The world’s fossil fuel addiction has thrown the environment into chaos, UN Secretary General Antonio Guterres said on Tuesday at the opening of Cop15, the UN biodiversity summit.
“We are treating nature like a toilet,” Mr Guterres said at the conference in Canada.
“Unsustainable production and consumption are sending emissions skyrocketing and degrading our land, sea and air.”
As talks begin this week on a new set of global goals to protect nature over the next decade, Mr Guterres stressed that Cop15 is an opportunity to halt “this orgy of destruction”.
He called on the private sector to recognise that profit and protection “must go hand in hand” and asked developed countries to provide bold financial support for the Global South, which should not be expected to shoulder the burden alone.
Animals in danger due to climate change — in pictures
The two-week summit was meant to take place in October 2020 in Kunming, China, but due to the coronavirus pandemic and Beijing's strict public health policies, it was announced in June that it would take place in Montreal in December.
Negotiators at Cop15 are expected to finalise and sign a document called the Post-2020 Global Biodiversity Framework.
The initiative has been called 30 by 30, as one of its main aims is a commitment to conserving at least 30 per cent of Earth’s land and water by 2030.
It was revealed at last month's Cop27 climate summit in Egypt that the 30 by 30 draft pledge has gained wide support from more than 110 nations, including the US.
On Sunday, more than 650 scientists sent a letter to world leaders, including US President Joe Biden and UK Prime Minister Rishi Sunak, saying that if they agree to protect 30 per cent of land and sea by 2030, they must also commit to ending reliance on biomass energy.
Traditionally, world leaders do not attend the biodiversity summits but instead send ministerial representatives to negotiations.
Recent winners
2002 Giselle Khoury (Colombia)
2004 Nathalie Nasralla (France)
2005 Catherine Abboud (Oceania)
2007 Grace Bijjani (Mexico)
2008 Carina El-Keddissi (Brazil)
2009 Sara Mansour (Brazil)
2010 Daniella Rahme (Australia)
2011 Maria Farah (Canada)
2012 Cynthia Moukarzel (Kuwait)
2013 Layla Yarak (Australia)
2014 Lia Saad (UAE)
2015 Cynthia Farah (Australia)
2016 Yosmely Massaad (Venezuela)
2017 Dima Safi (Ivory Coast)
2018 Rachel Younan (Australia)
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
The Bio
Ram Buxani earned a salary of 125 rupees per month in 1959
Indian currency was then legal tender in the Trucial States.
He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses
Buxani followed in his father’s footsteps when he applied for a job overseas
His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s
Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business
He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery
Buxani lives by a simple philosophy – do good to all
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)
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Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
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%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELuv%20Ranjan%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Shraddha%20Kapoor%2C%20Anubhav%20Singh%20Bassi%20and%20Dimple%20Kapadia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
Auron Mein Kahan Dum Tha
Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5