Greenhouse gas concentrations, global sea levels and ocean heat content all reached record highs in 2021, a study published on Wednesday showed.
The US National Oceanic and Atmospheric Administration (NOAA) led hundreds of global scientists in an annual review of the changing climate.
Researchers found that seas around the globe rose 4.9 millimetres above 2020 levels, the 10th consecutive annual increase. This marks a cumulative 97mm rise over 1993, when records began.
The findings support recent research stating that sea-level rise is “locked in” due to the melting of the Greenland Ice Sheet and the NOAA reporting that levels along US coastlines could rise by up to 50 centimetres by 2050.
“The data presented in this report are clear — we continue to see more compelling scientific evidence that climate change has global impacts and shows no sign of slowing,” said NOAA Administrator Rick Spinrad.
Global ocean heat content, measured from the ocean’s surface to a depth of more than 1,800 metres, continued to increase and reached new highs in 2021, the NOAA said.
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Displaced people have put up makeshift tents along elevated motorways and railway tracks in Pakistan's Balochistan province to escape the flooded plains. AFP -

A man and his children wade through floodwaters in Charsadda, Pakistan. AP -

Homes are surrounded by floodwaters in Jaffarabad, a district of Balochistan province. AP -

Children are reflected in a mirror near their flood-hit home in Charsadda. AP -

People launch a wooden boat into rising floodwaters in Mehar, Pakistan. Reuters -

People affected by floods move to higher ground in Dadu district, Sindh province, Pakistan. EPA -

Displaced people take shelter on an elevated motorway to escape rising floodwaters. EPA -

People affected by floods wait for relief in Dadu district, Sindh province. EPA -

A girl sits amid the rubble of her damaged home in Charsadda district, Khyber Pakhtunkhwa province. AP -

A sick child struggles to eat in Charsadda after his family fled their home due to flooding. AP -

A man rides his donkey-drawn cart during a heavy rainfall in flood-hit Dera Allah Yar town in Balochistan province. AFP -

Homes are surrounded by floodwaters in Sohbat Pur, a city in Balochistan. AP -

A boy pushes a motorbike after it stalled in Nowshera, Khyber Pakhtunkhwa province. Reuters -

Children affected by floods wait to receive food in Nowshera district. EPA -

A man throws water out of his flooded home in Nowshera. EPA -

People assess the damage to their home in Nowshera. EPA -

A family salvages items from the ruins of their home, which was destroyed by flooding, in the Shikarpur district of Sindh province. AP -

The flooding has affected more than 33 million people in a country of 220 million. AP -

People salvage items from a damaged building in Kalam, Swat Valley. AP -

Hotels are surrounded by floodwaters in Kalam. AP -

Displaced people sit on a tractor with their belongings as they make their way to higher ground in Shikarpur. AFP -

A child sits on a dry ground at a makeshift camp in Shikarpur. AFP -

People jostle for drinking water delivered by a municipality lorry along a flooded road in Sohbatpur, Balochistan. AP
The report also found greenhouse gases reached record levels last year.
Carbon dioxide emissions seen in 2021 were the “highest measured in the modern observational records as well as the highest in at least the last million years based on paleoclimatic records”, the report said.
Scientists added that the global warming continues unabated despite efforts to curb climate change.
The study showed that 2021 was among the top six warmest years recorded since the 1800s. The past seven years have been the hottest in history.
The Cop27 climate conference is being held in Egypt this November and the UN says “much more is needed” to be done in the fight against global warming.
“With many communities hit with 1,000-year floods, exceptional drought and historic heat this year, it shows that the climate crisis is not a future threat but something we must address today,” Mr Spinrad said.
This summer alone, at least a third of Pakistan is underwater due to historic flooding, record monsoon rainfall has hit India, and the US, China and Europe reported unprecedented high temperatures.
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Dried mud and old trees at Colliford Lake in Cornwall, England, where water levels have severely dropped exposing the unseen trees and rocks in Cornwall's largest lake and reservoir. PA -

A large section of exposed River Rhine riverbed, due to low water levels caused by drought, in Duesseldorf, Germany. Bloomberg -

A boat on a bank of the receding Danube river, after a lengthy drought near the village of Cortanovci, Serbia. AP -

People take a stroll on the river bed of the Waal as water levels dropped because of drought in Nijmegen, Netherlands. AP -

People take photos on the southern tip of Margaret Island, which can be seen due to low water level of the River Danube, in Budapest, Hungary. AP -

The dried-up river Tille in Lux, France. AP -

A bridge, which is usually submerged, over the dried bed of Llwyn-on Reservoir, during a heatwave in Wales. Reuters -

The Rhine river with low water levels in Cologne, Germany. AP -

The Yesa reservoir and the Aragon River are practically without water in Yesa, Navarra, Spain. EPA -

Low water levels at Baitings Reservoir in Ripponden, West Yorkshire, England. Reuters -

Low water levels at the Odra river near Czelin village, north-western Poland. EPA -

Boats on the dried bed of the drought-affected Doubs river on the border with France in Les Brenets, Switzerland. Reuters -

A person sits by a reservoir with low water levels and dried grass at Walthamstow Wetlands in London, England. EPA -

The dried-up River Po that has been affected by the worst drought in 70 years, near Borgo Virgilio, Italy. Reuters
THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
Rating: 3/5
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.”
Spain drain
CONVICTED
Lionel Messi Found guilty in 2016 of of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying €4.1m in taxes on income earned from image rights. Sentenced to 21 months in jail and fined more than €2m. But prison sentence has since been replaced by another fine of €252,000.
Javier Mascherano Accepted one-year suspended sentence in January 2016 for tax fraud after found guilty of failing to pay €1.5m in taxes for 2011 and 2012. Unlike Messi he avoided trial by admitting to tax evasion.
Angel di Maria Argentina and Paris Saint-Germain star Angel di Maria was fined and given a 16-month prison sentence for tax fraud during his time at Real Madrid. But he is unlikely to go to prison as is normal in Spain for first offences for non-violent crimes carrying sentence of less than two years.
SUSPECTED
Cristiano Ronaldo Real Madrid's star striker, accused of evading €14.7m in taxes, appears in court on Monday. Portuguese star faces four charges of fraud through offshore companies.
Jose Mourinho Manchester United manager accused of evading €3.3m in tax in 2011 and 2012, during time in charge at Real Madrid. But Gestifute, which represents him, says he has already settled matter with Spanish tax authorities.
Samuel Eto'o In November 2016, Spanish prosecutors sought jail sentence of 10 years and fines totalling €18m for Cameroonian, accused of failing to pay €3.9m in taxes during time at Barcelona from 2004 to 2009.
Radamel Falcao Colombian striker Falcao suspected of failing to correctly declare €7.4m of income earned from image rights between 2012 and 2013 while at Atletico Madrid. He has since paid €8.2m to Spanish tax authorities, a sum that includes interest on the original amount.
Jorge Mendes Portuguese super-agent put under official investigation last month by Spanish court investigating alleged tax evasion by Falcao, a client of his. He defended himself, telling closed-door hearing he "never" advised players in tax matters.
Hot%20Seat
Explained
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
While you're here
Hend Al Otaiba: A year ago, Covid-19 forced us apart – now, vaccines can bring us back together
National Editorial: Iata travel pass – 'digital passports' will get the world moving again
Lucy Sherriff: Covid vaccine passports: safeguard or ethical nightmare?
A Long Way Home by Peter Carey
Faber & Faber
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The biog
Name: Sarah Al Senaani
Age: 35
Martial status: Married with three children - aged 8, 6 and 2
Education: Masters of arts in cultural communication and tourism
Favourite movie: Captain Corelli’s Mandolin
Favourite hobbies: Art and horseback ridding
Occupation: Communication specialist at a government agency and the owner of Atelier
Favourite cuisine: Definitely Emirati - harees is my favourite dish
Company%20Profile
Story%20behind%20the%20UAE%20flag
The biog:
Languages: Arabic, Farsi, Hindi, basic Russian
Favourite food: Pizza
Best food on the road: rice
Favourite colour: silver
Favourite bike: Gold Wing, Honda
Favourite biking destination: Canada
Scores
New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs
New Zealand win by 47 runs
More from Alistair Burt
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Zayed Sustainability Prize
The specs: 2018 Ford Mustang GT
Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm
Fuel economy, combined: 10.3L / 100km
RESULTS
Confirmed%20bouts%20(more%20to%20be%20added)
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
COMPANY PROFILE
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Day 2, stumps
Pakistan 482
Australia 30/0 (13 ov)
Australia trail by 452 runs with 10 wickets remaining in the innings
Elvis
You may remember …
Robbie Keane (Atletico de Kolkata) The Irish striker is, along with his former Spurs teammate Dimitar Berbatov, the headline figure in this season’s ISL, having joined defending champions ATK. His grand entrance after arrival from Major League Soccer in the US will be delayed by three games, though, due to a knee injury.
Dimitar Berbatov (Kerala Blasters) Word has it that Rene Meulensteen, the Kerala manager, plans to deploy his Bulgarian star in central midfield. The idea of Berbatov as an all-action, box-to-box midfielder, might jar with Spurs and Manchester United supporters, who more likely recall an always-languid, often-lazy striker.
Wes Brown (Kerala Blasters) Revived his playing career last season to help out at Blackburn Rovers, where he was also a coach. Since then, the 23-cap England centre back, who is now 38, has been reunited with the former Manchester United assistant coach Meulensteen, after signing for Kerala.
Andre Bikey (Jamshedpur) The Cameroonian defender is onto the 17th club of a career has taken him to Spain, Portugal, Russia, the UK, Greece, and now India. He is still only 32, so there is plenty of time to add to that tally, too. Scored goals against Liverpool and Chelsea during his time with Reading in England.
Emiliano Alfaro (Pune City) The Uruguayan striker has played for Liverpool – the Montevideo one, rather than the better-known side in England – and Lazio in Italy. He was prolific for a season at Al Wasl in the Arabian Gulf League in 2012/13. He returned for one season with Fujairah, whom he left to join Pune.
The%20US%20Congress%20explained
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
Aldar Properties Abu Dhabi T10
*November 15 to November 24
*Venue: Zayed Cricket Stadium, Abu Dhabi
*Tickets: Start at Dh10, from ttensports.com
*TV: Ten Sports
*Streaming: Jio Live
*2017 winners: Kerala Kings
*2018 winners: Northern Warriors
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
Price: From Dh117,059







