For some delegates at Cop26, the summit's focus on coal and cars is overlooking the more homespun issue of the food on our plates.
Lobbyists from Greenpeace to the World Health Organisation have used the summit to call for meat-free diets, which they say are healthier and more sustainable.
But developing countries see another major health risk in the wood and charcoal stoves used by millions of people that cause household air pollution and damage the environment.
Some 900 million Africans lack access to clean cooking and 4 million people a year die prematurely because of illnesses linked to solid fuels, Kenyan Energy Minister Monica Juma said.
“I think it should just not be acceptable that people would meet their deaths this way,” she said on the sidelines of the Glasgow summit, where she called for investment in clean cooking.
“For a long time this was a small pilot project. We need to scale it up. That’s what we need out of Glasgow.”
Ms Juma said upgraded cooking facilities would especially help women and girls, who typically carry much of the domestic burden.
“It’s not about philanthropy. There’s a business case here,” she said. “A mother that takes less time to cook saves time for productivity.
“There’s this perception about this being small scale. 900 million people not having access to clean energy – this is a big market.”
Kenya hopes to expand electric cooking and promote other cleaner fuels such as ethanol, biogas and liquefied petroleum gas (LPG).
The last of these is on the rise as a household fuel in Nepal, said Ram Gopal Kharbuja, a joint secretary in the country’s Energy Ministry.
But Nepal would prefer people to switch to electric stoves, he said, because LPG has to be imported whereas hydroelectric plants can generate power from mountain rivers.
“We are promoting the use of electrical energy for domestic, industrial as well as transport,” he said. The latest climate plan submitted by Nepal to the UN calls for a quarter of residents to use electricity for cooking by 2030.
While these goals aim to improve health and cut greenhouse gas emissions, installing electric stoves in households is not always easy.
Nepal has experimented with miniature electric grids that do not need to be connected to a wider infrastructure. But tariffs on these can be expensive, said Simon Batchelor, a development expert at Loughborough University in the UK.
Collecting revenue is another issue because people who are used to collecting wood for fuel – paying for energy with their labour rather than with cash – are reluctant to hand over money for electricity, he said.
“When you go to communities there are many people who don’t understand these terms,” said Anne Songole of the Access Coalition, a civil society group. “They know food and they know it tastes good.
“As I look at Cop26 today, we are actually talking about coal but we have really neglected cooking, which is an important issue.”
It is not only activists from developing countries who want to talk about food. Many around the world see meat as an unacceptable luxury given the emissions it creates and the availability of plant-based substitutes.
Livestock is one of the major sources of methane, a greenhouse gas which world leaders pledged on Tuesday to stop emitting so rapidly.
Meat question
Critics of the pledge, which aims to cut emissions by 30 per cent this decade, say it dodged the question of reducing meat intake.
“Meat reduction offers an immediate solution to cutting methane in the near term because methane dissipates quickly,” said Anna Jones, a Greenpeace spokeswoman for food issues.
“Rapidly phasing out industrial meat production would help us buy precious time.”
Politicians have sought to defuse the sometimes highly charged issue by insisting that people will not have to give up meat.
In Glasgow, vegan and vegetarian activists are lobbying delegates to invest in plant-based food production around the world.
A lobby group called ProVeg International described meat production as an “elephant in the room”, which had not been sufficiently addressed by leaders.
However, it welcomed the lack of beef dishes on a menu at the Cop26 venue, which includes an estimate of an item’s carbon footprint.
“While the menu still isn't completely plant-based, it is clear from the display that they are the most environmentally friendly choices,” ProVeg activists said.
“We're happy to see that delegates are encouraged to not only talk about the climate crisis but to tackle it with their food choices as well.”
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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Dhadak
Director: Shashank Khaitan
Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana
Stars: 3
Last 10 NBA champions
2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
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Three tips from La Perle's performers
1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.
2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.
3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.
List of alleged parties
- May 15 2020: Boris Johnson is said to have attended a Downing Street pizza party
- 27 Nov 2020: PM gives speech at leaving do for his staff
- Dec 10 2020: Staff party held by then-education secretary Gavin Williamson
- Dec 13 2020: Mr Johnson and his then-fiancee Carrie Symonds throw a flat party
- Dec 14 2020: Shaun Bailey holds staff party at Conservative Party headquarters
- Dec 15 2020: PM takes part in a staff quiz
- Dec 18 2020: Downing Street Christmas party
Gulf rugby
Who’s won what so far in 2018/19
Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain
What’s left
UAE Conference
March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers
March 29, final
UAE Premiership
March 22, play-offs:
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes
March 29, final
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How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
KILLING OF QASSEM SULEIMANI
Sam Smith
Where: du Arena, Abu Dhabi
When: Saturday November 24
Rating: 4/5
Mohammed bin Zayed Majlis
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
The five pillars of Islam