Only one month after the critical Cop27 climate change meetings in Egypt, the global community is meeting in Montreal this week to agree on a plan that can halt and reverse biodiversity loss. The importance of this moment cannot be overstated. Not only are we facing the threat of climate change, but we are also facing a crisis of nature.
The world is losing its biological diversity at unprecedented rates. Globally, 28 per cent of all assessed species on the Red List of the International Union for Conservation of Nature (IUCN) are threatened with extinction, almost all caused by human activities, including climate change and other threats such as habitat loss. In the UAE, 74 species are listed as threatened, among them Dugong (Dugong dugon), Indian Ocean Humpback Dolphin (Sousa plumbea), Arabian Tahr (Arabitragus jayakari), and Arabian Oryx (Oryx leucoryx).
We need the conference in Montreal to be a success. Countries must agree to a set of ambitious, scientifically sound goals to safeguard life on earth – and they must define a specific roadmap to get there, with measurable, clearly defined targets for the conservation of species and the protection and restoration of ecosystems, and the necessary resources to implement them.
Along with many civil society organisations and governments, including that of the UAE, IUCN has been calling for the conservation of at least 30 per cent of the world’s land, freshwater and marine ecosystems by 2030 under the Montreal agreement, or what is called 30x30. Today, we are at roughly 17 per cent protection on land, and just under 8 per cent in the ocean globally and around 20 per cent of terrestrial and marine areas are protected in Abu Dhabi. But the numbers tell only part of the story.
Needless to say, should we fail to agree to protect 30 per cent of the world’s terrestrial and marine areas, we are also setting the ground for failure to mitigate climate change goals.
Area-based conservation – the designation of a certain part of the land or the ocean as a “protected area”, “nature reserve” or “conservancy” – takes many forms; from large national parks like America's Yellowstone or Tanazania's Serengeti, to privately owned conservatories and sustainably managed lands administered by local and indigenous communities. It includes wilderness areas that remain largely intact as well as areas cultivated by humans for centuries, and once-degraded places that have been restored.
These places can all be part of the 30 per cent goal if they provide benefits for people and nature. To do so, the need to be effective, since conservation on paper does not benefit biodiversity. They need to include key biodiversity hotspots while covering all types of ecosystems, and they must be well-connected.
At the same time, conservation must be equitable and people-centred. Placing an area under conservation cannot mean excluding people who live there, but should empower and benefit them. In most cases, it will go hand in hand with sustainable development and contribute to local livelihoods, and under no circumstances should it ever go against the will of local communities.
If the goal of 30 per cent protection by 2030 is formally adopted in Montreal, governments and private sector stakeholders will need tools to measure their progress and ensure that quality standards are met. Drawing from its vast network of members and experts, IUCN has a long history of providing such tools, including the IUCN Green List of Protected and Conserved Areas, which ensures that area-based conservation delivers outcomes for people and nature. I call on negotiators in Montreal to make use of this invaluable resource.
The Green List Standard is both a roadmap for good, equitable area-based conservation and a benchmark of excellence. It sets clear, globally applicable quality criteria on governance, planning, management and conservation outcomes, and provides managers of protected and conserved areas with guidance on how to achieve them. Sites that fulfil all the criteria are awarded with the coveted Green List status.
There are several Green List Protected Areas already established across the Middle East and North Africa and several other candidate parks which are currently being considered for the Green List. Some of these parks are well-known treasures including Al Shouf Cedar Nature Reserve in Lebanon and Ras Mohammed National Park in Egypt’s Sinai Peninsula, while others are less well-known parks such as Jordan’s Ajloun Forest Reserve and the UAE’s Al Wathba Wetland Reserve in Abu Dhabi.
Conservation must be equitable and people-centred
The Al Wathba Wetland Reserve, 40km southeast of Abu Dhabi Island, was the region’s first-ever protected area to achieve this honour in 2019. The history of this remarkable place, which is home to flamingos and other migratory birds such as the golden eagle, can show us the way to the future. Today, Al Wathba is a natural paradise, teeming with life. But only two decades ago, this wildlife sanctuary was an urban-industrial complex, a diamond in the rough.
Today, there are three other protected areas in the UAE, which are being considered for the IUCN Green List of Protected Areas including the Dubai Desert Reserve, Mangrove National Park, and Marawah Biosphere Reserve and across the Mena region there are more than 12 additional protected areas across eight countries being considered for IUCN Green List status.
The model of Al Wathba and the other Green List protected areas in the region can be emulated across the world, if all sectors of society come together with a joint goal. IUCN stands ready to share their learnings to help the world work towards 30x30.
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
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
TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
The specs: 2019 Chevrolet Bolt EV
Price, base: Dh138,000 (estimate)
Engine: 60kWh battery
Transmission: Single-speed Electronic Precision Shift
Power: 204hp
Torque: 360Nm
Range: 520km (claimed)
Essentials
The flights
Emirates and Etihad fly direct from the UAE to Los Angeles, from Dh4,975 return, including taxes. The flight time is 16 hours. Alaska Airlines, United Airlines, Delta Air Lines, Aeromexico and Southwest all fly direct from Los Angeles to San Jose del Cabo from Dh1,243 return, including taxes. The flight time is two-and-a-half hours.
The trip
Lindblad Expeditions National Geographic’s eight-day Whales Wilderness itinerary costs from US$6,190 (Dh22,736) per person, twin share, including meals, accommodation and excursions, with departures in March and April 2018.
IPL 2018 FINAL
Sunrisers Hyderabad 178-6 (20 ovs)
Chennai Super Kings 181-2 (18.3 ovs)
Chennai win by eight wickets
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.”
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Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”