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Larson Financial Group LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF ( BATS:RDVI – Free Report ) by 100.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,783 shares of the company’s stock after buying an additional 893 shares during the quarter. Larson Financial Group LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $44,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 17.3% in the third quarter. LPL Financial LLC now owns 5,318,951 shares of the company’s stock worth $131,059,000 after purchasing an additional 786,394 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,578,744 shares of the company’s stock worth $36,911,000 after buying an additional 89,506 shares during the last quarter. Commonwealth Equity Services LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 17.5% during the third quarter. Commonwealth Equity Services LLC now owns 1,486,750 shares of the company’s stock valued at $36,634,000 after buying an additional 221,583 shares during the period. Truist Financial Corp increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 7.0% during the second quarter. Truist Financial Corp now owns 1,110,699 shares of the company’s stock worth $25,968,000 after buying an additional 72,881 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 13.9% in the second quarter. Cetera Investment Advisers now owns 893,406 shares of the company’s stock worth $20,888,000 after acquiring an additional 108,991 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.2 % FT Vest Rising Dividend Achievers Target Income ETF stock opened at $26.30 on Friday. The company’s fifty day moving average is $25.13 and its 200 day moving average is $24.25. The company has a market cap of $1.09 billion, a P/E ratio of 9.92 and a beta of 0.79. About FT Vest Rising Dividend Achievers Target Income ETF The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index. Featured Articles Want to see what other hedge funds are holding RDVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FT Vest Rising Dividend Achievers Target Income ETF ( BATS:RDVI – Free Report ). Receive News & Ratings for FT Vest Rising Dividend Achievers Target Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Vest Rising Dividend Achievers Target Income ETF and related companies with MarketBeat.com's FREE daily email newsletter .None
The Oklahoma Sooners , led by quarterback Jackson Arnold , face the LSU Tigers , led by quarterback Garrett Nussmeier on Saturday, Nov. 30, 2024 (11/30/24) at Tiger Stadium in Baton Rouge, La. How to watch: Fans can watch the game for free via a trial of DirecTV Stream or fuboTV . You can also watch via a subscription to Sling TV , which is offering half off your first month. Here’s what you need to know: What: NCAA Football, Week 14 Who: Oklahoma vs. LSU When: Saturday, Nov. 30 (11/30/24) Where: Tiger Stadium Time: 7 p.m. ET TV: ESPN Live stream: fuboTV (free trial) , DirecTV Stream (free trial) *** Here are the best streaming options for college football this season: Fubo TV (free trial): fuboTV carries ESPN, FOX, ABC, NBC and CBS. DirecTV Stream (free trial) : DirecTV Stream carries ESPN, FOX, NBC and CBS. Sling TV ( $25 off the first month) - Sling TV carries ESPN, FOX, ABC and NBC. ESPN+ ($9.99 a month): ESPN+ carries college football games each weekend for only $9.99 a month. These games are exclusive to the platform. Peacock TV ($5.99 a month): Peacock will simulstream all of NBC Sports’ college football games airing on the NBC broadcast network this season, including Big Ten Saturday Night. Peacock will also stream Notre Dame home games. Certain games will be streamed exclusively on Peacock this year as well. Paramount+ (free trial): Paramount Plus will live stream college football games airing on CBS this year. *** Here’s a preview capsule via the Associated Press: Oklahoma (6-5, 2-5 SEC) at LSU (7-4, 4-3), Saturday, 7 p.m. ET (ESPN) BetMGM College Football Odds: LSU by 6. Series record: LSU leads 2-1. WHAT’S AT STAKE? For Oklahoma, a win guarantees the Sooners a 25th winning record in the past 26 seasons and probably a more attractive bowl bid than they’d get with a .500 regular season. LSU can reach the nine-victory plateau for a third straight season by winning its regular-season finale and its bowl game. KEY MATCHUP Oklahoma’s running game vs. LSU’s defensive front. The Sooners are averaging 226.8 yards rushing during their last four games. That includes a 257 yards on the ground in the upset win over Alabama . The Tigers come in allowing an averaged of 144.7 yards rushing per game. PLAYERS TO WATCH Oklahoma: QB Jackson Arnold has passed for 773 yards and five touchdowns with no interceptions, and has rushed for 231 yards since regaining his starting role five games ago. LSU: WR Kyren Lacy leads the SEC in TD receptions with eight, is fourth in the conference in yards receiving with 825 and is fifth in catches with 55. He FACTS & FIGURES Oklahoma and LSU have never met in the regular season, and the Sooners have never played at Tiger Stadium. ... Oklahoma coach Brent Venables has faced LSU three times, but never as a head coach. He was the opposing defensive coordinator in three bowl games and went 1-2 in those meetings. The lone victory and one of the losses came with Clemson and the first loss came with Oklahoma. ... The Oklahoma defense ranks sixth nationally in allowing 2.9 yards per rush this season, and that average has been even lower — 2.6 yards per carry — during the past five games. ... Oklahoma’s only victory over LSU came in the state of Louisiana, at the Sugar Bowl in New Orleans on Jan. 2, 1950. ... LSU has won 18 of its past 20 games in Tiger Stadium and the Tigers are 14-1 at night in Death Valley under third-year coach Brian Kelly. ... Kelly is 16-7 in SEC regular-season games with LSU — 9-2 in Tiger Stadium. ... LSU QB Garrett Nussmeier ranks second in the SEC in TDs passing (23), yards passing per game (314.4), and total offense (310.9). He has completed 290 of 459 passes for 3,458 yards and 23 TDs with 11 interceptions. ... In addition to Lacy, LSU’s offense includes two other players with at least 50 receptions: TE Mason Taylor (52 receptions, 518 yards and two TDs) and WR Aaron Anderson (52 catches, 778 yards and five scores). (The Associated Press contributed to this report) Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription.The J.M. Smucker Co. Completes the Divestiture of Voortman® Brand to Second Nature Brands and Updates Fiscal Year 2025 Net Sales Outlook
A missing 31-year-old man has been found safe, according to the Ottawa Police Service. CTV News Ottawa has removed all identifying information. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 20 Of The Best Gift Ideas For Men Under $200 13 Of The Best Self-Care Gifts You Can Find On Amazon Canada 19 Of The Best Tech Gifts Under $100 Home Our Guide To The Best Cookware Sets In Canada In 2024 (And Where To Get Them) Our Guide To The Best Space Heaters In Canada In 2024 (And Where To Get Them) Our Guide to the Best Portable Induction Cooktops in Canada in 2024 (And Where to Get Them) Gifts 21 Of The Best Gift Ideas For Women Under $300 19 Of The Best Stocking Stuffers For Teenagers 15 Useful Amazon Products That Make Great Stocking Stuffers Beauty Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit Deals 75+ Of The Best Amazon Canada Black Friday Sales, Deals, And Discounts For 2024 The Good Stuff: Our Favourite Black Friday Deals On Amazon Canada Amazon Canada's Black Friday Week Is On: This Smart Thermometer Will Make Holiday Cooking So Much Easier (And It’s 20% Off Right Now) Ottawa Top Stories 'Dude, Where's My Bus?' Ottawa man fed up with OC Transpo makes documentary exploring transit troubles Ottawa police charge two adults, teenager following Orleans kidnapping and robbery Ottawa to begin full enforcement of 3-item garbage limit on Monday: Here’s what you need to know Ship stuck in St. Lawrence near Morrisburg, Ont. being refloated What's happening in Ottawa this weekend: Nov.29-Dec. 1 Here's how it feels this Friday in Ottawa Real GDP per capita declines for 6th consecutive quarter, household savings rise SIU investigating death of Ottawa woman following wellness check CTVNews.ca Top Stories W5 Investigates | A 'ticking time bomb': Inside Syria's toughest prison holding accused high-ranking ISIS members In the last of a three-part investigation, W5's Avery Haines was given rare access to a Syrian prison, where thousands of accused high-ranking ISIS members are being held. 'Mayday!': New details emerge after Boeing plane makes emergency landing at Mirabel airport New details suggest that there were communication issues between the pilots of a charter flight and the control tower at Montreal's Mirabel airport when a Boeing 737 made an emergency landing on Wednesday. Federal government posts $13B deficit in first half of the fiscal year The Finance Department says the federal deficit was $13 billion between April and September. Weather warnings for snow, wind issued in several parts of Canada Winter is less than a month away, but parts of Canada are already projected to see winter-like weather. Canadian news publishers suing ChatGPT developer OpenAI A coalition of Canadian news publishers is suing OpenAI for using news content to train its ChatGPT generative artificial intelligence system. Cucumbers sold in Ontario, other provinces recalled over possible salmonella contamination A U.S. company is recalling cucumbers sold in Ontario and other Canadian provinces due to possible salmonella contamination. Nick Cannon says he's seeking help for narcissistic personality disorder Nick Cannon has spoken out about his recent diagnosis of narcissistic personality disorder, saying 'I need help.' BREAKING | Supreme Court affirms constitutionality of B.C. law on opioid health costs recovery Canada's top court has affirmed the constitutionality of a law that would allow British Columbia to pursue a class-action lawsuit against opioid providers on behalf of other provinces, the territories and the federal government. Real GDP per capita declines for 6th consecutive quarter, household savings rise Statistics Canada says the economy grew at an annualized pace of one per cent during the third quarter, in line with economists' expectations. Atlantic Some closures, power outages in the Maritimes with first storm of the winter season Parts of the Maritimes are experiencing their first winter storm on Friday with a messy weather system moving north from the eastern U.S. Woman charged with child pornography, sexual assault in Moncton The New Brunswick RCMP says a 35-year-old woman is facing a number of charges, including sexual assault, in connection with child pornography. Suspect taken into custody after weapons complaint at Halifax high school A suspect has been taken into custody after a high school in Halifax was placed in hold and secure Friday morning. Toronto Black Friday sales stretch out for weeks: retail analyst Black Friday is officially the busiest shopping day of the year, even surpassing Boxing Day and Super Saturday, the final Saturday before Christmas. Analysts say retailers are rolling out Black Friday sales sooner now, making them last longer into Cyber Monday and beyond. Cucumbers sold in Ontario, other provinces recalled over possible salmonella contamination A U.S. company is recalling cucumbers sold in Ontario and other Canadian provinces due to possible salmonella contamination. House fire in North York sends 6 people to hospital Six people are in hospital as a precaution after a fire broke out in a North York home overnight. Montreal Quebec trying to 'minimize' impact of health care cuts on services Eliminating $1.5 billion in health care spending is likely to have an impact on services, but Quebec says it will try to 'minimize' it. One woman killed, one hurt in armed robbery attempt southeast of Quebec City One woman was killed and another was badly injured following an alleged armed robbery attempt at a clothing store southeast of Quebec City. 'Mayday!': New details emerge after Boeing plane makes emergency landing at Mirabel airport New details suggest that there were communication issues between the pilots of a charter flight and the control tower at Montreal's Mirabel airport when a Boeing 737 made an emergency landing on Wednesday. Northern Ontario Another 60 cm of snow possible in the Sault as severe weather continues Closures and cancellations are piling up in Sault Ste. Marie as a major winter storm continues for another day Friday. California man who went missing for 25 years found after sister sees his picture in the news It’s a Thanksgiving miracle for one California family after a man who went missing in 1999 was found 25 years later when his sister saw a photo of him in an online article, authorities said. Two arrested following shooting on Manitoulin Island The Manitoulin detachment of the Ontario Provincial Police have two people in custody following a shooting incident in Wikwemikong Unceded Territory on Thursday. Windsor Breaking | Windsor man convicted on all counts by Chatham judge The Windsor man charged in connection to the double fatal Retrofest collision has been convicted on all counts. $4,000 in products reported stolen from storage container Chatham-Kent police are looking for suspects after $4,000 in products were stolen from a storage container in Chatham. Windsor man charged in child pornography investigation A Windsor man has been charged following a child pornography investigation. London Sarnia police lay charges after women wakes up to naked man in her home An arrest has been made after a break and enter call in Sarnia where a woman woke up to a naked man in her home. Police said after investigating, officers were able to identify a 26-year-old man who was also wanted on an outstanding warrant in London. Knights' Boulton hit with eight-game suspension The left winger has been suspended eight games, retroactive to Nov. 23 against Saginaw, when he was handed a major penalty for slashing, along with a game misconduct. 'Shock, disappointment, and excitement': South Bruce not selected for nuclear waste project Anja Vandervlies and Michelle Stein could hardly believe it when they heard South Bruce was not going to host Canada’s first permanent storage facility for nuclear waste. Kitchener Erick Buhr to represent himself during sentencing for second-degree murder in death of his grandmother, Viola Erb Erick Buhr will represent himself as he prepares for sentencing after being convicted of second-degree murder in the death of his grandmother, Viola Erb. One dead, another hurt in Cambridge shooting Waterloo Regional Police are investigating a fatal shooting in Cambridge. Police looking for missing teen last seen in Cambridge Waterloo Regional Police are looking for information about the whereabouts of a missing teen. Barrie 50 cms of snow across central Ontario expected this weekend Environment Canada has released snow squall warnings and watches for our region. Here are the school buses cancelled as wintry weather arrives The winter weather has arrived, and with it come the first school bus cancellations of the season. Individuals living in encampment in Barrie's south end given notice to vacate Several police officers and city staff attended a homeless encampment in Barrie’s south end on Thursday morning to inform the individuals living there they would have to vacate the area. Winnipeg Water main break causing Friday morning traffic delays in Winnipeg Winnipeg drivers are being warned of traffic delays on Friday morning due to a water main break. A tale of two downtowns: Restaurants opening and closing show complexity of downtown revival Proposed developments and new businesses opening are fueling optimism for some on a revival of downtown Winnipeg, but some business owners say the present remains problematic. Winnipeg winter route parking ban to start next week Winnipeg’s annual winter route parking ban is set to begin next week. Calgary Calgary Mayor Jyoti Gondek running for re-election Calgary Mayor Jyoti Gondek has announced she will run for re-election in the next municipal election in 2025. Multiple crashes reported on Deerfoot Trail Calgary police say there are at least three major crashes on Deerfoot Trail on Friday morning as frigid overnight temperatures likely led to icy conditions in many areas. Black Friday deals look to appeal to budget-friendly Calgary shoppers Black Friday sales are in full swing as annual holiday shopping returns and Calgary retailers compete harder than ever to coax budget-conscious shoppers into a deal. Edmonton Pedestrian hospitalized after Friday morning crash in central Edmonton A woman is in hospital with serious injuries after a crash on Friday morning. Oilers rightly optimistic they can pull themselves into NHL playoff picture. Again Hockey fans know the adage: U.S. Thanksgiving, while unofficial, serves as a great calendar marker in predicting which teams will make the National Hockey League playoffs. Brazeau County crash kills teenage passenger A 17-year-old girl was killed in a crash in Brazeau County on Thursday. Regina Crown gives final remarks in Ruben Manz case as argument to jury concludes The prosecution has presented their closing remarks against Ruben Manz to a 13-person jury, bringing an end to arguments before their sequestering. Federal government posts $13B deficit in first half of the fiscal year The Finance Department says the federal deficit was $13 billion between April and September. Canada Post temporarily laying off striking workers, union says The union representing Canada Post workers says the Crown corporation has been laying off striking employees as the labour action by more than 55,000 workers approaches the two-week mark. Saskatoon Ontario men arrested after Saskatoon police seize 16 kilos of meth, nearly $70K in cash Saskatoon police say officers arrested three 20-year-old men Wednesday afternoon and seized nearly $70,000, in cash as well as various illicit drugs. Extreme cold warning issued for Saskatoon Environment Canada has issued an extreme cold warning for parts of central Saskatchewan, including Saskatoon, on Thursday. Sask. forecasting $743.5M deficit in mid-year financial report, up $470.5M from budget The provincial government says increases to crop insurance claims later in the growing season are a main reason for Thursday’s mid-year deficit forecast of $743.5 million, which is up more than $470 million from the budget. Vancouver Man facing 10 charges after Richmond, B.C., crime spree A Metro Vancouver man has been charged with nine counts of breaking and entering and one count of mischief after a five-day crime spree last November. Surrey Police Service officially takes over from the RCMP after years-long saga The years-long saga over who will police the city of Surrey has reached its final chapter. Police renew appeal for information 12 years after Victoria woman's disappearance On the anniversary of her disappearance, police in Victoria renewed their appeal for information in Emma Fillipoff’s 12-year-old missing persons case. Vancouver Island Police renew appeal for information 12 years after Victoria woman's disappearance On the anniversary of her disappearance, police in Victoria renewed their appeal for information in Emma Fillipoff’s 12-year-old missing persons case. Man facing 10 charges after Richmond, B.C., crime spree A Metro Vancouver man has been charged with nine counts of breaking and entering and one count of mischief after a five-day crime spree last November. How changing catch-and-release fishing practices can boost salmon survival A study has found catch-and-release sportfishing practices that leave salmon with injuries, particularly to their eyes, cause higher mortality than earlier research suggested. Kelowna Kelowna, B.C., to host the Memorial Cup in the spring of 2026 The Western Hockey League's Kelowna Rockets will host the Memorial Cup in the spring of 2026, the Canadian Hockey League said Wednesday. 545 vehicles impounded in 332 days: BC Highway Patrol pleads for drivers to slow down Mounties with the BC Highway Patrol in Kelowna say they've impounded more than 545 vehicles for excessive speed and aggressive driving so far this year. That works out to more than 1.6 per day. Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Stay Connected
WARREN, N.J. , Nov. 25, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT ) today announced that on Nov. 20, 2024 , the company approved non-statutory stock options to purchase an aggregate of 18,815 shares of its common stock and 17,995 restricted stock units ("RSUs"), each representing the right to receive one share of its common stock upon vesting, to ten new employees. The awards were made pursuant to the Nasdaq inducement grant exception as a component of the new hires' employment compensation. The inducement grants were approved by PTC's Compensation Committee on Nov. 20, 2024, and are being made as an inducement material to each employee's acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4). All stock option awards have an exercise price of $41.96 per share, the closing price of PTC's common stock on Nov. 20, 2024, the date of the grant. The stock options each have a 10-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee's new hire date and 6.25% of the original number of shares vesting at the end of each subsequent three-month period thereafter until fully vested, subject to the employee's continued service with the company through the applicable vesting dates. The RSUs each will vest over four years with 25% of the original number of shares vesting on each annual anniversary of the applicable employee's new hire date until fully vested, subject to the employee's continued service with the company through the applicable vesting dates. ABOUT PTC THERAPEUTICS, INC. PTC is a global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines that provide benefits to children and adults living with rare disorders. PTC's ability to innovate to identify new therapies and to globally commercialize products is the foundation that drives investment in a robust and diversified pipeline of transformative medicines. PTC's mission is to provide access to best-in-class treatments for patients who have little to no treatment options. PTC's strategy is to leverage its strong scientific and clinical expertise and global commercial infrastructure to bring therapies to patients. PTC believes this allows it to maximize value for all its stakeholders. To learn more about PTC, please visit us at www.ptcbio.com and follow us on Facebook, Instagram, LinkedIn and X. For more information please contact: Investors: Ellen Cavaleri +1 (615) 618-8228 [email protected] Media: Jeanine Clemente +1 (908) 912-9406 [email protected] SOURCE PTC Therapeutics, Inc.After Trump’s win, Black women are rethinking their role as America’s reliable political organizers
Larson Financial Group LLC Increases Stake in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI)Land is life. From the water we drink and food we eat to the air we breathe. The land also supports forests, rangelands, wetlands and other terrestrial habitats supporting millions of species; healthy land is at the heart of it all. And yet, we continue to hurt, damage and ultimately erase its very existence. This is the stark reality of land degradation, a silent crisis threatening the foundation of our planet. Around 40% of land globally is already degraded, impacting 3.2 billion people, according to the United Nations Convention to Combat Desertification (UNCCD). That, however, is just today’s reality. This is a problem engulfing more land every day; in fact, every second the equivalent of four football fields of land becomes degraded. Every year, this amounts to 100 million hectares of land being degraded. In Türkiye, the threat of land degradation and desertification is an urgent and growing crisis, with nearly 60% of the country’s land classified as at-risk, according to the Intergovernmental Panel on Climate Change. This vulnerability is driven by climate change and unsustainable land practices, including deforestation, overgrazing and inefficient irrigation. According to research by Ankara University, the worst-hit regions include Central Anatolia, which has seen significant degradation, and also the Lake Tuz basin, which has experienced severe water depletion and salinity issues due to unsustainable agricultural expansion. In regions already susceptible to drought, these changes are making the soil less fertile and groundwater increasingly scarce, impacting an estimated 5 million people. UNCCD data shows the economic repercussions of this degradation are far-reaching. Türkiye’s agriculture sector is losing about $1 billion annually in productivity as degraded soil yields smaller harvests and more water is required for crop maintenance. As a result, more and more people are migrating from rural to urban areas. Globally, recent human history has taken a drastic toll on land. The simple truth is that the longer we take to act on land degradation, the harder it will be to reverse its devastating impact on our land, water and climate. I don’t say this to sound alarmist. I say it because for far too long it has been an unspoken truth on the international stage, one blighted by inaction. Land is intrinsically linked to our well-being as a planet and people. The UNCCD estimates that 75% of freshwater originates from vegetated land, and vegetation protects 80% of global soil. Losing vegetation leads to the loss of both soil and water resources. Healthy land ecosystems play a vital role in regulating the climate by sequestering carbon and maintaining water cycles. However, when land is degraded, these functions are compromised, leading to increased carbon emissions and exacerbating global warming. A key study by the Intergovernmental Panel on Climate Change found agriculture, forestry and other land-use activities accounted for 23% of total human-caused emissions. The same report highlights the critical nature of land to act as a carbon sink, helping to sequester the equivalent of 29% of total CO2 emissions. In short, degrading land not only increases emissions, it erases an invaluable source for removing them from our atmosphere. As an example, land ecosystems and biodiversity are vulnerable to ongoing climate change, and weather and climate extremes; meanwhile sustainable land management is a proven means to reduce the impact of climate change. Land degradation, drought and desertification have a seismic impact on societies around the world, with the ramifications felt by almost everybody. From depleted agricultural productivity impacting parts of Europe to the extremities of food scarcity and famine, land degradation has left barely a corner of the planet untouched. Land degradation is also the enabler of drought. When the land is degraded, it loses its ability to retain moisture, further limiting crop yields and increasing vulnerability to drought. Analysis by the World Resources Institute estimates a quarter of the world’s population faces extreme water stress every year, regularly using up almost their entire water supply. That figure is set to rise by 1 billion by 2050 if we do not act. Alarmingly, as the impact of drought is felt with increasing regularity and severity around the world, so too are the demands placed on water supplies by growing populations. The same study forecasts global water demand will increase by between 20%-25% by 2050. It is why we must not just prevent further land degradation, but urgently restore it. The issue extends far beyond water and food scarcity. In regions like the Sahel, prolonged droughts and desertification have already led to mass migrations and increased competition for resources, resulting in social and political tensions. Indeed, a UNCCD report on desertification estimates that 40% of intrastate conflicts over 60 years were associated with land and natural resources. The situation may seem dire, but there is hope. The UNCCD COP16 in Riyadh, Saudi Arabia in December presents a unique and timely opportunity to deliver lasting impact, not just for land but also climate and biodiversity. If we are to meet the UNCCD target of restoring 1.5 billion hectares of land by 2030 then we simply can’t afford to wait another two years. Importantly, we understand the issues, and what’s at stake. The fight against land degradation is not just for scientists and policymakers; it's a collective responsibility. That is why for the first time at a UNCCD COP there will be a Green Zone, to enable the public, private sector, NGOs, scientific community, and financial institutions, to find and fund lasting solutions. Ultimately, we are doing this to amplify the voices of the 3.2 billion people impacted by land degradation, drought and desertification around the world. What, then, can we aim to achieve? Securing stronger, tangible and binding commitments from countries on land restoration will help mark a turning point in the fight against it. Land Degradation Neutrality targets are already a critical tool in ensuring action, but the reality is more nations must sign up to them with time-bound commitments to make them truly effective on a global scale. Land restoration can, and should, also be prioritized as an urgent funding need within existing multilateral mechanisms, such as those available through development banks. Furthermore, the private sector has a critical role to play. For too long land has been a resource to be used and exploited for profit. We must reverse this equation. Land should be protected not just for our well-being, but because countless businesses, supply chains and economies are built on its health. Restoring land is the most effective means to safeguard long-term business and economic security. Indeed, according to the UNCCD, every dollar invested in restoring degraded lands is estimated to bring between $7-$30 in economic returns. We must see this as an opportunity. Restoring ecosystems and soil biodiversity is among the most effective weapons against weather extremes and climate change. Restoring land will create employment and drive economic growth. In many senses, land restoration pays for itself. We need to stop thinking about the cost and focus on how much more economic productivity, and food and water security could be leveraged globally by increasing investment. Quite simply, not investing in sustainable land management costs trillions of dollars every year. In fact, the UNCCD estimates land degradation puts $44 trillion every year at moderate to high risk, roughly half of global GDP. In short, there is a tangible cost to inaction, a devastating impact on both global environments and economies that only now are we truly starting to comprehend. I hope this is the beginning of the end of land degradation. COP16 in Riyadh can be the opportunity when we finally mobilize as an international community to arrest land degradation and accelerate restoration. It is the moment to turn this silent crisis haunting so many, into a symbol of global action that reverberates around the world for decades to come.
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