Cop 28 in the UAE will be critical as we act against climate change. We fully support the efforts of the UAE presidency to make these international negotiations a success. Urgent action is needed – global warming is already having dramatic effects on societies, the environment, agriculture, water and health.
To tackle climate change, the international community is committed to drastically reducing its gas emissions. This implies the need for a very large-scale energy transition by reducing consumption and massively deploying green energies.
Funding this transition is crucial.
In this regard, the world’s postwar international financial architecture is no longer sufficient. The international community’s responses are fragmented and resources provided by development institutions are not delivering everything that they could. The tightening of finance conditions and a rise in debt are slowing investment in developing countries where needs are greatest.
We must together drive change in our global financial system to make it more responsive, just and inclusive. We must also fight inequalities, finance climate transition and biodiversity protection, and move closer to achieving the UN Sustainable Development Goals on the road to Cop 28 in the UAE. This is the objective of the Summit for a New Global Financing Pact, which will be held on Thursday and Friday in Paris.
This event, which intends to be inclusive, with it being possible for every opinion and every proposal to be expressed, is part of some positive momentum. This includes the launch of World Bank reform, India’s G20 presidency and that of Brazil right after, the SDG mid-term review, as well as commitments made at previous Cops. These are all reasons for hope. Tangible solutions have already been initiated: the Paris Club and the G20 have launched an initiative for debt treatment, and France plays a pivotal role in implementing co-ordinated solutions under the Common Framework.
We have proposed and obtained the issuance of $100 billion in International Monetary Fund Special Drawing Rights for the most vulnerable countries. This is an important step forward and all countries in a position to do so must take part in this effort.
But we must now go even further, following the example of the Bridgetown Initiative – a set of innovative solutions spearheaded by Barbados to address the climate vulnerability affecting many middle-income developing countries.
Funding this transition is crucial and, in this regard, the world’s postwar international financial architecture is no longer sufficient
We will promote a reform agenda for development banks and the IMF to provide more finance to those countries most in need as well as to meet global challenges. It is also necessary to mobilise private finance to redirect financial flows towards these nations.
To be more inclusive, we must finally give a greater voice to the most vulnerable countries in international forums.
The Paris Summit for a New Global Financing Pact highlights global finance challenges, and the many leaders taking part will give the impetus needed to carry out the transformations our system requires.
International solidarity has never been more critical to help the most exposed countries exit the Covid-19 crisis, deal with the consequences of Russian invasion of Ukraine on food and energy security, and cover the very high cost of climate transition. It is necessary to make a major change.
A number of G7 and G20 countries share this observation with France and wish to promote the same conviction: we have to act fast and join efforts to correct the imbalances and injustices generated by these divides.
We do not have to choose between fighting poverty, tackling climate change and its impact, and protecting biodiversity. A just transition is the only answer.
11 cabbie-recommended restaurants and dishes to try in Abu Dhabi
Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)
Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)
Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)
Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).
Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)
Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)
Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)
Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)
Pinky Food Restaurant in Tanker Mai for tilapia
Tasty Zone for Nepalese-style noodles (Dh15)
Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
UAE currency: the story behind the money in your pockets
The years Ramadan fell in May
MATCH INFO
Liverpool 2 (Van Dijk 18', 24')
Brighton 1 (Dunk 79')
Red card: Alisson (Liverpool)
How much sugar is in chocolate Easter eggs?
- The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
- The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
- The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
- The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
- The Cadbury Creme Egg contains 26g of sugar per 40g egg
Race card:
6.30pm: Baniyas (PA) Group 2 Dh195,000 1,400m.
7.05pm: Maiden (TB) Dh165,000 1,400m.
7.40pm: Handicap (TB) Dh190,000 1,200m.
8.15pm: Maiden (TB) Dh165,000 1,200m.
8.50pm: Rated Conditions (TB) Dh240,000 1,600m.
9.20pm: Handicap (TB) Dh165,000 1,400m.
10pm: Handicap (TB) Dh175,000 2,000m.
UAE currency: the story behind the money in your pockets
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The years Ramadan fell in May
KILLING OF QASSEM SULEIMANI
Stree
Producer: Maddock Films, Jio Movies
Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5
UAE currency: the story behind the money in your pockets
The years Ramadan fell in May
Killing of Qassem Suleimani
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Zayed Sustainability Prize
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Man of the match Son Heung-min (Tottenham)
Mohammed bin Zayed Majlis
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The specs: 2018 Range Rover Velar R-Dynamic HSE
Price, base / as tested: Dh263,235 / Dh420,000
Engine: 3.0-litre supercharged V6
Power 375hp @ 6,500rpm
Torque: 450Nm @ 3,500rpm
Transmission: Eight-speed automatic
Fuel consumption, combined: 9.4L / 100kms
Mobile phone packages comparison
Dubai World Cup draw
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2. Capezzano
3. North America
4. Audible
5. Seeking The Soul
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7. Gronkowski
8. Axelrod
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10. Yoshida
11. K T Brave
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