In this Aug. 3, 2012 file photo, an Indian farmer shows a dry, cracked paddy field in Ranbir Singh Pura, 34 kilometres from Jammu, India. A United Nations panel of scientists has drafted a list of eight "key risks” about climate change that have the greatest potential to cause harm to the planet. The list is part of a massive report on how global warming is affecting humans and the planet and how the future will be worse unless something is done about it. Channi Anand, file/  AP photo
In this Aug. 3, 2012 file photo, an Indian farmer shows a dry, cracked paddy field in Ranbir Singh Pura, 34 kilometres from Jammu, India. A United Nations panel of scientists has drafted a list of eigShow more

Global warming dials up risks on all continents, United Nations report says



YOKOHAMA, Japan // If the world doesn’t cut pollution of heat-trapping gases, the already noticeable harms of global warming could spiral “out of control,” the head of a United Nations scientific panel warned Monday.

And he’s not alone. The Obama White House says it is taking this new report as a call for action, with Secretary of State John Kerry saying “the costs of inaction are catastrophic.”

Rajendra Pachauri, chairman of the Intergovernmental Panel on Climate Change that issued the 32-volume, 2,610-page report here early Monday, told the Associated Press: “it is a call for action.” Without reductions in emissions, he said, impacts from warming “could get out of control.”

One of the study’s authors, Maarten van Aalst, a top official at the International Federation of the Red Cross and Red Crescent Societies, said, “If we don’t reduce greenhouse gases soon, risks will get out of hand. And the risks have already risen.”

Twenty-first century disasters such as killer heatwaves in Europe, wildfires in the United States, droughts in Australia and deadly flooding in Mozambique, Thailand and Pakistan highlight how vulnerable humanity is to extreme weather, according to the report from the Nobel Prize-winning group of scientists. The dangers are going to worsen as the climate changes even more, the report’s authors said.

“We’re now in an era where climate change isn’t some kind of future hypothetical,” said the overall lead author of the report, Chris Field of the Carnegie Institution for Science in California. “We live in an area where impacts from climate change are already widespread and consequential.”

Nobody is immune, Pachauri and other scientists said.

“We’re all sitting ducks,” Princeton University professor Michael Oppenheimer, one of the main authors of the report, said in an interview.

After several days of late-night wrangling, more than 100 governments unanimously approved the scientist-written 49-page summary — which is aimed at world political leaders. The summary mentions the word “risk” an average of about 5 1/2 times per page.

“Changes are occurring rapidly and they are sort of building up that risk,” Field said.

These risks are both big and small, according to the report. They are now and in the future. They hit farmers and big cities. Some places will have too much water, some not enough, including drinking water. Other risks mentioned in the report involve the price and availability of food, and to a lesser and more qualified extent some diseases, financial costs and even world peace.

“Things are worse than we had predicted” in 2007, when the group of scientists last issued this type of report, said report co-author Saleemul Huq, director of the International Centre for Climate Change and Development at the Independent University in Bangladesh. “We are going to see more and more impacts, faster and sooner than we had anticipated.”

The problems have got so bad that the panel had to add a new and dangerous level of risks. In 2007, the biggest risk level in one key summary graphic was “high” and coloured blazing red. The latest report adds a new level, “very high,” and colours it deep purple.

You might as well call it a “horrible” risk level, said van Aalst: “The horrible is something quite likely, and we won’t be able to do anything about it.”

The report predicts that the highest level of risk would first hit plants and animals, both on land and the acidifying oceans.

Climate change will worsen problems that society already has, such as poverty, sickness, violence and refugees, according to the report. And on the other end, it will act as a brake slowing down the benefits of a modernising society, such as regular economic growth and more efficient crop production, it says.

“In recent decades, changes in climate have caused impacts on natural and human systems on all continents and across the oceans,” the report says.

And if society doesn’t change, the future looks even worse, it says: “Increasing magnitudes of warming increase the likelihood of severe, pervasive, and irreversible impacts.”

While the problems from global warming will hit everyone in some way, the magnitude of the harm won’t be equal, coming down harder on people who can least afford it, the report says. It will increase the gaps between the rich and poor, healthy and sick, young and old, and men and women, van Aalst said.

But the report’s authors say this is not a modern day version of the Four Horsemen of the Apocalypse. Much of what they warn of are more nuanced troubles that grow by degrees and worsen other societal ills. The report also concedes that there are uncertainties in understanding and predicting future climate risks.

The report, the fifth on warming’s impacts, includes risks to the ecosystems of the Earth, including a thawing Arctic, but it is far more orientated to what it means to people than past versions.

The report also notes that one major area of risk is that with increased warming, incredibly dramatic but ultra-rare single major climate events, sometimes called tipping points, become more possible with huge consequences for the globe. These are events like the melting of the Greenland ice sheet, which would take more than 1,000 years.

“I can’t think of a better word for what it means to society than the word ‘risk,”’ said Virginia Burkett of the US. Geological Survey, one of the study’s main authors. She calls global warming “maybe one of the greatest known risks we face.”

Global warming is triggered by heat-trapping gases, such as carbon dioxide, that stay in the atmosphere for a century. Much of the gases still in the air and trapping heat came from the United States and other industrial nations. China is now by far the No. 1 carbon dioxide polluter, followed by the United States and India.

Unlike in past reports, where the scientists tried to limit examples of extremes to disasters that computer simulations can attribute partly to man-made warming, this version broadens what it looks at because it includes the larger issues of risk and vulnerability, van Aalst said.

Freaky storms like 2013’s Typhoon Haiyan, 2012’s Superstorm Sandy and 2008’s ultra-deadly Cyclone Nargis may not have been caused by warming, but their fatal storm surges were augmented by climate change’s ever rising seas, he said.

And in the cases of the big storms like Haiyan, Sandy and Hurricane Katrina in 2005, the poor were the most vulnerable, Oppenheimer and van Aalst said. The report talks about climate change helping create new pockets of poverty and “hot spots of hunger” even in richer countries, increasing inequality between rich and poor.

Report co-author Maggie Opondo of the University of Nairobi said that especially in places like Africa, climate change and extreme events mean “people are going to become more vulnerable to sinking deeper into poverty.” And other study authors talked about the fairness issue with climate change.

“Rich people benefit from using all these fossil fuels,” University of Sussex economist Richard Tol said. “Poorer people lose out.”

Huq said he had hope because richer nations and people are being hit more, and “when it hits the rich, then it’s a problem” and people start acting on it.

Part of the report talks about what can be done: reducing carbon pollution and adapting to and preparing for changing climates with smarter development.

The report echoes an earlier UN climate science panel that said if greenhouse gases continue to rise, the world is looking at another about 3.5 or 4 degrees Celsius of warming by 2100 instead of the international goal of not allowing temperatures to rise more than 1.2 degrees Celsius. The difference between those two outcomes, Princeton’s Oppenheimer said, “is the difference between driving on an icy road at 30mph (50km/h) versus 90mph (140 km/h). It’s risky at 30, but deadly at 90.”

Tol, who is in the minority of experts here, had his name removed from the summary because he found it “too alarmist,” harping too much on risk.

But the panel vice chairman, Jean-Pascal van Ypersele, said that’s not quite right: “We are pointing for reasons for alarm ... It’s because the facts and the science and the data show that there are reasons to be alarmed. It’s not because we’re alarmist.”

The report is based on more than 12,000 peer reviewed scientific studies. Michel Jarraud, secretary general of the World Meteorological Organization, a co-sponsor of the climate panel, said this report was “the most solid evidence you can get in any scientific discipline.”

Michael Mann, a climate scientist at Pennsylvania State University who wasn’t part of this report, said he found the report “very conservative” because it is based on only peer reviewed studies and has to be approved unanimously.

There is still time to adapt to some of the coming changes and reduce heat-trapping emissions, so it’s not all bad, said study co-author Patricia Romero-Lankao of the National Center for Atmospheric Research in Colorado.

“We have a closing window of opportunity,” she said. “We do have choices. We need to act now.”

Online:

*Associated Press

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Bert van Marwijk factfile

Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder

Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia

Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

RECORD%20BREAKER
%3Cp%3E%3Cstrong%3EYoungest%20debutant%20for%20Barcelona%3A%3C%2Fstrong%3E%2015%20years%20and%20290%20days%20v%20Real%20Betis%3Cbr%3E%3Cstrong%3EYoungest%20La%20Liga%20starter%20in%20the%2021st%20century%3A%20%3C%2Fstrong%3E16%20years%20and%2038%20days%20v%20Cadiz%3Cbr%3E%3Cstrong%3EYoungest%20player%20to%20register%20an%20assist%20in%20La%20Liga%20in%20the%2021st%20century%3A%20%3C%2Fstrong%3E16%20years%20and%2045%20days%20v%20Villarreal%3Cbr%3E%3Cstrong%3EYoungest%20debutant%20for%20Spain%3A%3C%2Fstrong%3E%2016%20years%20and%2057%20days%20v%20Georgia%3Cbr%3E%3Cstrong%3EYoungest%20goalscorer%20for%20Spain%3A%3C%2Fstrong%3E%2016%20years%20and%2057%20days%3Cbr%3E%3Cstrong%3EYoungest%20player%20to%20score%20in%20a%20Euro%20qualifier%3A%3C%2Fstrong%3E%2016%20years%20and%2057%20days%3C%2Fp%3E%0A
The%20stats%20and%20facts
%3Cp%3E1.9%20million%20women%20are%20at%20risk%20of%20developing%20cervical%20cancer%20in%20the%20UAE%3C%2Fp%3E%0A%3Cp%3E80%25%20of%20people%2C%20females%20and%20males%2C%20will%20get%20human%20papillomavirus%20(HPV)%20once%20in%20their%20lifetime%3C%2Fp%3E%0A%3Cp%3EOut%20of%20more%20than%20100%20types%20of%20HPV%2C%2014%20strains%20are%20cancer-causing%3C%2Fp%3E%0A%3Cp%3E99.9%25%20of%20cervical%20cancers%20are%20caused%20by%20the%20virus%3C%2Fp%3E%0A%3Cp%3EA%20five-year%20survival%20rate%20of%20close%20to%2096%25%20can%20be%20achieved%20with%20regular%20screenings%20for%20cervical%20cancer%20detection%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2025%20to%2029%20should%20get%20a%20Pap%20smear%20every%20three%20years%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2030%20to%2065%20should%20do%20a%20Pap%20smear%20and%20HPV%20test%20every%20five%20years%3C%2Fp%3E%0A%3Cp%3EChildren%20aged%2013%20and%20above%20should%20get%20the%20HPV%20vaccine%3C%2Fp%3E%0A
The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

SPECS
%3Cp%3E%3Cstrong%3EEngine%3C%2Fstrong%3E%3A%202-litre%20direct%20injection%20turbo%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%207-speed%20automatic%20%0D%3Cbr%3E%3Cstrong%3EPower%3C%2Fstrong%3E%3A%20261hp%20%0D%3Cbr%3E%3Cstrong%3ETorque%3C%2Fstrong%3E%3A%20400Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3C%2Fstrong%3E%3A%20From%20Dh134%2C999%26nbsp%3B%3C%2Fp%3E%0A
MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young