A quarter of species are at risk of extinction, latest assessment finds


Daniel Bardsley
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From the dodo on the island of Mauritius to the golden toad of Costa Rica, the creatures driven to extinction by human activity are many and varied.

People have been causing animal, plant and other species to become extinct for the past 10,000 years or more through actions including hunting, habitat, destruction, pollution, the spread of invasive species and climate change.

As human populations grow, the rate of species extinction is intensifying. Scientists estimate it has reached a level hundreds, or even thousands, of times greater than would be expected naturally.

The latest global Red List of endangered species, published by the International Union for Conservation of Nature (IUCN) at the recent Cop28 climate conference in Dubai, revealed that well over a quarter of them are threatened with extinction.

Nature is here to help us, so let us help it back
Dr Grethal Aguilar,
General-Director of the International Union for Conservation of Nature

“There's no reason why we have to be in this situation,” Dr Grethel Aguilar, director general of the IUCN, said, adding that maintaining biodiversity was key to ensuring human survival.

“Nature is here to help us, so let us help it back,” she said.

Climate change is a growing threat because it affects food availability, alters seasonal patterns, disrupts reproduction, decreases freshwater levels, causes saltwater to move up rivers and allows invasive species to expand their range.

The blue whale is classified as endangered but its population is on the rise. Getty Images
The blue whale is classified as endangered but its population is on the rise. Getty Images

Craig Hilton-Taylor, head of the Red List, said species across the world are under “huge pressure”.

“It's climate change interacting with other threats that have pushed the species over the edge,” he said.

The new edition of the list, which was first published in 1964, focuses on freshwater fish species, more than a fifth of which (3,086 out of 14,898) are at risk of extinction.

Out of the total of 157,190 species that are assessed, 44,016 – or 28 per cent – were found to be at threat of extinction.

This threat looms over 41 per cent of amphibians, 29 per cent of mammals and 11 per cent of bird species.

The Red List categorises species as extinct, extinct in the wild, critically endangered, endangered, vulnerable, near-threatened or of least concern.

There are also “data deficient” and “not evaluated” categories for species that have yet to be fully assessed.

Threat to species

Perhaps the most famous extinct creature is the flightless bird, the dodo – Raphus cacullatus – which was eliminated in the 17th century because of hunting and nest predation by introduced pigs.

“Birds thought to represent the last individuals were killed on the offshore islet Ile d'Ambre in 1662,” the dodo's IUCN listing states.

More recently, the golden toad was declared extinct in 2004, following its last confirmed sighting in 1989, with climate changed often blamed.

The creature – Incilius periglenes – used to live in just a few square kilometres of forest in Costa Rica.

The male was a dramatic orange colour, while the female was mostly black with red and yellow spots.

The golden toad, which was native to just a few square kilometres of forest in Costa Rica, has been categorised as extinct on the IUCN's red list. Photo: Getty
The golden toad, which was native to just a few square kilometres of forest in Costa Rica, has been categorised as extinct on the IUCN's red list. Photo: Getty

Other animals on the IUCN Red List include the blue whale – Balaenoptera musculus – the world's biggest animal, which was last assessed in 2018.

These giants of the seas can measure up to 100 feet in length and can weigh nearly 200 tonnes – which is as much as 33 African elephants, according to the conservation organisation WWF.

The blue whale is classified as endangered – two categories up from extinct in the wild – and, while there are only between about 5,000 and 15,000 mature individuals remaining, the population is increasing.

On land, the jaguar – Panthera onca – is one of the species classified as near-threatened.

The jaguar saw an estimated 20 to 25 per cent drop in its numbers in the two decades up to 2016. EPA
The jaguar saw an estimated 20 to 25 per cent drop in its numbers in the two decades up to 2016. EPA

Although this is just one category up from least concern, jaguar numbers fell by an estimated 20 to 25 per cent in the two decades up to its most recent assessment in 2016.

The lion – Panthera leo – is one category further away from safety, listed as vulnerable.

The three species of orang-utan – the Bornean (Pongo pygmaeus), the Sumatran (Pongo abelii) and the Tapanuli (Pongo tapanuliensis) are all critically endangered.

The saiga antelope – Saiga tatarica – which is found mostly in Kazakhstan, has moved from critically endangered to near-threatened.

The Central South Pacific green turtle and the East Pacific green turtle (Chelonia mydas) are listed in the latest IUCN Red List as endangered and vulnerable to extinction, respectively, as warmer temperatures affect hatching rates, rising seas inundate nests and drown their young and fishing vessels catch them.

Criticisms of the list

Only about two per cent of the estimated eight million species of animals, plants, fungi and other organisms on Earth have been assessed for the list.

The list came under criticism in a recent paper titled, “The global influence of the IUCN Red List can hinder species conservation efforts”, by more than 20 researchers.

A key issued raised was that the list can “overlook local and regional contexts”, which, especially in poorer countries, may result in what the scientists described as “improper allocation of conservation resources”.

Species in the data-deficient category have been found to be at risk of extinction. However, because they are not included in the main Red List categories, it is suggested that it is difficult to attract funds for their conservation.

Organisms with very limited ranges are also said to miss out on an assessment, potentially putting them at greater risk of extinction.

However, the IUCN Red List is seen as being the most comprehensive conservation database of species of all kinds across the globe and it grows with each update.

The aim is to reassess each species included at least every decade.

Successful conservation

Amid the widespread threats faced by nature, the new IUCN Red List highlights conservation successes, such as that involving the scimitar-horned oryx, which, like the Arabian oryx, is now thriving in the wild in large part thanks to breeding efforts in the UAE.

The recent IUCN Red List, published in December, revealed that the scimitar-horned oryx – Oryx dammah – is now classified as endangered, a two category improvement on its previous listing as extinct in the wild.

This is based on an assessment carried out in November 2022.

Habitat loss and hunting for meat and horns resulted in the species, which lived across North Africa north and south of the Sahara desert, disappearing and being classified as extinct in the wild in 2000.

The Environmental Agency Abu Dhabi (EAD) has played a pivotal role in conserving the species, thanks to its breeding programme at the Deleika Wildlife Management Centre, from where creatures are flown to Chad for release.

Mr Hilton-Taylor said that EAD's efforts had been central to the successful return of the species to the wild.

“They’ve been a key international partner behind the success of that species,” he said.

At last 331 scimitar-horned oryx calves have been born in the wild, Mr Hilton-Taylor said, which should prove significant in helping the population to grow, as there are only around 150 recorded mature individuals in the wild.

As well as the efforts of organisations like EAD, which Mr Hilton-Taylor praised for being able to carry out conservation efforts at the required scale, the work of local authorities and conservation non-governmental organisations has proved important.

It was essential to have “local community buy-in” to these conservation efforts to ensure that the animals were not put at risk from poaching.

“You have to bring the local people in so they understand the benefits of having these animals in their community, so they get employment because there are tourism opportunities,” he said.

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Director: Anu Menon

Rating: Three out of five stars

Essentials

The flights
Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes. 
 

Where to stay
In Kuala Lumpur, Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes. 


In Penang, Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes.
23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes. 
In Langkawi, Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.

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In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff

The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
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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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Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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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TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

Fatherland

Kele Okereke

(BMG)

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

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Updated: December 31, 2023, 3:00 AM