This file picture taken on May 29, 2019 shows an aerial view of an agriculture field next to a native Cerrado (savanna) in Formosa do Rio Preto, western Bahia State, Brazil. AFP
This file picture taken on May 29, 2019 shows an aerial view of an agriculture field next to a native Cerrado (savanna) in Formosa do Rio Preto, western Bahia State, Brazil. AFP
This file picture taken on May 29, 2019 shows an aerial view of an agriculture field next to a native Cerrado (savanna) in Formosa do Rio Preto, western Bahia State, Brazil. AFP
This file picture taken on May 29, 2019 shows an aerial view of an agriculture field next to a native Cerrado (savanna) in Formosa do Rio Preto, western Bahia State, Brazil. AFP

Mass deforestation risks more deadly global pandemics, scientists warn


Thomas Harding
  • English
  • Arabic

Deadly global pandemics such as coronavirus will increase in frequency if mass deforestation continues, scientists are warning world leaders.

A UN summit on biodiversity in New York will hear from leading biologists that there is now clear evidence of a link between environmental destruction and deadly new diseases such as Covid-19.

A “perfect storm” is being created for diseases that transmit from wild animals to people with continued rampant deforestation in countries such as Brazil alongside mass farming and mining in remote areas.

Nearly 30 per cent of new diseases have originated from land clearances, scientists have claimed. This could soon lead to up to six new epidemics breaking out among the human population each year.

“When workers come into rainforests to chop down trees they don’t take food with them,” said Andy Dobson, professor of ecology and evolutionary biology at Princeton University. “They just eat what they can kill. So that exposes them to infection all the time.”

He was speaking ahead of the United Nations Summit on Biodiversity that will host government leaders on 30 September under the theme of “Urgent action on biodiversity for sustainable development.”

The continued trade in illegal logging, mining and the selling exotic pets and their meat is not only devastating the environment but creating conditions for life-threatening diseases, academics claim.

Untouched forests cleared at the rate of millions of hectares a year to create products such as palm oil or grazing for cattle bring humans into contact with numerous viruses causing events known as ‘spillovers’ that lead to new diseases.

The HIV disease, that has killed 10 million people, was caused by chimpanzees and gorillas being eaten. The deadly Ebola fever, which has a 90 per cent death rate, was passed from bats to primates and then humans. It is understood that Covid-19 also originated from bats.

"The crucial point is that there are probably 10 times more different species of viruses than there are of mammals," Prof Dobson told the Observer. "The numbers are against us and the emergence of new pathogens inevitable."

The development of cheap air travel has also meant that diseases spread before scientists can detect them.

“The onward transmission of a new disease is another really important element in the pandemic story,” said Professor James Wood, head of veterinary medicine at Cambridge University. “Consider the swine flu pandemic. We flew that around the world several times before we realised what was going on. Global connectivity has allowed – and is still allowing – Covid-19 to be transmitted to just about every country on Earth.”

A $20 billion a year proposal to set up a programme to end the trade in wildlife, reduce deforestation and spillovers was put forward by a group of academics in the Science magazine last month.

“The rate of emergence of novel disease is increasing and their economic impacts are also increasing,” the scientists said. “Society must strive to avoid the impacts of future pandemics.”

The Covid crisis has so far cost the world economy trillions of dollars and by the end of September it is likely to have killed one million people.

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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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Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

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Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

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In the box: iPad mini, USB-C cable, 20W USB-C power adapter

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Polarised public

31% in UK say BBC is biased to left-wing views

19% in UK say BBC is biased to right-wing views

19% in UK say BBC is not biased at all

Source: YouGov

RESULTS

1.30pm Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner AF Almomayaz, Hugo Lebouc (jockey), Ali Rashid Al Raihe (trainer)

2pm Handicap (TB) Dh 84,000 (D) 1,400m

Winner Karaginsky, Tadhg O’Shea, Satish Seemar.

2.30pm Maiden (TB) Dh 60,000 (D) 1,200m

Winner Sadeedd, Ryan Curatolo, Nicholas Bachalard.

3pm Conditions (TB) Dh 100,000 (D) 1,950m

Winner Blue Sovereign, Clement Lecoeuvre, Erwan Charpy.

3.30pm Handicap (TB) Dh 76,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

4pm Maiden (TB) Dh 60,000 (D) 1,600m

Winner Bladesmith, Tadhg O’Shea, Satish Seemar.

4.30pm Handicap (TB) Dh 68,000 (D) 1,000m

Winner Shanaghai City, Fabrice Veron, Rashed Bouresly.

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A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

match info

Maratha Arabians 138-2

C Lynn 91*, A Lyth 20, B Laughlin 1-15

Team Abu Dhabi 114-3

L Wright 40*, L Malinga 0-13, M McClenaghan 1-17

Maratha Arabians won by 24 runs

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
If you go

Flying

Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.

 

Touring

Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com