Thummarukudy: No Sustainable Development, Food Security without Land Reclamation

Muralee Thummarukudy, Director of the G20 Initiative to Reduce Land Degradation at the United Nations Convention to Combat Desertification (Asharq Al-Awsat)
Muralee Thummarukudy, Director of the G20 Initiative to Reduce Land Degradation at the United Nations Convention to Combat Desertification (Asharq Al-Awsat)
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Thummarukudy: No Sustainable Development, Food Security without Land Reclamation

Muralee Thummarukudy, Director of the G20 Initiative to Reduce Land Degradation at the United Nations Convention to Combat Desertification (Asharq Al-Awsat)
Muralee Thummarukudy, Director of the G20 Initiative to Reduce Land Degradation at the United Nations Convention to Combat Desertification (Asharq Al-Awsat)

Four years have passed since the launch in Riyadh of the Global Initiative to Reduce Land Degradation during Saudi Arabia’s presidency of the G20 in November 2020.
The initiative aims to achieve a 50 percent reduction in degraded lands by 2040, especially since this environmental phenomenon threatens the lives of millions of people and hinders sustainable development. United Nations desertification data indicate that more than two billion hectares of the world’s land are degraded, affecting half the world’s population. The international organization warns that if current trends continue, the world will need to restore 1.5 billion hectares of degraded land by 2030 to attain the Sustainable Development Goals.
Riyadh marked the World Environment Day 2024 on June 5 by focusing on land restoration, desertification, and drought resistance to restore the planet.
In an interview with Asharq Al-Awsat, Muralee Thummarukudy, Director of the G20 Initiative to Reduce Land Degradation at the United Nations Convention to Combat Desertification, said that the great challenge to confront this phenomenon was the availability of funding, resources, money and technical expertise.
Thummarukudy, who is currently in Riyadh to participate in many environmental activities and seminars organized on the occasion of World Environment Day, talked about the goals of the initiative and the ongoing efforts in this regard.
Stressing that the main objective is to reduce 50 percent of degraded land globally by 2040, he said that land reclamation is the focus of the initiative, in addition to many sustainable development goals, including protecting the environment and eliminating hunger.
The official continued that 95 percent of all foods and 99 percent of calories consumed by the population come from the Earth. Thus, the work of the Global Land Reclamation Initiative has an impact on multiple sustainable development goals, especially for the Arab region, which suffers from land degradation, and faces food security and other challenges, he underlined.
Asked about the strategies, Thummarukudy pointed to capacity building to achieve land reclamation. In this context, he referred to a program within the initiative that aims to train people, youth, and experts.
He added that the initiative seeks to work with the private sector, which can play a major role in achieving land reclamation, as well as with local communities through capacity building.
Commenting on the role of Saudi Arabia, Thummarukudy said that the Kingdom has launched the entire idea of ​​the initiative under its presidency of the G20. He added that during the meeting of environment ministers, Riyadh was able to convince other members to put land reclamation at the top of the agenda.
As a result, other countries pledged to contribute to the initiative by providing technical expertise, support and governance, he remarked.
The official emphasized Saudi Arabia’s leading role in the field of land reclamation, not only within the Kingdom itself, but across the Middle East.
Regarding the main challenges facing the implementation of the G20 Global Land Initiative in developing countries, Thummarukudy pointed to the lack of national legislation and financing necessary for land reclamation, in addition to the need for technical expertise and concerned institutions.
The availability of funding, resources, money and technical expertise represents a major challenge, he stressed, adding that Arab countries can play a role in channeling both technical know-how and financial resources to achieve land reclamation.
On how the initiative deals with the effects of climate change on desertification and land degradation, and the sustainable solutions that are presented in this context, Thummarukudy said that the strategy promotes land restoration by all means, including soil restoration, legislation, plant diversity and soil organic matter, all of which contribute to reducing the effects of climate change.
The official referred to the creation of the Global Land Reclamation Database, a compilation of best available practices on land degradation globally. He added that within the initiative, hundreds of experts from around the world are being trained on various land topics, in areas as diverse as reclaiming mining areas, restoring vegetation using agricultural biotechnology, and using geospatial information for land management.
According to Thummarukudy, there are two main ways in which the private sector can contribute to achieving land reclamation. The first is concerned with providing financial resources to support land reclamation initiatives, and second, applying best practices in afforestation, agriculture, and mining, which will reduce land degradation.
Green initiatives, such as the Middle East Green Initiative and the Global Land Reclamation Initiative, all require the participation of a large number of private sector stakeholders to achieve the desired goals, he underlined.

 

 



World Food Prices Dip in October, but Remain Higher Than a Year Ago

A worker carries loaves of bread for sale at a bakery in the capital city of Cairo, Egypt November 4, 2026. (Reuters)
A worker carries loaves of bread for sale at a bakery in the capital city of Cairo, Egypt November 4, 2026. (Reuters)
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World Food Prices Dip in October, but Remain Higher Than a Year Ago

A worker carries loaves of bread for sale at a bakery in the capital city of Cairo, Egypt November 4, 2026. (Reuters)
A worker carries loaves of bread for sale at a bakery in the capital city of Cairo, Egypt November 4, 2026. (Reuters)

World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still nearly 6% higher than a year earlier, the United Nations' Food and Agriculture Organization said on Friday.

The FAO Food Price Index, which tracks monthly changes in international prices for a basket of food commodities, ‌averaged 133.9 points ‌in October, down from a revised ‌135.6 ⁠in September.

The index ⁠was 5.9% higher than a year earlier, but remained 16.4% below its March 2022 peak.

FAO's cereal price index fell 4.5% from September and was 12.6% lower than a year ago, as wheat and maize quotations declined. Wheat prices eased on weak import demand ⁠and improved production prospects, especially in Argentina.

"Expectations of ‌easing constraints on Black ‌Sea export flows added to the downward pressure on prices, ‌although continued disruptions to Black Sea logistics limited the decline," ‌FAO said in a statement.

Maize prices also eased after reaching a three-year high in September, pressured by the US harvest, expectations of ample supplies in South America and renewed ‌prospects of easing tensions in the Black Sea region.

Vegetable oil prices edged up 0.3%, ⁠as ⁠higher soybean and sunflower oil prices more than offset a fall in rapeseed oil prices.

Sugar prices rose 6.6%, their fourth straight monthly increase, to the highest level since December 2024, after rainfall disrupted harvesting in Brazil. They were now 28.8% above a year ago.

The dairy index fell 1.1%, as lower butter and cheese prices linked to ample supplies and subdued demand outweighed gains in milk powder.

The meat index declined 1.2%, while still slightly above its year-earlier level, as ovine and bovine meat prices fell.


Copper Falls, Set for Worst Week Since March on AI Rout

Copper at the Aurubis copper smelting and refining plant in Hamburg, Germany. (Reuters)
Copper at the Aurubis copper smelting and refining plant in Hamburg, Germany. (Reuters)
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Copper Falls, Set for Worst Week Since March on AI Rout

Copper at the Aurubis copper smelting and refining plant in Hamburg, Germany. (Reuters)
Copper at the Aurubis copper smelting and refining plant in Hamburg, Germany. (Reuters)

Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets.

Benchmark three-month copper on the London Metal Exchange was down 1.3% at $13,663 a metric ton by 0700 GMT. That placed it on track to fall 3.44% in the week, Reuters said.

The most-traded copper contract on the Shanghai Futures Exchange fell 1.08% to 106,830 yuan ($16,018.17) a ton.

The weakness reflects worries over AI investment, ‌with copper increasingly ‌influenced by "sentiment towards data center expansion," said ‌Craig ⁠Lang, principal analyst ⁠at CRU.

Technology shares were battered after Democratic wins in the US midterms fueled concerns that new regulatory oversight could cap the AI buildout.

On the other hand, supply constraints cushioned copper's decline.

"I would be cautious about calling this a sustained correction, given ongoing mine supply challenges and exceptionally tight ⁠metal availability outside the US," Lang said.

Copper stocks ‌in SHFE-monitored warehouses <CU-STX-SGH> fell by ‌over 24% this week to just 33,848 tons — the lowest ‌in almost three years. The closely watched Yangshan copper ‌premium <SMM-CUYP-CN>, a gauge of appetite for imports into key consumer China, increased to $210 a ton on Thursday, matching its record high.

Smelters in the country are facing a double squeeze of negative treatment ‌charges and lower sulfuric acid prices.

Meanwhile, warehouse inventories outside the US have been drawn ⁠down as ⁠material was pulled into the country ahead of a potential tariff on imports of refined copper.

"These physical constraints should provide some support against weaker investor sentiment," Lang said.

Among LME metals, aluminium lost 0.54%, zinc lost 1.42%, lead lost 0.45%, nickel dipped 0.23% and tin gained 0.83%.

On the SHFE, aluminium nudged down only 0.04%, zinc lost 1.35%, lead was little changed, down only 0.03%, nickel rose 2.14% and tin dropped 3.45%.

SHFE inventories were down across the board this week, led by sharp drops in aluminium <AL-STX-SGH> and lead <PB-STX-SGH>.


Emerging Economies Set to Match Advanced Nations’ Renewable Capacity Additions, IEA Says

Workers walk at Kalyon Karapinar solar power plant in Karapinar, Konya province, Türkiye, Oct. 14, 2026. (AP)
Workers walk at Kalyon Karapinar solar power plant in Karapinar, Konya province, Türkiye, Oct. 14, 2026. (AP)
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Emerging Economies Set to Match Advanced Nations’ Renewable Capacity Additions, IEA Says

Workers walk at Kalyon Karapinar solar power plant in Karapinar, Konya province, Türkiye, Oct. 14, 2026. (AP)
Workers walk at Kalyon Karapinar solar power plant in Karapinar, Konya province, Türkiye, Oct. 14, 2026. (AP)

Emerging ‌and developing economies outside China are expected to add as much new renewable energy capacity as advanced economies for the first time over the next five years, driven by the current energy crisis, the International Energy Agency said on Friday.

Gas and oil prices have soared this year as the US-Iran war disrupts traffic through the Strait of Hormuz, a key route for global oil and gas trade.

Global renewable energy ‌capacity is forecast ‌to increase by almost 4,800 gigawatts ‌between ⁠2026 and 2031, ⁠the IEA said in its annual outlook.

Emerging and developing economies are expected to add about 1,100 GW, roughly the same as advanced economies, with China adding around 2,550 GW, the agency said.

Capacity growth in Southeast Asia, Africa and the Middle East is ⁠expected to triple over the period, ‌led mainly by solar installations, ‌the IEA said.

China will remain the biggest contributor to ‌global renewable energy growth, although its share is ‌forecast to fall to 53% by 2031 from 60% in 2025.

India is emerging as the world's second-fastest deployer of renewables and is expected to more than double its contribution ‌to global growth by 2031 to nearly 8.5%.

Grid connection delays remain ⁠a major ⁠challenge, with projects awaiting connections worldwide rising 60% over the past year, equivalent to four times the wind and solar capacity connected to grids during the same period.

Grid constraints are expected to slow growth in advanced economies, with annual additions in Europe through 2031 forecast to remain broadly in line with 2025 levels.

Renewable energy is expected to meet 6% of global transport energy demand by 2031, while higher fuel-blending mandates prompted the IEA to raise its biofuels forecast by 40% from last year's report.