] to ratify the Paris Climate Change Agreement. It is the first country to set a [target of] net zero by 2050.”

She called for the introduction of an independent body in the region to hold producers accountable for surplus waste.

“So, who is going to technically take responsibility, and who is going to pay for the extra financial costs of the waste produced?"

She said placing “extra financial cost on the producers and making them responsible for products they are creating” is critical.

She said there is momentum for further research and development for eco-friendly projects.

“At the moment, it's not enough but I do think it's an opportunity.”

She said the circular economy ― which has a heavy focus on promoting recycling ― could be worth $130 billion by 2030 if the transition happens.

"So, my hope is that we invest in innovation, we invest in research, and we look at solutions from a national level," she said.

The Abu Dhabi Awards explained:

What are the awards? They honour anyone who has made a contribution to life in Abu Dhabi.

Are they open to only Emiratis? The awards are open to anyone, regardless of age or nationality, living anywhere in the world.

When do nominations close? The process concludes on December 31.

How do I nominate someone? Through the website.

When is the ceremony? The awards event will take place early next year.

MATCH INFO

Europa League final

Who: Marseille v Atletico Madrid
Where: Parc OL, Lyon, France
When: Wednesday, 10.45pm kick off (UAE)
TV: BeIN Sports

'Hocus%20Pocus%202'
%3Cp%3EDirector%3A%20Anne%20Fletcher%3Cbr%3E%3Cbr%3EStars%3A%20Bette%20Midler%2C%20Sarah%20Jessica%20Parker%2C%20Kathy%20Najimy%3Cbr%3E%3Cbr%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

UAE%20athletes%20heading%20to%20Paris%202024
%3Cp%3E%3Cstrong%3EEquestrian%3C%2Fstrong%3E%3Cbr%3EAbdullah%20Humaid%20Al%20Muhairi%2C%20Abdullah%20Al%20Marri%2C%20Omar%20Al%20Marzooqi%2C%20Salem%20Al%20Suwaidi%2C%20and%20Ali%20Al%20Karbi%20(four%20to%20be%20selected).%3Cbr%3E%3Cstrong%3EJudo%3C%2Fstrong%3E%3Cbr%3EMen%3A%20Narmandakh%20Bayanmunkh%20(66kg)%2C%20Nugzari%20Tatalashvili%20(81kg)%2C%20Aram%20Grigorian%20(90kg)%2C%20Dzhafar%20Kostoev%20(100kg)%2C%20Magomedomar%20Magomedomarov%20(%2B100kg)%3B%20women's%20Khorloodoi%20Bishrelt%20(52kg).%3Cbr%3E%3Cbr%3E%3Cstrong%3ECycling%3C%2Fstrong%3E%3Cbr%3ESafia%20Al%20Sayegh%20(women's%20road%20race).%3Cbr%3E%3Cbr%3E%3Cstrong%3ESwimming%3C%2Fstrong%3E%3Cbr%3EMen%3A%20Yousef%20Rashid%20Al%20Matroushi%20(100m%20freestyle)%3B%20women%3A%20Maha%20Abdullah%20Al%20Shehi%20(200m%20freestyle).%3Cbr%3E%3Cbr%3E%3Cstrong%3EAthletics%3C%2Fstrong%3E%3Cbr%3EMaryam%20Mohammed%20Al%20Farsi%20(women's%20100%20metres).%3C%2Fp%3E%0A
The five pillars of Islam
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204-cyl%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C600rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C500-4%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.9L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh119%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A

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

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

HOW TO WATCH

Facebook: TheNationalNews 

Twitter: @thenationalnews 

Instagram: @thenationalnews.com 

TikTok: @thenationalnews   

Sri Lanka v England

First Test, at Galle
England won by 211

Second Test, at Kandy
England won by 57 runs

Third Test, at Colombo
From Nov 23-27

Representing%20UAE%20overseas
%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A
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.

The Ashes

Results
First Test, Brisbane: Australia won by 10 wickets
Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

World Sevens Series standing after Dubai

1. South Africa
2. New Zealand
3. England
4. Fiji
5. Australia
6. Samoa
7. Kenya
8. Scotland
9. France
10. Spain
11. Argentina
12. Canada
13. Wales
14. Uganda
15. United States
16. Russia

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

Secret Pigeon Service: Operation Colomba, Resistance and the Struggle to Liberate Europe
Gordon Corera, Harper Collins

Updated: October 07, 2022, 5:13 AM