The UN’s food agency was born in the wake of catastrophe. Three quarters of a century later, its mission has been made more relevant to the world at large by another global scourge.
I won’t deny it: when I took over as director general of the Food and Agriculture Organisation of the United Nations (FAO) last year, I could barely contain my emotion. FAO’s foundation, after all, had preceded – if only by a matter of days – that of the UN itself.
That I, born into a Chinese peasant family, would come to lead such a venerable institution was awe-inspiring enough.
What I did not expect was that a short while into my tenure, the world would be confronted with a challenge on a scale not seen since the end of the Second World War.
The Covid-19 pandemic has not only taken a toll on human lives and health, it also threatens the livelihoods of hundreds of millions of people across the world.
Food security, until recently a rather foreign concept to many living in well-to-do countries, made headlines around the globe and set the agenda at many high-level events.
Let’s return to 1945, the year FAO was founded: a third of the victims of the Second World War had died of malnutrition and associated diseases. Famines had decimated populations over the previous decades.
So nations came together and FAO was established on 16 October 1945. Its founders invested in the new institution the world’s aspiration – to help the world rebuild and expand agriculture and to end hunger forever.
Today’s crisis may be less tangibly apocalyptic. But the numbers are no less staggering. Even before Covid-19 hit, nearly 700 million people were undernourished. The economic disruption linked to the pandemic may add another 130 million or so to these.
In the early days of the pandemic, when shelves went empty; when fruit-pickers went missing; when markets fell silent, we realised that we were taking for granted these services and the people that provide them. The moral imperative to feed the world – safely, durably and with dignity for all – is as urgent now as it was after the War.
Over subsequent decades, this vision became immensely more complex, enriched with environmental and sustainability concerns. A more holistic understanding of development set in.
Until the mid-2010s, the world was making impressive progress in reducing hunger. But it has since been rising again. Conflict and extreme weather patterns are to blame, at least in part.
I am aware, as I write these lines, that the analogy with 1945 can only get us so far
What we now need is smart, systemic action to get the food to those who need it and improve it for those who have it. Action to prevent crops from rotting in the field, for lack of efficient supply chains. Action to enhance the use of digital tools and artificial intelligence, so as to predict threats to harvest, automatically trigger crop insurance and cut climate risk. Action to rescue biodiversity from relentless erosion. Action to turn cities into the farms of tomorrow. Action by governments to implement policies that make healthy diets more accessible. Action by agencies like mine to turn to thinktanks and action-tanks rolled into one, linking up with the research community and the private sector to unleash the power of innovation.
So at 75, FAO is far from thinking of riding off into the sunset. We are not day-dreaming either. Covid-19 has made it abundantly clear that our mission is as relevant as when our founders created FAO in 1945. Cataclysms spur renewal. The pandemic has reminded everyone that food security and nutritious diets matter to all.
This is why FAO is today embarking on the next chapter in its story with a renewed sense of purpose. On the structural side, a flatter leadership structure and a modular approach allow for a more rapid reaction when crises hit.
A comprehensive and holistic Covid-19 response and recovery programme addresses the socio-economic impacts of the pandemic, mitigating the immediate pressures, while strengthening the long-term resilience of food systems and livelihoods.
Our hand-in-hand matchmaking initiative accelerates agricultural transformation and sustainable rural development in countries that have the highest rates of poverty and hunger.
It is supported by a geospatial platform designed as an open-source public good that is already aggregating vast amounts of food security data.
The position of a chief scientist has been established to sharpen knowledge generation and drive scientific partnerships geared to the Sustainable Development Goals.
The newly reformed FAO is more inclusive, efficient and dynamic, focusing on what we have designated as the “Four betters”: better production, better nutrition, a better environment, a better life.
We strongly believe that the future is made of such gestures – by ourselves, by our partners, by civil society. It takes vast numbers to achieve Zero Hunger. Indeed, it takes all of us.
Dr QU Dongyu is the director general of the Food and Agriculture Organisation of the UN
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
South Africa v India schedule
Tests: 1st Test Jan 5-9, Cape Town; 2nd Test Jan 13-17, Centurion; 3rd Test Jan 24-28, Johannesburg
ODIs: 1st ODI Feb 1, Durban; 2nd ODI Feb 4, Centurion; 3rd ODI Feb 7, Cape Town; 4th ODI Feb 10, Johannesburg; 5th ODI Feb 13, Port Elizabeth; 6th ODI Feb 16, Centurion
T20Is: 1st T20I Feb 18, Johannesburg; 2nd T20I Feb 21, Centurion; 3rd T20I Feb 24, Cape Town
UAE%20FIXTURES
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The advice provided in our columns does not constitute legal advice and is provided for information only. Readers are encouraged to seek independent legal advice.
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
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The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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The language of diplomacy in 1853
Treaty of Peace in Perpetuity Agreed Upon by the Chiefs of the Arabian Coast on Behalf of Themselves, Their Heirs and Successors Under the Mediation of the Resident of the Persian Gulf, 1853
(This treaty gave the region the name “Trucial States”.)
We, whose seals are hereunto affixed, Sheikh Sultan bin Suggar, Chief of Rassool-Kheimah, Sheikh Saeed bin Tahnoon, Chief of Aboo Dhebbee, Sheikh Saeed bin Buyte, Chief of Debay, Sheikh Hamid bin Rashed, Chief of Ejman, Sheikh Abdoola bin Rashed, Chief of Umm-ool-Keiweyn, having experienced for a series of years the benefits and advantages resulting from a maritime truce contracted amongst ourselves under the mediation of the Resident in the Persian Gulf and renewed from time to time up to the present period, and being fully impressed, therefore, with a sense of evil consequence formerly arising, from the prosecution of our feuds at sea, whereby our subjects and dependants were prevented from carrying on the pearl fishery in security, and were exposed to interruption and molestation when passing on their lawful occasions, accordingly, we, as aforesaid have determined, for ourselves, our heirs and successors, to conclude together a lasting and inviolable peace from this time forth in perpetuity.
Taken from Britain and Saudi Arabia, 1925-1939: the Imperial Oasis, by Clive Leatherdale
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
HOW TO WATCH
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FIRST TEST SCORES
England 458
South Africa 361 & 119 (36.4 overs)
England won by 211 runs and lead series 1-0
Player of the match: Moeen Ali (England)
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.”
