Nick Donaldson / Getty
Nick Donaldson / Getty
Nick Donaldson / Getty
Nick Donaldson / Getty


How protecting our oceans will help us fight climate change


Razan Al Mubarak
Razan Al Mubarak
  • English
  • Arabic

August 11, 2023

Healthy marine ecosystems and climate stability have always been closely interlinked. One affects the other, and we are seeing this play out on a planetary scale. Climate change is partly the result of the extended mismanagement of oceans, but the inverse is true as well. If we have concrete measures in place to preserve, restore and sustainably manage ocean ecosystems, nature becomes a powerful ally that breathes life into climate mitigation, adaptation and resilience efforts.

Average ocean surface temperatures broke several records in July, with no signs of slowing down. We must seize the opportunity to embrace nature-based solutions, or NBS – especially Blue NBS, which are focused on oceans, marine and coastal habitats – and make them the centerpiece of national and global climate strategies. NBS offer effective opportunities to strengthen mitigation and adaptation action for countries as they enhance their Nationally Determined Contributions, or NDCs, in accordance with the Paris Agreement’s global stocktaking process, and as more and more countries commit to net zero emission targets.

While many nations have made significant progress towards their NDCs, the results of the first ever Global Stocktake at Cop28 are expected to confirm that the world is not on course to meet its targets. As negotiations continue under the Glasgow-Sharm El Sheikh Work Programme on the global goal on adaptation for 2022-2023, it is critical to keep in mind the role that ecosystems including blue carbon ecosystems and NBS play in the achievement of adaptation outcomes.

The Eastern Mangroves of Abu Dhabi. Most have been planted as part of previous and continuing conservation measures and play a crucial role in carbon capture. Khushnum Bhandari / The National
The Eastern Mangroves of Abu Dhabi. Most have been planted as part of previous and continuing conservation measures and play a crucial role in carbon capture. Khushnum Bhandari / The National

In fact, we insist on NBS to help us combat climate change. Nature is an essential tool that we should leverage more, and we must insist on the protection and restoration of nature to ensure its effectiveness and increase its capacity to function at scale.

NBS can cost-effectively provide more than a third of the climate mitigation needed between now and 2030 to stabilise warming to below 2°C, achieving nature’s mitigation potential of 10-12 gigatonnes of carbon dioxide per year. Thus, Cop28 is of particular significance in getting the world back on track to the Paris Agreement and integrating a nature-positive approach into the forefront of global campaigns, policies and updated NDCs.

The UAE is home to more than 150 square kilometres of mangroves that store 3.3 million tonnes of carbon. The vast majority of these mangroves have been intentionally planted as part of previous and ongoing conservation measures to strengthen natural ecosystems and implement NBS. Millions more will be planted as part of the nationwide plan to plant 100 million mangroves by 2030.

Along with saltmarshes, sea grasses and other associated habitats, these mangrove forests act as cost-effective natural coastal defences against rising sea levels and coastal inundation – providing essential ecosystem services beyond the vital climate mitigation benefits they offer. About 80 per cent of the global fish population depends on healthy mangrove ecosystems – the fish populations in the UAE are no different.

It’s worth noting that blue carbon ecosystems can sequester up to 10 times more carbon dioxide than boreal, temperate or tropical forests. Furthermore, the benefits of mangrove restoration to industries such as fisheries, forestry and recreation are up to 10 times the cost.

There will be no resilient, net-zero future without halting and restoring nature loss.

National-level case studies play a pivotal role in advancing global dialogues on climate change mitigation and biodiversity loss. Not only do they provide valuable insights into local challenges and solutions but also serve as practical examples of how global policy outcomes can be successfully implemented at a national and local level.

There will be no resilient, net-zero future without halting and restoring nature loss

The NBS project is an important example of a local initiative to address climate change and biodiversity loss. It brings together government, subnational entities, the private sector and non-state organisations to work collectively towards a common goal – it needs to be championed globally. Through the NBS project, we are contributing to the national net zero target, undertaking a science-based approach that aims to assess the UAE’s natural capital including blue carbon, with a focus on the coastal lagoons in the emirates of Abu Dhabi and Umm Al Quwain.

The project’s activities and outcomes are strongly related to the ongoing global dialogue on climate adaptation that covers targets, monitoring and evaluation, key indicators as well as means of implementation. It also supports the UAE’s recently updated Second NDC to cut emissions by 40 per cent by 2030 as well as the strategic initiative to reach net zero by 2050, and the global 30 x 30 goal – that is, to protect 30 per cent of critical ecosystems and species on land and seas by 2030.

Cop28 will be a momentous occasion to urgently mobilise greater investments, resources and expertise into the field of NBS. Nature-positive solutions – such as diversifying diets, fishing with sustainable ecosystem management and deploying precision agriculture technologies – present $10.1 trillion in business opportunities and could create 395 million jobs by 2030, according to the World Economic Forum.

For the food and agriculture sector alone, it is a $4.5 trillion opportunity, according to analysis commissioned by the UN Climate Change High-Level Champions. More than ever this represents an opportunity in the UAE where small and medium enterprises employ more than 80 per cent of the labour force in the private sector and make up more than 60 per cent of the gross domestic product. Investments in NBS are prudent for the long-term success of business in the UAE and the vital economic sectors that rely on a thriving marine environment.

Annual investments in nature need to triple by 2030 and rise four-fold by 2050 in order to tackle the climate, biodiversity and land-degradation crises, according to the UN Environment Programme. We need to fill this gap – and now we have the tools with which to do it and to reap the benefits of speedy, local and large-scale action. Non-state actors including cities, regions, businesses, investors and others can and must also partake in driving accelerated momentum for nature and climate, alongside nation states.

I invite non-state actors to do their part and to elevate their ambitions and actions by joining global UN campaigns such as the Race to Resilience, as well as the Race to Zero campaign and UN Global Compact. Non-state actors and local businesses in the UAE can also access resources on credible decarbonisation and sustainability through the UAE Alliance for Climate Action that supports entities in all stages of their decarbonisation journey.

As the host of Cop28, all eyes will be on the UAE to deliver realistic, impactful and ambitious goals to reduce emissions and keep global warming within limits. And Cop28 will be the first opportunity to respond to the UN’s Global Stocktake of progress on the Paris Agreement. We must use this opportunity to strengthen the continued legacy of the nation as an important voice for climate and nature action.

A version of this article is part of a wider series to raise awareness about the powerful benefits of Nature-based Solutions in the Year of Sustainability and Cop28. The series features prominent voices of leaders who are advancing the UAE’s flagship NBS project as a key pathway to restore natural ecosystems and enhance climate resiliency.

Indoor cricket in a nutshell

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 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
4 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
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

The specs: Hyundai Ionic Hybrid

Price, base: Dh117,000 (estimate)

Engine: 1.6L four-cylinder, with 1.56kWh battery

Transmission: Six-speed automatic

Power: 105hp (engine), plus 43.5hp (battery)

Torque: 147Nm (engine), plus 170Nm (battery)

Fuel economy, combined: 3.4L / 100km

Wicked: For Good

Director: Jon M Chu

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

Rating: 4/5

The biog

Favourite colour: Brown

Favourite Movie: Resident Evil

Hobbies: Painting, Cooking, Imitating Voices

Favourite food: Pizza

Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon

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
Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

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 biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

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%3Cp%3E%3Cstrong%3ELamborghini%20LM002%3C%2Fstrong%3E%3Cbr%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%205.2-litre%20V12%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20450hp%20at%206%2C800rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E500Nm%20at%204%2C500rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3EFive-speed%20manual%3Cbr%3E%3Cstrong%3E0-100kph%3A%3C%2Fstrong%3E%209%20seconds%20(approx)%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20210kph%20(approx)%3Cbr%3E%3Cstrong%3EYears%20built%3A%3C%2Fstrong%3E%201986-93%3Cbr%3E%3Cstrong%3ETotal%20vehicles%20built%3A%3C%2Fstrong%3E%20328%3Cbr%3E%3Cstrong%3EValue%20today%3A%3C%2Fstrong%3E%20%24300%2C000%2B%3Cbr%3E%3C%2Fp%3E%0A
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The biog

Name: Marie Byrne

Nationality: Irish

Favourite film: The Shawshank Redemption

Book: Seagull by Jonathan Livingston

Life lesson: A person is not old until regret takes the place of their dreams

Men from Barca's class of 99

Crystal Palace - Frank de Boer

Everton - Ronald Koeman

Manchester City - Pep Guardiola

Manchester United - Jose Mourinho

Southampton - Mauricio Pellegrino

Family reunited

Nazanin Zaghari-Ratcliffe was born and raised in Tehran and studied English literature before working as a translator in the relief effort for the Japanese International Co-operation Agency in 2003.

She moved to the International Federation of Red Cross and Red Crescent Societies before moving to the World Health Organisation as a communications officer.

She came to the UK in 2007 after securing a scholarship at London Metropolitan University to study a master's in communication management and met her future husband through mutual friends a month later.

The couple were married in August 2009 in Winchester and their daughter was born in June 2014.

She was held in her native country a year later.

Updated: August 14, 2023, 6:40 AM