A farmer in the Niger whose fields have dried up due to the heat.
A father in Palau who does not know whether his house will still be standing when his children are grown up – or whether the rising sea levels will swallow up his village.
Mayors in Spain, Germany or Lithuania who have to find a way to protect their towns and cities from a water shortage and ever more dangerous floods.
Regardless of which country you look at in the world, one crisis is evident everywhere: the climate crisis.
This crisis is the greatest security challenge of our age. It affects us all – with varying degrees of severity but with the same relentlessness.
What gives me hope is that we have the knowledge, the technology as well as the instruments to contain the climate crisis together. What we need is political will.
In 2015, the international community showed this will and paved the way for a new, climate-neutral world by adopting the Paris Agreement. Nearly 170 countries set themselves ambitious climate targets back then. The expansion of renewable energies has accelerated dramatically.
However, when we come together for the Climate Change Conference in Dubai, we will also know that we find ourselves in a race against time – and we have been too slow to date.
The forthcoming Cop is a huge opportunity to pick up the pace, an opportunity which we should seize together by forming alliances among countries at the forefront of climate action. For in Dubai we will be carrying out the Global Stocktake agreed in Paris for the first time. This will allow us to review our progress towards reaching the targets set in Paris and to determine where we have to step things up.
No country should have to decide between development and climate action
Germany believes that three points are key here.
First of all, we should hugely ramp up the global energy transition by 2030. For every tonne of CO2 a country emits harms us all. According to the International Panel on Climate Change, we have to work together to decrease global emissions by at least 43 per cent in the course of this decade. Every percentage point reduction in greenhouse gases means fewer droughts, fewer floods and fewer lives lost.
In the EU, we have set a course for climate neutrality by 2050 with the Green Deal. In Germany, we have pledged by law to become climate neutral by 2045.
However, the energy transition is a global task.
That is why we are working to ensure that a joint agreement is reached at Cop28 on tripling renewable energies, doubling energy efficiency and gradually phasing out fossil fuels.
By doing this, we also want to make it clear that the transition towards an energy system largely free of fossil fuels has begun.
Secondly, our best tool for tackling the climate crisis is solidarity. That is why we are standing shoulder-to-shoulder with those who have played the smallest role in bringing about the climate crisis but are now being hit hardest.
Three years earlier than announced, Germany has increased its annual contribution to climate finance to more than €6 billion ($6.6 billion) from its budget funds. In so doing, we are playing our part in the industrialised countries’ pledge to make available €100 billion for climate finance – and we are confident that this pledge will be fulfilled by the end of this year.
We know that the climate crisis is already having effects which can no longer be reversed. That is why we are also pressing ahead with adaptation to climate change and providing special support for developing countries. The contributions of all donors for adaptation should be doubled to $40 billion by 2025 at the latest. Germany intends to play its part in reaching this target.
At the last Climate Change Conference, we agreed to establish a loss and damage fund, and we recently fleshed it out in Abu Dhabi. Our task now is to confirm this agreement at Cop28 and to fill the fund with money. To achieve this, it is key that the funds go first and foremost to the most vulnerable states and that all states with the means to do so contribute to the fund. Naturally, this includes the industrialised countries. However, it also includes those states that have earned a lot of money with fossil fuels or have enjoyed high growth rates in the last few years. We all have an obligation.
That is why, thirdly, we want to invest in our partnerships at Cop28. We know that the conditions necessary for a successful energy transition and climate action are different in each country. And that the radical change which the green transformation will entail can only work if it is socially just. We will support our partners to this end.
We can all benefit because every investment in solar panels, in green hydrogen or in heat insulation technologies is an opportunity for growth, new jobs and a secure energy supply. For this reason, we are expanding climate, energy and development partnerships. They will enable both sides to learn from each other and will benefit both sides.
After all, no country should have to decide between development and climate action. Every society has its own path to follow.
It is important that we all have the same goal: a climate-neutral and resilient future in which our children can live in security and prosperity. During the coming days in Dubai, we will have an opportunity to set out on this journey together.
We should seize this opportunity.
Timeline
1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line
1962
250 GTO is unveiled
1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company
1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens
1976
First automatic Ferrari, the 400 Automatic, is made
1987
F40 launched
1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent
2002
The Enzo model is announced
2010
Ferrari World opens in Abu Dhabi
2011
First four-wheel drive Ferrari, the FF, is unveiled
2013
LaFerrari, the first Ferrari hybrid, arrives
2014
Fiat Chrysler announces the split of Ferrari from the parent company
2015
Ferrari launches on Wall Street
2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
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More from Rashmee Roshan Lall
Essentials
The flights
Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours.
The package
Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.
UAE currency: the story behind the money in your pockets
So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
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
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PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
UAE currency: the story behind the money in your pockets
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Global state-owned investor ranking by size
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United States
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2.
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China
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3.
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UAE
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4.
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Japan
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5
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Norway
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6.
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Canada
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7.
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
