UAE's Mariam Al Mheiri: ‘Riding the crest of the wave on climate change is in our DNA’


Alice Haine
  • English
  • Arabic

The UAE’s prominent role in climate change initiatives at the Cop26 summit shows the country is ready to "ride the crest of a wave" of global progress, said Mariam Al Mheiri, Minister of Climate Change and Environment.

Ms Al Mheiri, who has been in Glasgow this week for the launch of the UAE and US joint initiative AIM for Climate to drive rapid and transformative climate action in the agriculture sector, said the nation began its energy transition 15 years ago.

"We like to ride on the crest of the wave, not under it, in many things that we do. I think it's also part of our DNA,” Ms Al Mheiri told The National in Glasgow.

The UAE has been a leader in the drive to net zero for some time, she said.

“When you look at all the discussions that are happening here, everyone's talking about the energy transition. Actually, the energy transition started 15 years ago, our leadership saw the writing on the wall and said we must invest in diversifying our energy mix, even though we are a hydrocarbon producer and exporter. But it's really important that we invest in this and we become experts in it,” she said.

The Agriculture Innovation Mission for Climate unveiled at Cop26 this week has so far mobilised $4 billion of investment, including $1bn from the UAE, to enhance the agriculture sector’s resilience to climate change.

Ms Al Mheiri said the mission plans on "going big”, matching US President Joe Biden’s pledge to double the investment to $8bn “in the next few years”.

The mission plans on "going big”, matching US President Joe Biden’s pledge. AFP
The mission plans on "going big”, matching US President Joe Biden’s pledge. AFP

The joint initiative is the first global agriculture and climate change coalition and so far has 33 countries on board from six continents, as well as prominent non-governmental backers, such as the Bill and Melinda Gates Foundation.

“We see that food systems are a solution provider for the whole climate mitigation efforts. Innovation and research and development is really key in driving how you can grow foods,” Ms Al Mheiri said.

"The last few months, it's been about mobilising the political will, mobilising investments and putting together a coalition so that we can accelerate our efforts in the next five years to be able to push the boundaries and transition our food systems."

She highlighted the UAE, a country with a hot, arid climate that does not have arable land and where water is scarce, as an example of the challenge.

“But we've got the sunshine, we've got the sea and we've got the sand, so how can we now look at innovation and technology to actually grow food?” she said.

With the UAE importing 90 per cent of its food, she said food security was a top priority for the country.

Badia Farms aims to provide a substitute for importing fruits and vegetables into the region from countries thousands of miles away. Reem Mohammed/The National
Badia Farms aims to provide a substitute for importing fruits and vegetables into the region from countries thousands of miles away. Reem Mohammed/The National

“The leadership recognised from an early stage that in order for us to be more resilient, we really need to invest more money and effort into building more sustainable food systems. So in 2018, we launched the National Food Security Strategy, we set up the governance model in the UAE and this is all towards a national transition.”

Look at the UAE today, Ms Al Mheiri said, and it is home to a number of ag-tech companies growing blueberries, raspberries, quinoa, salmon and even tomatoes, “food that no one ever thought would be possible to be grown in the desert”.

“It's all down to innovation, research and development that this is now possible and commercially viable. Now, we want to do the same thing globally, helping everyone because it's really our duty as responsible global citizens to share the knowledge to help each other to transition to a more resilient and sustainable world."

The UAE was the first GCC country to sign and ratify the Paris Agreement and the first country in the Mena region to commit to an economywide reduction in emissions.

Unveiled last month, the UAE's strategy to reduce carbon emissions by 2050 will see Dh600bn ($163.35bn) invested in clean and renewable energy sources in the next three decades.

These commitments highlight how the UAE is driving the global net-zero agenda, the minister said.

““We've invested so much in renewable energies that today we're actually operating the three largest in capacity, and lowest in cost, solar power plants in the world,” she said.

“In the region we were the first one that has an industrial scale, carbon capture, utilisation and storage network currently at the capacity of 800,000 tonnes per annum and expanding.”

  • The UAE’s largest ground-mounted private solar plant at Nestle Middle East’s Al Maha factory in Dubai. The UAE intends to derive 44% of its power requirements from clean energy by 2050.
    The UAE’s largest ground-mounted private solar plant at Nestle Middle East’s Al Maha factory in Dubai. The UAE intends to derive 44% of its power requirements from clean energy by 2050.
  • This prototype 100-metre diameter solar island, which can rotate to catch the sun's rays, has been created in a joint partnership between the UAE Centre Suisse d'Electronique et de Microtechnique and the government of Ras al Khaimah.
    This prototype 100-metre diameter solar island, which can rotate to catch the sun's rays, has been created in a joint partnership between the UAE Centre Suisse d'Electronique et de Microtechnique and the government of Ras al Khaimah.
  • The Shams 1 solar project generates enough electricity to power 20,000 homes in the UAE.
    The Shams 1 solar project generates enough electricity to power 20,000 homes in the UAE.
  • The Shams 1 project occupies 2.5 square kilometres and has a capacity of 100 megawatts.
    The Shams 1 project occupies 2.5 square kilometres and has a capacity of 100 megawatts.
  • Shams 1 concentrated solar plant in the Abu Dhabi Western region. The UAE accounts for more than half of the GCC’s and Levant’s solar power capacity.
    Shams 1 concentrated solar plant in the Abu Dhabi Western region. The UAE accounts for more than half of the GCC’s and Levant’s solar power capacity.
  • The President, Sheikh Khalifa, with the leaders of the UAE behind him at the opening of the Shams 1 plant in 2013.
    The President, Sheikh Khalifa, with the leaders of the UAE behind him at the opening of the Shams 1 plant in 2013.
  • The UAE's first solar plant, Shams 1 was the largest renewable energy project in operation in the Middle East when it launched in 2013
    The UAE's first solar plant, Shams 1 was the largest renewable energy project in operation in the Middle East when it launched in 2013

The UAE becoming the first country in the region to have a zero carbon emission nuclear power plant and the country becoming the permanent host country for the International Renewable Energy Agency are other examples of its commitment to a green future.

“So it was a natural step for us to then also launch the Net Zero by 2050 initiative. And, yes, we're now taking the knowledge that we have on solar power and solar innovation to the world. The UAE has so far spent $17bn already in over 70 countries with another $163bn to be spent in the next three decades as well," Ms Al Mheiri said.

She also welcomed the UAE's bid to host Cop28 in November 2023.

“We want to be global, responsible citizens and that's why we're here with such a strong delegation. And we're so excited and we hope that we win Cop28 and invite the world then to come to the UAE to see to see the actions that we're taking and to help other countries accelerate their efforts as well.”

Earlier on Friday, Ms Almheiri attended a panel discussion with Tom Vilsack, US Secretary of Agriculture, on the Aim for Climate initiative.

“Climate change is happening and it threatens to disrupt our food systems, worsen food insecurity and negatively impact the livelihoods of our agricultural producers," Mr Vilsack said.

“Now is the time for global action to address climate change. Together, we can lead the way with investments in climate-smart solutions that improve the profitability and resilience of agricultural producers and improve forest health, while creating new income opportunities and building wealth that stays in rural communities.”

A further $193 million in increased investment was secured by the AIM for Climate initiative at Cop26 on Friday thanks to eight "innovation sprints", partnerships aimed at increasing agricultural productivity, while adapting and building resilience to climate change and helping to reduce or remove greenhouse gas emissions in the sector.

Among the eight is the US Regenerative Cotton Fund, which will work with American cotton growers to introduce regenerative, healthy soil practices across more than one million acres of cropland over the next five years.

The fund, supported by a $5m investment from Ralph Lauren Corporate Foundation, aims to eliminate one million tonnes of carbon-dioxide equivalent from the atmosphere by 2026.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Turkish Ladies

Various artists, Sony Music Turkey 

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

Storage: 128/256/512GB

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

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

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

Price: From Dh2,099

Neymar's bio

Total club appearances 411

Total goals scored 241

Appearances for Barca 186

Goals scored for Barca 105

Key fixtures from January 5-7

Watford v Bristol City

Liverpool v Everton

Brighton v Crystal Palace

Bournemouth v AFC Fylde or Wigan

Coventry v Stoke City

Nottingham Forest v Arsenal

Manchester United v Derby

Forest Green or Exeter v West Brom

Tottenham v AFC Wimbledon

Fleetwood or Hereford v Leicester City

Manchester City v Burnley

Shrewsbury v West Ham United

Wolves v Swansea City

Newcastle United v Luton Town

Fulham v Southampton

Norwich City v Chelsea

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
Our legal consultant

Name: Hassan Mohsen Elhais

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

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

The specs: Audi e-tron

Price, base: From Dh325,000 (estimate)

Engine: Twin electric motors and 95kWh battery pack

Transmission: Single-speed auto

Power: 408hp

Torque: 664Nm

Range: 400 kilometres

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

Need to know

The flights: Flydubai flies from Dubai to Kilimanjaro airport via Dar es Salaam from Dh1,619 return including taxes. The trip takes 8 hours. 

The trek: Make sure that whatever tour company you select to climb Kilimanjaro, that it is a reputable one. The way to climb successfully would be with experienced guides and porters, from a company committed to quality, safety and an ethical approach to the mountain and its staff. Sonia Nazareth booked a VIP package through Safari Africa. The tour works out to $4,775 (Dh17,538) per person, based on a 4-person booking scheme, for 9 nights on the mountain (including one night before and after the trek at Arusha). The price includes all meals, a head guide, an assistant guide for every 2 trekkers, porters to carry the luggage, a cook and kitchen staff, a dining and mess tent, a sleeping tent set up for 2 persons, a chemical toilet and park entrance fees. The tiny ration of heated water provided for our bath in our makeshift private bathroom stall was the greatest luxury. A standard package, also based on a 4-person booking, works out to $3,050 (Dh11,202) per person.

When to go: You can climb Kili at any time of year, but the best months to ascend  are  January-February and September-October.  Also good are July and August, if you’re tolerant of the colder weather that winter brings.

Do not underestimate the importance of kit. Even if you’re travelling at a relatively pleasant time, be geared up for the cold and the rain.

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

UAE squad

Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.

The specs: 2018 Audi Q5/SQ5

Price, base: Dh183,900 / Dh249,000
Engine: 2.0L, turbocharged in-line four-cylinder /  3.0L, turbocharged V6
Gearbox: Seven-speed automatic / Eight-speed automatic
Power: 252hp @ 5,000rpm / 354hp @ 5,400rpm
Torque: 370Nm @ 1,600rpm / 500Nm @ 1,370rpm
Fuel economy: combined 7.2L / 100km / 8.3L / 100km

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final

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.”

Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

The%20Color%20Purple
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBlitz%20Bazawule%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EFantasia%20Barrino%2C%20Taraji%20P%20Henson%2C%20Danielle%20Brooks%2C%20Colman%20Domingo%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

'Ashkal'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Youssef%20Chebbi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Fatma%20Oussaifi%20and%20Mohamed%20Houcine%20Grayaa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Updated: November 09, 2021, 3:08 PM