The UAE’s climate summit has “inspired” the new British government, the UK’s Foreign Secretary David Lammy said, as he announced a major change of tack on climate change.
Taking a very different approach to the previous government, Mr Lammy has put the climate emergency at the top of his agenda.
He said the Tories had run a “fossil fuel government in a renewable era”, and tackling the issue would become a key part of his work as head of the Foreign Office.
Earlier this year, a report by independent government advisers said Britain was not doing enough to meet targets and concluded it had “lost its clear global leadership position” on tackling the climate crisis. Mr Lammy said he was “determined to restore Britain's reputation for commitment and innovation in the world of development finance”.
In a keynote speech, he spoke of the urgency to unlock international funding for the Global South, as well as warning of the worldwide impact of forced human migration from hot zones.
But he also cautioned that both Britain and the Global North could not ignore the impact of climate change much longer, highlighting the prediction that by 2050 more than 200 million in the Global South will be forced from their homes by temperature rises.
He said: “Demands for action from the world’s most vulnerable, and the requirements of delivering security to British citizens are fundamentally aligned … the threat may not feel as urgent as a terrorist or an imperialist autocrat, but it is more fundamental. It is systemic, it is pervasive and accelerating towards us at pace.”
The change of direction putting climate at the heart of government policy was crucial to making improvements to the global outlook, experts told The National.
“It’s really important that the UK has changed tack and it’s really good that we are back in a leadership, that we are now a voice to be heard,” said China Williams, senior science policy adviser at the Royal Botanical Gardens in Kew, London.
Her comments came a few minutes after Mr Lammy had travelled to Kew, which conserves more than two billion seeds from around the world to avoid their extinction, to speak on climate, in an unusual move for a UK foreign secretary.
But his reasons were very clear. “There will be no global stability without climate stability,” he told the audience of global ambassadors, including those from Saudi Arabia, Brazil and India, as well as UK Treasury officials.
Cop28 inspiration
For Mr Lammy, whose father was a migrant from Guyana, the impact of global warming was “personal” after Storm Beryl became the earliest Category Five hurricane to ever hit the Caribbean in June.
“It’s the most vulnerable that bear the brunt,” he said, adding that how the world tackled the emergency will “define our time”.
This required a “hard-headed approach from diplomacy and finance” he said before referencing the progress made in the Cop28 summit last year in Dubai.
“The agreement on loss and damage at the last Cop was an inspiring example of what the world can achieve by working together,” he said.
Ms Williams agreed that Cop28 had been vital, with “the big decision on loss and damage” as well as opportunities for investing. “Cop28 really illustrated the damage on the ground to communities such as the Caribbean where people who do least damage suffer the most,” she said. “David Lammy made that very personal.”
Professor Mark Maslin, a leading London University climate change academic, said Cop28 “drove the agenda” and even though Dubai was “in the heart of the oil and gas-producing world their plan for a just and orderly transition away from fossil fuels was huge”.
Movement of people
Prof Maslin, who personally briefed Mr Lammy on climate before the last election, said the politician took the issue “very, very seriously from an economic point of view as well as the threat to human life”.
“As foreign secretary he gets the global ramifications as climate change makes more parts of world uninhabitable then there will be a consequential movement of people that will have geopolitical implications affecting the balance of power around the world,” he added.
That is why the Labour government is diverting significantly from the previous Conservative administration's position on carbon emissions in which they U-turned on net zero by 2030.
He said: “They became climate dinosaurs – crashing offshore wind, blocking onshore wind, moving the goalposts on electric vehicle targets, doubling down on oil and gas, leaving British wildlife in crisis, our biodiversity declining at an unprecedented rate, our precious national parks in decline, our rivers, lakes and seas awash with toxic sewage. Blind (to) the opportunities of the energy transition, a fossil fuel government in a renewable age.”
The UK government further signalled its new stance after the Environment Secretary Ed Miliband made a climate speech a few hours earlier on Tuesday in which he stated the importance of renewable energy.
“Every wind turbine we put up, every solar panel we install, every piece of grid we construct protects families from future energy shocks,” he told the Energy UK conference. He vowed to “take on the blockers, the delayers, the obstructionists” to build clean energy infrastructure.
Speaking at trade body Energy UK’s annual conference in London, he said the renewable energy transition is the “economic justice, energy security and national security fight of our time”. He said switching to clean energy is not just about climate change, but that “dependence on fossil fuels leaves us deeply vulnerable as a country, and the government’s view is that we simply can’t go on like this”.
Renewable age
Mr Lammy announced the creation of the global clean power alliance to improve renewable energy coverage worldwide. He added that the government would end the era of “do as I say, not as I do” climate diplomacy, and it would appoint a new UK special representative for climate change and nature.
The alliance would be focused on increasing global investment, Mr Lammy said, and widening the production and supply of minerals needed for batteries and green technology, including lithium, cobalt and copper.
Finance for global south
It was vital that countries came together to help finance the Global South’s transition to clean energy, Mr Lammy said.
He wanted to instigate a “global clean power alliance” that would accelerate the clean energy transition. “Today we are firing the starting gun on forming this new coalition,” he said, adding that it must “unlock global finance on a far larger scale”.
If this did not happen, then there would be mass migration from the south. “We cannot hope they will stay away from our shores,” he said but the threat “was coming towards us at pace”.
The effects of climate change on the Middle East region - in pictures
Getting energy to about 700 million people, direct into their homes, was “essential to help these countries lift themselves out of poverty” said Prof Maslin. “Electricity allows children to study at night or start up businesses that need to be connected to the national grid,” he added
Bernice Lee, the Chatham House think tank expert on climate, argued that the Global South was “critical” not just for its mineral supply but because the emergency was an “existential threat” to all mankind. “The needed scale and speed of transition requires a whole of economy, society and government approach beyond silos,” she added.
New leadership
Ultimately it was the UK’s new direction on climate change that could inspire others, said Ms Williams. “Our leaders are now going to Azerbaijan [for Cop29] and of course to Cop30 in Brazil next year, which is showing true leadership,” she said. “This is a massive challenge but it says something that David Lammy really wanted to take it on.”
Her colleague Dr Paul Kersey, the deputy director of science at Kew, added that the new approach “puts nature at the heart of the government agenda”.
“I really like that Kew’s framing of the biodiversity and nature threat is permeating the highest levels of government,” he added
How to invest in gold
Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.
A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).
Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.
Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”
Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”
Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”
By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.
You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.
You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.
FIXTURES
All times UAE ( 4 GMT)
Friday
Saint-Etienne v Montpellier (10.45pm)
Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)
Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)
COMPANY%20PROFILE
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Key recommendations
- Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
- Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
- Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
- More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
Company%20profile
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
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
The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
UAE currency: the story behind the money in your pockets
ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
COMPANY%20PROFILE
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Fast%20X
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Louis%20Leterrier%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Vin%20Diesel%2C%20Michelle%20Rodriguez%2C%20Jason%20Statham%2C%20Tyrese%20Gibson%2C%20Ludacris%2C%20Jason%20Momoa%2C%20John%20Cena%2C%20Jordana%20Brewster%2C%20Nathalie%20Emmanuel%2C%20Sung%20Kang%2C%20Brie%20Larson%2C%20Helen%20Mirren%20and%20Charlize%20Theron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
The%20specs
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TWISTERS
Director: Lee Isaac Chung
Starring: Glen Powell, Daisy Edgar-Jones, Anthony Ramos
Rating: 2.5/5
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Cofe
Year started: 2018
Based: UAE
Employees: 80-100
Amount raised: $13m
Investors: KISP ventures, Cedar Mundi, Towell Holding International, Takamul Capital, Dividend Gate Capital, Nizar AlNusif Sons Holding, Arab Investment Company and Al Imtiaz Investment Group
COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
TICKETS
For tickets for the two-day Maharlika Pilipinas Basketball League (MPBL) event, entitled Dubai Invasion 2019, on September 27 and 28 go to www.meraticket.com.
T20 World Cup Qualifier A, Muscat
Friday, February 18: 10am - Oman v Nepal, Canada v Philippines; 2pm - Ireland v UAE, Germany v Bahrain
Saturday, February 19: 10am - Oman v Canada, Nepal v Philippines; 2pm - UAE v Germany, Ireland v Bahrain
Monday, February 21: 10am - Ireland v Germany, UAE v Bahrain; 2pm - Nepal v Canada, Oman v Philippines
Tuesday, February 22: 2pm – semi-finals
Thursday, February 24: 2pm – final
UAE squad: Ahmed Raza (captain), Muhammad Waseem, Chirag Suri, Vriitya Aravind, Rohan Mustafa, Kashif Daud, Zahoor Khan, Alishan Sharafu, Raja Akifullah, Karthik Meiyappan, Junaid Siddique, Basil Hameed, Zafar Farid, Mohammed Boota, Mohammed Usman, Rahul Bhatia
All matches to be streamed live on icc.tv