Cop26: more than 100 global leaders pledge to turn tide on deforestation


Tim Stickings
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More than 100 world leaders have signed a pledge to reverse deforestation in one of the first major agreements of the Cop26 summit in Glasgow.

The UK, US and UAE were among the countries collectively responsible for more than 85 per cent of the world's forests who put their names to the plan.

They plan to use $19 billion ($25.9 billion) in public and private finance to restore degraded land, tackle bushfires, protect indigenous people and focus on key areas such as the Congo Basin.

UK Prime Minister Boris Johnson described it as a "landmark commitment" and welcomed the fact that Brazil, which has courted controversy with its stewardship of the Amazon rainforest, was among the signatories.

He said the pact would support the Cop26 goal of restricting global warming to 1.5ºC above pre-industrial levels, because trees absorb carbon dioxide from the atmosphere.

"We have to stop the devastating loss of our forests, these great, teeming ecosystems, trillion-pillared cathedrals of nature," Mr Johnson told Cop26 delegates on Tuesday.

"With today’s unprecedented pledges, we will have a chance to end humanity’s long history as nature’s conqueror and instead become its custodian.”

Antonio Guterres, the Secretary-General of the UN, said the pledge was an important step.

But he added: "Signing the declaration is the easy part. It is essential that it is implemented now for people and planet."

The Glasgow Leaders' Declaration on Forest and Land Use will cover more than 33.6 million square kilometres, Mr Johnson's office said. It aims to reverse forest loss and degradation by 2030.

The agreement vastly expands a similar commitment made by 40 countries as part of the 2014 New York Declaration of Forests and goes beyond that in laying out the resources to reach that goal.

Under the agreement, 12 countries including Britain pledged to provide £8.75bn ($11.95bn) of public funding between 2021 and 2025 to help developing countries, including efforts to restore degraded land and tackle wildfires.

US President Joe Biden said Washington would lead the way with a $9 billion plan to restore millions of hectares of American forests.

"Conserving our forests and other critical ecosystems is an indispensable piece of keeping our climate goals within reach," he said.

"We need to approach this issue with the same seriousness of purpose as decarbonising our economies."

At least a further £5.3bn will be provided by more than 30 private sector investors including Aviva, Schroders and AXA.

The investors, representing $8.7 trillion in assets under management, also pledged to stop investing in activities linked to deforestation by 2025.

Five countries, including the UK and US, and a group of global charities on Tuesday will also pledge to provide $1.7bn to support indigenous people's conservation of forests and to strengthen their land rights.

Environmentalists say that indigenous communities are the best protectors of the forest and often stand against the violent encroachment of loggers and land grabbers.

Jair Bolsonaro, the President of Brazil, said his government was committed to ending illegal deforestation in the Amazon by 2030.

Mr Bolsonaro, who has previously played down Amazon fires and clashed with climate activist Greta Thunberg, spoke remotely to Cop26 delegates to call on "every country to help defend all forests".

Russian President Vladimir Putin, another virtual attendee, said his country was relying on its vast forested hinterlands to reach its carbon-neutral goals.

The agreement "will undoubtedly serve to fulfil the objectives of the Paris Agreement to reduce carbon dioxide levels in the atmosphere," he said.

Forests absorb about 30 per cent of carbon dioxide emissions, according to the World Resources Institute reported. Trees take carbon out of the atmosphere and prevents it from warming the planet.

But the natural climate buffer is rapidly disappearing. The world lost 258,000 sq km of forest in 2020, the i tracking initiative Global Forest Watch said – an area larger than the UK.

Piles of wood at a company site in the Amazon rainforest in Brazil. Reuters
Piles of wood at a company site in the Amazon rainforest in Brazil. Reuters

More than 30 financial institutions said they would make their “best efforts” to eliminate deforestation related to cattle, palm oil, soy and pulp production by 2025.

Simon Lewis, professor of global change science at University College London, said tackling deforestation was an essential component of keeping global warming below 1.5ºC.

“It is good news to have a political commitment to end deforestation from so many countries and significant funding to move forward on that journey,” Prof Lewis said. It was particularly welcome that indigenous peoples were eventually being acknowledged as protectors of forests, he said.

“However, the real challenge is not in making the announcements, but in delivering synergistic and interlocking policies and actions that really do drive down deforestation globally.

“Careful monitoring of the delivery of each initiative is essential for success,” he said.

Roberto Waack, Brazilian business leader and biologist and visiting fellow at international affairs think tank Chatham House, said: “The deal is a significant milestone on the road to protecting our precious forests and tackling the climate crisis.

“The deal combines action to stop deforestation with support for indigenous peoples who are the forest’s staunchest defenders. It also includes action to establish stronger sustainable forest economies.

“Today we celebrate – tomorrow we will start pressing for the deal to be delivered.”

2019 ASIAN CUP FINAL

Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
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MATCH INFO

Karnatake Tuskers 114-1 (10 ovs)

Charles 57, Amla 47

Bangla Tigers 117-5 (8.5 ovs)

Fletcher 40, Moores 28 no, Lamichhane 2-9

Bangla Tiger win by five wickets

Despacito's dominance in numbers

Released: 2017

Peak chart position: No.1 in more than 47 countries, including the United States, the United Kingdom, Australia and Lebanon

Views: 5.3 billion on YouTube

Sales: With 10 million downloads in the US, Despacito became the first Latin single to receive Diamond sales certification

Streams: 1.3 billion combined audio and video by the end of 2017, making it the biggest digital hit of the year.

Awards: 17, including Record of the Year at last year’s prestigious Latin Grammy Awards, as well as five Billboard Music Awards

SPECS
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Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

MATCH INFO

Manchester City 6 Huddersfield Town 1
Man City: Agüero (25', 35', 75'), Jesus (31'), Silva (48'), Kongolo (84' og)
Huddersfield: Stankovic (43')

UAE currency: the story behind the money in your pockets
UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Scoreline

Germany 2

Werner 9', Sane 19'

Netherlands 2

Promes 85', Van Dijk 90'

Specs

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UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

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Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
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  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
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  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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While you're here
Roll of honour 2019-2020

Dubai Rugby Sevens

Winners: Dubai Hurricanes

Runners up: Bahrain

 

West Asia Premiership

Winners: Bahrain

Runners up: UAE Premiership

 

UAE Premiership

Winners: Dubai Exiles

Runners up: Dubai Hurricanes

 

UAE Division One

Winners: Abu Dhabi Saracens

Runners up: Dubai Hurricanes II

 

UAE Division Two

Winners: Barrelhouse

Runners up: RAK Rugby

The details

Heard It in a Past Life

Maggie Rogers

(Capital Records)

3/5

Brief scores:

Toss: Sindhis, elected to field first

Pakhtoons 137-6 (10 ov)

Fletcher 68 not out; Cutting 2-14

Sindhis 129-8 (10 ov)

Perera 47; Sohail 2-18

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Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

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Expert input

If you had all the money in the world, what’s the one sneaker you would buy or create?

“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett

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“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite

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“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

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Price: Exact regional pricing TBA

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
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LA LIGA FIXTURES

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

Updated: November 02, 2021, 4:16 PM`