WASHINGTON // Global warming is going to steal away some of those postcard-perfect weather days in the future, according to a first-of-its-kind projection of nice weather.
On average, Earth will have 10 fewer days of mild and mostly dry weather by the end of the century, the researchers estimate. Some places will get more days perfect for picnics or outdoor weddings, while other places will lose a lot. Rio de Janeiro, Miami and much of Africa are big losers, while Europe and Seattle will gain nicer weather.
“It’s the type of weather where you can go outside and do something fun,” said study lead author Karin van der Wiel, a meteorology researcher at Princeton University and the National Oceanic and Atmospheric Administration. “It’s not too cold. It’s not too hot. It’s not too humid.”
For the past three decades, the world has averaged 74 mild days a year. But by 2035 that will shrink to 70 and then 64 by the last two decades of the century, according to the study, published on Wednesday in the journal Climatic Change. Mild weather was defined as between 18°C and 30°C with low humidity and no more than a trace of rain.
Any change depends on where you live and the time of year. For example, on average, the US will lose nine mild summer days by the end of the century, although most is gained back with more mild days in the winter, spring and fall.
The report estimates that Washington, Chicago, New York and Dallas will lose two weeks of pleasant summer weather but some is gained back. On average, Washington loses 13 mild days; Atlanta, 12; Chicago, nine; Denver and New York, six; and Dallas, one.
The biggest losers will be the tropics and nearly all of Africa, eastern South America, South Asia and northern Australia. Rio de Janeiro, on average, will see 40 mild days disappear. Miami will lose its only mild summer day and nearly a month of spring and fall mild days by 2100.
“The changes are more dramatic in parts of the developing world, where you have high concentrations of populations,” said NOAA climate scientist and co-author Sarah Kapnick.
Other places, especially northern developed ones, will gain some of what the tropics lost. England and northern Europe are big winners. Seattle should pick up nine mild days and Los Angeles, which already has a lot of nice weather, gets six extra by the end of the century.
The scientists didn’t specifically focus on whether the loss of mild days has already started globally, but they did see it happening in much of Africa and South America, Ms Van der Wiel said.
Climate scientists usually focus on extreme weather – record heat, tropical cyclones, droughts, floods – and how they could get worse as the world warms. Ms Kapnick said she wanted to look at nice weather because her friends kept asking her what day to choose for good wedding weather.
The team used a middle ground scenario for global warming – not worst-case runaway carbon pollution and not dramatic cuts in emissions of heat-trapping gases – and ran different computer simulations to see what would happen.
It’s not just fewer nice days to enjoy. Fewer mild days will also harm agricultural production and allow disease carrying insects to thrive more in more places, said University of Georgia meteorology professor Marshall Shepherd.
Stanford University climate scientist Chris Field, who led an international study of extreme weather, questioned the purpose of the study: “Extreme conditions are the sharp end of the climate stick. It is in the extremes when things break and damage occurs.”
National Center for Atmospheric Research scientist Gerald Meehl, who also studies extreme weather, said a decrease in mild weather may not quite have the economic and health costs but there are other factors such as tourism “or simple human enjoyment”.
* Associated Press
Famous left-handers
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MATCH INFO
Kolkata Knight Riders 245/6 (20 ovs)
Kings XI Punjab 214/8 (20 ovs)
Kolkata won by 31 runs
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.”
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
The specs: 2018 Genesis G70
Price, base / as tested: Dh155,000 / Dh205,000
Engine: 3.3-litre, turbocharged V6
Gearbox: Eight-speed automatic
Power: 370hp @ 6,000rpm
Torque: 510Nm @ 1,300rpm
Fuel economy, combined: 10.6L / 100km
THREE
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Company%20Profile
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Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
Scoreline
Real Madrid 1
Ronaldo (53')
Atletico Madrid 1
Griezmann (57')
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
The Facility’s Versatility
Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket