The Houbara bustard is classified as a vulnerable species by the International Union for Conservation of Nature. Courtesy International Fund For Houbara Conservation
The Houbara bustard is classified as a vulnerable species by the International Union for Conservation of Nature. Courtesy International Fund For Houbara Conservation
The Houbara bustard is classified as a vulnerable species by the International Union for Conservation of Nature. Courtesy International Fund For Houbara Conservation
The Houbara bustard is classified as a vulnerable species by the International Union for Conservation of Nature. Courtesy International Fund For Houbara Conservation

Milken summit: Species conservation has been 'sidelined' by climate change fight


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The job of saving animal species from extinction is proving far tougher as crucial funding is diverted to tackle climate change, experts have warned.

Campaigners said a generation of conservationists risked being abandoned as cuts to budgets meant lower salaries and fewer people willing to do the work.

The stark prediction came as the issue of protecting animal diversity was raised at a meeting at the Milken Institute summit in Abu Dhabi on Tuesday.

Philanthropists and financiers were told that while addressing the threat of climate change was critical, more targeted help was also needed to prevent under-threat species from being wiped out.

“The overall number of rangers in protected areas is dwindling,” said Frederic Launay, the CEO of Panthera, a wild cat conservation charity.

“The solutions are there – it’s not rocket science. It is boots on the ground, it is people. They [endangered species] cannot take care of themselves.

“For that, we need to recruit a new generation of conservation biologists. We have less and less knowledge of species, less people, for a very simple reason. There are no jobs.

“Most of us are earning a pittance compared to a lot of other professionals. Most are moving away from conservation, not because they are not interested, but because they just cannot make a living out of it.”

Conservationists spoke out on the first day of the two-day Milken Institute conference in Abu Dhabi.

The summit aims to address some of the region’s most pressing challenges, including water security, the refugee crisis and rising youth unemployment.

Delegates heard how targeted financial assistance had a long track-record of bringing animal species back from the brink of extinction.

The American bison was saved with the help of media mogul Ted Turner, while in the MENA region the Arabian oryx and the Houbara bustard have only survived with the help of generous financing.

“Large environmental organisations traditionally focused on species,” said Razan Khalifa Al Mubarak, managing director of the Mohamed bin Zayed Species Conservation Fund.

“What happened was the conservation movement was not winning the battle so a lot [of people] diverted attention to address the root causes – climate change, habitat destruction, economic development.

“What we’re saying is they’re absolutely important, but you cannot assume, by dealing with those issues, it will trickle into protection of species.

“You need both. But the approach to protecting species doesn’t need to be so grand - it needs to be small, but consistent.

"That’s why the MBZ fund is quite unique in its approach. We believe it’s much better to give $10,000 to 10 projects for 10 years, than to give $10m to one project for one year. It’s the boots on the ground that will ultimately protect nature.”

Ms Al Mubarak said the fund operated as an endowment, with its value now standing at $30m.

All proceeds go to conservation projects. However, only 10 per cent of applicants get a grant, meaning there is a “huge opportunity” to scale up its work.

The fund is looking at new ideas, including crowdfunding to increase the fund, or opening up to donations from other philanthropists.

“We don’t focus on charismatic species, we focus on whatever the individual [applicant] is interested in,” said Ms Al Mubarak, who is also secretary general of the Environment Agency in Abu Dhabi.

“We have people working on fungi, people working on insects, we have a beautiful project, with someone so passionate, about stick insects which were going extinct off the shores of New Zealand.

“Nobody will fund a stick insect – we do. We fund things that are not sexy. Sure, people will fund a car for rangers, but nobody will fund the fuel that goes into it. We will look at things people don’t want to fund that are critical for conservation.

“We have the opportunity to scale up and we’re interested in how we can make species conservation a lot more accessible to people.”

UAE currency: the story behind the money in your pockets
Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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UAE currency: the story behind the money in your pockets
COMPANY%20PROFILE
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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

MO
%3Cp%3E%3Cstrong%3ECreators%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Ramy%20Youssef%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Teresa%20Ruiz%2C%20Omar%20Elba%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
While you're here
Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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”.

FIGHT CARD

From 5.30pm in the following order:

Featherweight

Marcelo Pontes (BRA) v Azouz Anwar (EGY)

Catchweight 90kg

Moustafa Rashid Nada (KSA) v Imad Al Howayeck (LEB)

Welterweight

Mohammed Al Khatib (JOR) v Gimbat Ismailov (RUS)

Flyweight (women)

Lucie Bertaud (FRA) v Kelig Pinson (BEL)

Lightweight

Alexandru Chitoran (BEL) v Regelo Enumerables Jr (PHI)

Catchweight 100kg

Mohamed Ali (EGY) v Marc Vleiger (NED)

Featherweight

James Bishop (AUS) v Mark Valerio (PHI)

Welterweight

Gerson Carvalho (BRA) v Abdelghani Saber (EGY)

Middleweight 

Bakhtiyar Abbasov (AZE) v Igor Litoshik (BLR)

Bantamweight:

Fabio Mello (BRA) v Mark Alcoba (PHI)

Welterweight

Ahmed Labban (LEB) v Magomedsultan Magemedsultanov (RUS)

Bantamweight

Trent Girdham (AUS) v Jayson Margallo (PHI)

Lightweight

Usman Nurmagomedov (RUS) v Roman Golovinov (UKR)

Middleweight

Tarek Suleiman (SYR) v Steve Kennedy (AUS)

Lightweight

Dan Moret (USA) v Anton Kuivanen (FIN)

Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

if you go

The flights 

Etihad and Emirates fly direct to Kolkata from Dh1,504 and Dh1,450 return including taxes, respectively. The flight takes four hours 30 minutes outbound and 5 hours 30 minute returning. 

The trains

Numerous trains link Kolkata and Murshidabad but the daily early morning Hazarduari Express (3’ 52”) is the fastest and most convenient; this service also stops in Plassey. The return train departs Murshidabad late afternoon. Though just about feasible as a day trip, staying overnight is recommended.

The hotels

Mursidabad’s hotels are less than modest but Berhampore, 11km south, offers more accommodation and facilities (and the Hazarduari Express also pauses here). Try Hotel The Fame, with an array of rooms from doubles at Rs1,596/Dh90 to a ‘grand presidential suite’ at Rs7,854/Dh443.

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The biog

Age: 19 

Profession: medical student at UAE university 

Favourite book: The Ocean at The End of The Lane by Neil Gaiman

Role model: Parents, followed by Fazza (Shiekh Hamdan bin Mohammed)

Favourite poet: Edger Allen Poe 

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

The Dictionary of Animal Languages
Heidi Sopinka
​​​​​​​Scribe