‘Every year we move further inland’ - Rising sea level poses challenge for India



BALI ISLAND, INDIA // The tiny hut sculpted out of mud at the edge of the sea is barely large enough for Bokul Mondol and his family to lie down.

Saltwater long ago engulfed the five acres where Mr Mondol once grew rice and tended fish ponds, as his ancestors had on Bali Island for some 200 years. His thatch-covered hut, built on public land, is the fifth he has had to build in the last five years as the sea creeps in.

“Every year we have to move a little further inland,” he said.

Seas are rising more than twice as fast as the global average here in the Sundarbans, a low-lying delta region of about 200 islands in the Bay of Bengal where some 13 million impoverished Indians and Bangladeshis live. Tens of thousands like Mr Mondol have already been left homeless, and scientists predict much of the Sundarbans could be underwater in 15 to 25 years.

That could force a singularly massive exodus of millions of “climate refugees,” creating enormous challenges for India and Bangladesh that neither country has prepared for.

“This big-time climate migration is looming on the horizon,” said Tapas Paul, a New Delhi-based environmental specialist.

“If all the people of the Sundarbans have to migrate, this would be the largest-ever migration in the history of mankind,” Mr Paul said. The largest to date occurred during the India-Pakistan partition in 1947, when 10 million people or more migrated from one country to the other.

On their own, the Sundarbans’ impoverished residents have little chance of moving before catastrophe hits. Each year, they build mud embankments to keep saltwater and wild animals from invading their crops. And each year swollen rivers, monsoon rains and floods wash many of those banks and mud-packed homes back into the sea.

Most struggle on far less than $1 a day. With five million people on the Indian side and 8 million in Bangladesh, the Sundarbans population is far greater than any of the small island nations that also face dire threats from rising sea levels.

Losing the 26,000-square-kilometre region would also take an environmental toll. The Sundarbans region is teeming with wildlife, including the world’s only population of mangrove forest tigers. The freshwater swamps and their tangles of mangrove forests act as a natural buffer protecting India’s West Bengal state and Bangladesh from cyclones.

With rising temperatures melting polar ice and expanding oceans, seas have been rising globally at an average rate of about 3 millimetres a year — a rate scientists say is likely to speed up.

That would be bad enough for the Sundarbans, where the highest point is around 3 metres and the mean elevation is less than a metre above sea level. But sea rise occurs unevenly across the globe because of factors like wind, ocean currents, tectonic shift and variations in the Earth’s gravitational pull. The rate of sea rise in the Sundarbans has been measured at twice the global rate or even higher.

A 2013 study by the Zoological Society of London measured the Sundarbans coastline retreating at about 200 metres a year.

Many scientists believe the only long-term solution is for most of the Sundarbans population to leave.

West Bengal is no stranger to mass migration. Kolkata, its capital, has been overrun three times by panicked masses fleeing violence or starvation: during a 1943 famine, the 1947 partition and the 1971 war that created today’s Bangladesh.

India, however, has no official plan either to help relocate Sundarbans residents or to protect the region from further ecological decline.

“We need international help. We need national help. We need the help of the people all over the world. We are very late” in addressing the problem, said West Bengal state’s minister for emergencies and disaster management, Janab Javed Ahmed Khan.

* Associated Press

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

THE NEW BATCH'S FOCUS SECTORS

AiFlux – renewables, oil and gas

DevisionX – manufacturing

Event Gates – security and manufacturing

Farmdar – agriculture

Farmin – smart cities

Greener Crop – agriculture

Ipera.ai – space digitisation

Lune Technologies – fibre-optics

Monak – delivery

NutzenTech – environment

Nybl – machine learning

Occicor – shelf management

Olymon Solutions – smart automation

Pivony – user-generated data

PowerDev – energy big data

Sav – finance

Searover – renewables

Swftbox – delivery

Trade Capital Partners – FinTech

Valorafutbol – sports and entertainment

Workfam – employee engagement

'Nope'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Jordan%20Peele%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Daniel%20Kaluuya%2C%20Keke%20Palmer%2C%20Brandon%20Perea%2C%20Steven%20Yeun%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800

COMPANY PROFILE

Name: Grubtech

Founders: Mohamed Al Fayed and Mohammed Hammedi

Launched: October 2019

Employees: 50

Financing stage: Seed round (raised $2 million)

 

Hotel Data Cloud profile

Date started: June 2016
Founders: Gregor Amon and Kevin Czok
Based: Dubai
Sector: Travel Tech
Size: 10 employees
Funding: $350,000 (Dh1.3 million)
Investors: five angel investors (undisclosed except for Amar Shubar)