Dr Sultan Al Jaber, second right, said addressing the cost of capital is a main priority for Cop28. Photo: Cop28 UAE
Dr Sultan Al Jaber, second right, said addressing the cost of capital is a main priority for Cop28. Photo: Cop28 UAE
Dr Sultan Al Jaber, second right, said addressing the cost of capital is a main priority for Cop28. Photo: Cop28 UAE
Dr Sultan Al Jaber, second right, said addressing the cost of capital is a main priority for Cop28. Photo: Cop28 UAE

Caribbean needs more money to support climate fight, says Cop28 leader


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Dr Sultan Al Jaber is calling for more financial support to help Caribbean nations in their fight against the impact of climate change.

The Cop28 President-designate and Minister of Industry and Advanced Technology was in Barbados on Thursday meeting with leaders from a 15-member trade bloc known as Caribbean Community and Common Market (Caricom).

In the meeting, he underlined his commitment to support countries at risk and to mobilise the international community at Cop28 to close the climate finance gap.

"We all know that the cost of capital has slowed the adoption of renewable energy in this region, alongside many other climate-vulnerable regions of the world," Dr Al Jaber said.

"That is why addressing the climate finance gap is so important and why I have made it a key priority for Cop28."

Dr Al Jaber spoke the same day that the US National Oceanic and Atmospheric Administration increased its prediction for the Atlantic hurricane season from near-normal to above-normal given record sea surface temperatures, AP reported.

Some 14 to 21 named storms are now expected, with two to five major hurricanes. Five tropical storms already have formed this year, marking an unusually busy start to the season, which runs from June 1 to November 30.

“This region knows only too well the human and economic costs of too little finance for climate adaptation and resilience,” he said.

Dr Al Jaber said high costs have prevented island nations from quickly adopting renewable energy as they face what he said was some of the world’s harshest climate impacts.

“The peoples of the Caribbean have been on the front lines of climate change for longer than most,” he said.

“Your experience represents an early warning system for the rest of the world.”

Closing the climate finance gap is one of four pillars of the UAE's Cop28 plan.

Announced last month, Dr Al Jaber said fast-tracking the energy transition, fixing climate finance, focusing on people and making inclusivity will be hallmarks of the summit in Dubai.

He set out what he called a “science-based, action-oriented” plan at a 26-nation climate meeting in Brussels.

The focus on finance comes amid calls to reform a global system that is “not making finance anywhere near available, accessible or affordable enough”, he said.

Dr Al Jaber, who recently attended a summit in Paris on overhauling the financial system, said it was in need of a “comprehensive transformation” and not just “piecemeal reform”

Cop28, which will be hosted at Expo City Dubai in November, will be the first “global stocktake” of progress in limiting climate change.

From Conquest to Deportation

Jeronim Perovic, Hurst

Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
  • Unlike students, they are allowed to bring their families to France
Tips for avoiding trouble online
  • Do not post incorrect information and beware of fake news
  • Do not publish or repost racist or hate speech, yours or anyone else’s
  • Do not incite violence and be careful how to phrase what you want to say
  • Do not defame anyone. Have a difference of opinion with someone? Don’t attack them on social media
  • Do not forget your children and monitor their online activities
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Company%20Profile
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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

Iraq negotiating over Iran sanctions impact
  • US sanctions on Iran’s energy industry and exports took effect on Monday, November 5.
  • Washington issued formal waivers to eight buyers of Iranian oil, allowing them to continue limited imports. Iraq did not receive a waiver.
  • Iraq’s government is cooperating with the US to contain Iranian influence in the country, and increased Iraqi oil production is helping to make up for Iranian crude that sanctions are blocking from markets, US officials say.
  • Iraq, the second-biggest producer in the Organization of Petroleum Exporting Countries, pumped last month at a record 4.78 million barrels a day, former Oil Minister Jabbar Al-Luaibi said on Oct. 20. Iraq exported 3.83 million barrels a day last month, according to tanker tracking and data from port agents.
  • Iraq has been working to restore production at its northern Kirkuk oil field. Kirkuk could add 200,000 barrels a day of oil to Iraq’s total output, Hook said.
  • The country stopped trucking Kirkuk oil to Iran about three weeks ago, in line with U.S. sanctions, according to four people with knowledge of the matter who asked not to be identified because they aren’t allowed to speak to media.
  • Oil exports from Iran, OPEC’s third-largest supplier, have slumped since President Donald Trump announced in May that he’d reimpose sanctions. Iran shipped about 1.76 million barrels a day in October out of 3.42 million in total production, data compiled by Bloomberg show.
  • Benchmark Brent crude fell 47 cents to $72.70 a barrel in London trading at 7:26 a.m. local time. U.S. West Texas Intermediate was 25 cents lower at $62.85 a barrel in New York. WTI held near the lowest level in seven months as concerns of a tightening market eased after the U.S. granted its waivers to buyers of Iranian crude.

First Person
Richard Flanagan
Chatto & Windus 

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

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

The Gandhi Murder
  • 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
  • 34 - Nationalities featured in the film The Gandhi Murder
  • 7 - million dollars, the film's budget 
HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months
Company%20profile%20
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THE BIO

Ambition: To create awareness among young about people with disabilities and make the world a more inclusive place

Job Title: Human resources administrator, Expo 2020 Dubai

First jobs: Co-ordinator with Magrudy Enterprises; HR coordinator at Jumeirah Group

Entrepreneur: Started his own graphic design business

Favourite singer: Avril Lavigne

Favourite travel destination: Germany and Saudi Arabia

Family: Six sisters

Updated: August 11, 2023, 5:20 AM`