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Lola Nayar Interviews Kanayo Nwanze

The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...

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Domino effect on commodity trade by Nidhi Nath Srinivas

Real estate may be the epicentre of Dubai’s debt crisis, but it is the Indian commodity trade that will feel its aftershocks for months to come. Two reasons make Dubai important to Indian companies. One, Dubai is the hub of most-traded commodities, from pearls, gold and diamonds to tea, cotton, basmati and sugar. Crucially, it is gateway to west Asia. All the top players in the region, especially Gulf Cooperation...

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Bye-bye Dubai? by Jayati Ghosh

There is much about Dubai that is artificial and based on illusion: the man-made islands designed to represent a map of the globe; the indoor ski slope in the midst of desert; the incredible hotel with glass walls looking onto a sea aquarium mimicking the surrounding ocean. Dubai had also become synonymous with excess: building the tallest tower in the world and the biggest and most expensive luxury hotels, residences,...

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IFAD chief says climate change threat is very real by Gargi Parsai

Without crop varieties adapting to extremes of weather, feeding world population will be difficult Shortage of water resources will be one of the greatest problems NEW DELHI: “The threat of climate change and its impact on agriculture is real. We have evidence that by 2025 in some parts of the world including India, parts of Asia and parts of Africa, crop yields will drop from anything between 20 and 40 per cent...

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Times to be flexible

Making a virtue out of the inevitable would appear to be the way forward in climate change negotiations. After the US agreed to reduce aggregate emissions 17% over 2005 levels by 2025, and China agreed to reduce the carbon intensity of its growth (emissions per unit of output) by 40% on a voluntary basis, there is pressure on India to place its own emission reduction targets. India should oblige. It...

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