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At United Nations, Saudi Arabia Calls for Global Collaboration to Tackle Land Degradation at COP16 Riyadh

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At United Nations, Saudi Arabia Calls for Global Collaboration to Tackle Land Degradation at COP16 Riyadh
Business

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At United Nations, Saudi Arabia Calls for Global Collaboration to Tackle Land Degradation at COP16 Riyadh

2024-09-27 20:00 Last Updated At:20:15

UNCCD COP16 in December aims to be turning point in the global fight against land degradation, desertification and drought

NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Saudi Arabia has called on the world's policymakers to urgently address land degradation, drought and desertification ahead of the 16th UN Convention to Combat Desertification (UNCCD) COP16 in Riyadh in December. Every second, an equivalent of four football fields of healthy land becomes degraded, totaling 100 million hectares every year.

At their "Road to Riyadh" event on the sidelines of the UN General Assembly, opened by Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, Saudi Arabia urged delegates to prepare to take decisive action in December, outlining a roadmap for international action and engagement and unveiling the thematic program for the COP.

Incoming COP16 President and Saudi Arabia Minister of Environment, Water, and Agriculture, Eng. Abdulrahman Abdulmohsen AlFadley, said, "This is a pivotal moment for our planet. Land restoration is vital to securing a prosperous future for generations to come."

"It is crucial the international community unites to deliver ambitious and lasting solutions that curb land degradation, combat drought, and promote the sustainable use of natural resources," added Minister AlFadley. "We must strengthen international cooperation to address the pressing environmental challenges facing our planet."

Minister AlFadley also emphasized that Saudi Arabia's hosting of COP16 reflects its commitment to environmental preservation and restoration, both domestically and internationally, citing initiatives such as the Saudi Green Initiative, the Middle East Green Initiative, and the G20 Global Land Initiative.

While land degradation trends vary across regions, UNCCD data warns that, if current patterns continue, the world will need to restore 1.5 billion hectares of degraded land by 2030 to meet the Land Degradation Neutrality targets outlined in the Sustainable Development Goals. In Riyadh, under the Kingdom of Saudi Arabia's Presidency of COP16, there will be a strong push for more concrete commitments to accelerate restoration efforts and meet this critical goal.

Senior stakeholders from international organizations, government and civil society also addressed the growing need to increase ambition and address the global challenges caused by land degradation, including drought, food insecurity and forced migration, alongside the urgent need for multilateral action to them to tackle them.

UNCCD Executive Secretary Ibrahim Thiaw said: "Land degradation and drought affect nearly half the world's population, especially indigenous communities, smallholder farmers, women, and youth. COP16 in Riyadh will be a pivotal moment to accelerate large-scale land restoration and boost drought resilience, with multiple benefits for people, nature and climate. Our success depends on the ambition of all parties and our commitment to resetting our relationship with the land for future generations."

According to the UNCCD, up to 40% of the world's land is already degraded, directly affecting an estimated 3.2 billion people. At the same time, droughts are occurring more frequently and with greater intensity – up 29% since 2000. An estimated 75% of people globally will be affected by drought by 2050.

About COP16 Riyadh:

The conference will take place December 2-13, 2024 in Riyadh, Saudi Arabia and will be the first UNCCD COP to feature a Green Zone, providing a space for business and civil society to deliver lasting solutions to land degradation, desertification and drought. For more information, please visit UNCCDCOP16.org.

Journalists are invited to apply for accreditation via the UNCCD's Online Registration System.

For media enquiries, please contact: media@unccdcop16.org or press@unccd.int.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

At United Nations, Saudi Arabia Calls for Global Collaboration to Tackle Land Degradation at COP16 Riyadh

At United Nations, Saudi Arabia Calls for Global Collaboration to Tackle Land Degradation at COP16 Riyadh

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Pre-registration Open for Physical Bybit Card in Argentina

2024-09-27 19:30 Last Updated At:19:45

DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ -- Bybit, the world's second-largest crypto exchange by trading volume, is excited to invite users in Argentina to unlock early-bird access to the physical Bybit Card. As part of its ongoing efforts to reach more retail consumers and investors, Bybit reaffirms its commitment to becoming the go-to crypto destination in South America's second-largest economy by GDP.

Building on the resounding success of its virtual card launch in July, the issuer is seeking to benefit more users with the introduction of the physical, Bybit-branded Mastercard debit card. Eligible applicants will be among the first to get hold of the card before it becomes available to the general public in Argentina.

During the pre-registration period, the physical card will be issued free of charge for a limited time only. The new offer echoes the success of the virtual card, with over 75% of Bybit's Argentinian users rushing to apply within the first two months. Users who have yet to sign up may apply for the virtual Bybit Card for a chance to enjoy 30,000 ARS in cashbacks for the first 100 USDT deposit.  

"While consumers are no longer tied to traditional brick-and-mortar banks, we recognize many users' preference for a physical card for the additional peace of mind. We are doing our best to meet the popular demands of our Argentinian community by offering better, faster, and more secure everyday solutions to help them off-ramp crypto assets, one step at a time," said Joan Han, Sales and Marketing Director of Bybit.

The Bybit Card is available in select markets and has quickly become a preferred solution for users looking to safely expend their digital assets, including BTC, ETH, USDT, TON, and other tokens. It provides reliable and instant access to crypto, eliminating the hassle of complex on- and off-ramp processes. With just a swipe, Bybit Card holders can make payments and purchases at over 90 million merchants worldwide through the Mastercard network. The Bybit Card also comes loaded with benefits, regular and special rewards, with no annual fees or hidden charges.

Apply now to get ahead of the curve. Terms and conditions apply.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Pre-registration Open for Physical Bybit Card in Argentina

Pre-registration Open for Physical Bybit Card in Argentina

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