The UAE has announced a high-level Mangroves Ministerial at COP28 and endorsed the Mangrove Breakthrough to safeguard critical coastal ecosystems and combat climate change.
The ministerial at COP 28 will "advance nature-based solutions in the fight against climate change and focus on accelerating finance, policy and technology to meet the Mangrove Breakthrough global target of restoring and protecting 15 million hectares of mangroves globally by 2030", highlighted Mariam Almheiri, UAE’s Minister of Climate Change and Environment.
"The Mangrove Breakthrough represents a significant stride towards reducing carbon emissions and preserving our planet's natural treasures," she added.
"COP28 will provide a valuable opportunity to amplify the Mangrove Breakthrough’s goals and place nature at the very heart of the climate agenda," added Razan Al Mubarak, UN Climate Change High Level Champion for COP28.
Created in partnership with Global Mangrove Alliance (GMA) and UN Climate Change High-level Champions, the Mangrove Breakthrough plans to invest $4 billion towards revitalising mangrove ecosystems.
The UAE has set its own national target to plant 100 million mangroves by 2030, emphasising the significant role mangroves play in carbon storage and coastal protection.
The Central Bank of the UAE (CBUAE) has fined three exchange houses a total of AED 4.1 million for failing to comply with anti-money laundering and counter-terrorism financing regulations.
The diplomatic advisor to the UAE President, Anwar Gargash, said the Middle East has an opportunity to "turn a new page" and become a prosperous region.
The UAE has expressed its solidarity with the US after the "devastating" floods in the state of Texas, which killed dozens of people, left many missing, and caused significant material damage.
The UAE will focus on leveraging AI to "streamline processes and improve management of resources" in a move to switch to "a new chapter in shaping a smarter, faster and more efficient government".
Abu Dhabi Crown Prince, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, and Brazil's President Luiz Inácio Lula da Silva have discussed ways to expand cooperation across vital sectors in support of sustainable development goals and shared interests.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates