Britain’s Prince Charles has said “the world is on the brink” of an environmental catastrophe due to the effects of global warming, which he likened to the threat of nuclear war during the Cuban Missile Crisis in 1962.
The heir to the throne outlined a three-point plan to tackle the climate change and praised his sons Prince William and Prince Harry for their efforts to draw attention to the cause.
In an essay for American magazine Newsweek, Prince Charles, 73, said governments, global industries and private companies need to make climate commitments in order for meaningful change to happen.
Queen Elizabeth II’s eldest son said industry leaders would need to set out strategies to reduce the warming of the planet and private investors would need to stump up the capital to fund the transition.
He said world leaders would need to provide “clear market signals” to investors to give them the confidence to offer long-term financial backing.
“The time is now… Let ours be the generation that ‘can’. And does. As we enter a new year, there is not a moment to lose,” he wrote.
Charles urged the global private sector to invest in a sustainable future, saying it would take “trillions, not billions” to reorient the world economy away from fossil fuels.
The prince quoted the late US president John F Kennedy’s “Strategy of Peace” speech, which called for a de-escalation of the nuclear arms race at the height of the Cold War.
“Once again, the world is on the brink, and we need the mobilising urgency of a war-like footing if we are to win,” he wrote.
He used the same phrase during his address to world leaders at the Cop26 summit in Glasgow last November.
In 2020, during a video message for Climate Week NYC, he similarly called for a “Marshall-like plan for nature, people and the planet”.
Charles added that “the eyes of our children and our grandchildren are judging us” over the current response to climate change.
“Already, younger generations have expressed an understandable frustration about the pace of action on this issue,” he said.
He also paid tribute to William and Harry for their work in the battle against the climate crisis.
“As a father, I am proud that my sons have recognised this threat,” he said.
“Most recently my elder son, William, launched the prestigious Earthshot Prize to incentivise change and help repair our planet over the next 10 years by identifying and investing in the technologies that can make a difference.
“And my younger son, Harry, has passionately highlighted the impact of climate change, especially in relation to Africa, and committed his charity to being net zero.”
The future monarch also praised his late father Prince Philip for being decades ahead of his generation in the climate plight.
“Sixty years ago, my late father identified the damage humankind was inflicting on the planet and helped to found the World Wildlife Fund,” he said.
The Prince of Wales’ representatives said his essay marked the first time he had written for a US publication in 10 years.
It will feature as the cover story of the magazine’s second issue of 2022, dated January 21 and available from January 14.
Newsweek’s global editor-in-chief Nancy Cooper called it a “powerful appeal” for change and said given the prince’s experience of working to tackle climate change he speaks about climate change with “deep knowledge and real authority”.
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
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The stats
Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
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- 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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Man of the Match: Erik Pieters (Stoke)
THE SPECS
Engine: 6.0-litre, twin-turbocharged W12
Transmission: eight-speed automatic
Power: 626bhp
Torque: 900Nm
Price: Dh1,050,000
On sale: now
SPECS
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BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
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Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Brief scores:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars
Mohammed bin Zayed Majlis
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
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How much of your income do you need to save?
The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.
In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)
Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.
