Saudi Arabia Celebrates World Environment Day Under the Banner 'Our Land Our Future'

 Over 150 nations participated in the celebration- SPA
Over 150 nations participated in the celebration- SPA
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Saudi Arabia Celebrates World Environment Day Under the Banner 'Our Land Our Future'

 Over 150 nations participated in the celebration- SPA
Over 150 nations participated in the celebration- SPA

The Kingdom of Saudi Arabia and the United Nations Environment Programme (UNEP) celebrated World Environment Day 2024 under the theme "Our land. Our future." Over 150 nations participated in the celebration, highlighting the vital importance of land as a fundamental pillar of life on Earth.
During his speech, the Minister of Environment, Water, and Agriculture, Eng. Abdulrahman Abdulmohsen AlFadley, emphasized Saudi Arabia's significant efforts to preserve land and reduce degradation both regionally and globally. The Middle East Green Initiative aims to enhance cooperation to mitigate land degradation while fostering vegetation cover, biodiversity, food and water security, and adapting to climate change to enhance quality of life, SPA reported.

On the global stage, during Saudi Arabia's G20 Presidency in 2020, the Coral Research & Development Accelerator Platform and the G20 Land Initiative were launched. Additionally, the recent announcement of the Global Water Organization underscores efforts to enhance international water conservation and sustainability. AlFadley mentioned that national initiatives like the Saudi Green Initiative and the National Environment Strategy aim to increase vegetation cover and achieve land degradation neutrality by 2030.
AlFadley also highlighted that in December, Saudi Arabia will host the sixteenth session of the Conference of the Parties (COP16) of the United Nations Convention to Combat Desertification (UNCCD). Saudi Arabia will seek to leverage this event to bring significant shifts in this international convention and bolster global action to combat land degradation and the impacts of drought, which affects over three billion people worldwide. Additionally, he announced projects for the environmental sector in Saudi Arabia, such as the Environmental Grants & Incentives Program and the National Academy of the Environment.
In her address, the Executive Director of the United Nations Environment Programme, Ms. Inger Andersen, stated that land degradation around the world is harming livelihoods and food security. She emphasized the importance of land restoration, combating desertification, and building resilience to drought as major strategies to address these issues and tackle the planet's most pressing crises: climate change, nature and land loss, and pollution and waste.
Andersen added that celebrating World Environment Day is an important event to intensify efforts and bring about positive change to address the challenges of water scarcity and the loss of arable land due to unsustainable human activities and climate change, which impacts human health and quality of life. She stressed that confronting these challenges requires collective responsibility and regional and international cooperation to enhance strategies to combat desertification and implement sustainable agricultural systems globally.
This year's World Environment Day was marked by over 4,000 environmental activities worldwide. World Environment Day on June 5 is one of the biggest international days for the environment. Led by UNEP and held annually since 1973, the event has grown to be the largest global platform for environmental outreach, with millions of people from across the world engaging to protect the planet.



Japan Issues New Yen Banknotes Packed With 3D Hologram Technology to Fight Counterfeiting

The 10,000 yen bill, worth about $62 at the current exchange rate, has the face of Eiichi Shibusawa, known as “the father of Japanese capitalism - The AP
The 10,000 yen bill, worth about $62 at the current exchange rate, has the face of Eiichi Shibusawa, known as “the father of Japanese capitalism - The AP
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Japan Issues New Yen Banknotes Packed With 3D Hologram Technology to Fight Counterfeiting

The 10,000 yen bill, worth about $62 at the current exchange rate, has the face of Eiichi Shibusawa, known as “the father of Japanese capitalism - The AP
The 10,000 yen bill, worth about $62 at the current exchange rate, has the face of Eiichi Shibusawa, known as “the father of Japanese capitalism - The AP

Japan issued its first new banknotes in two decades Wednesday, yen packed with 3D hologram technology to fight counterfeiting.

Prime Minister Fumio Kishida praised as historic the state-of-the-art anti-counterfeit traits of the new 10,000 yen, 5,000 yen and 1,000 yen bills.

“I hope the people will like the new bills, and they will help energize the Japanese economy,” he told reporters at the Bank of Japan, The AP reported.

While the new bills were released with fanfare, currency already in use will remain valid. In fact, people will still need older bills to use most vending machines and to pay bus fares, local media reported.

Kishida noted the people featured on the bills celebrate Japanese capitalism, women’s equality and scientific innovation.

The 10,000 yen bill, worth about $62 at the current exchange rate, has the face of Eiichi Shibusawa, known as “the father of Japanese capitalism,” a key figure in building Japan’s modern economy. He is credited with founding hundreds of companies.

The 5,000 yen bill, worth about $30, features Umeko Tsuda, a pioneer feminist and educator who founded a college. The 1,000 yen note, worth about $6.20, portrays physician and bacteriologist Shibasaburo Kitasato, who was instrumental in the research of tetanus and the bubonic plague.

The backs of each of the bills feature Tokyo Station, wisteria flowers and ukiyo-e artist Katsushika Hokusai’s Mount Fuji, respectively.

The new bills also feature larger printing so they’re easier to read, especially for the nation’s aging population.

By the end of March next year, nearly 7.5 billion new banknotes will have been printed, according to the government. The amount of money in the new bills going out in a single day is estimated at 1.6 trillion yen ($10 billion).

It may take some time for ordinary people to get hold of the new bills. They first are going to banks and other financial organizations. Then, they'll be distributed to automatic teller machines and stores, according to the Bank of Japan.

A majority of transactions in Japan still are done in cash and cashless payments have been slower to catch on than in many other countries.

“Although the world is moving toward cashless interactions, we believe cash remains important as a way for safely settling payments anywhere and anytime,” said Bank of Japan Gov. Kazuo Ueda.