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tv   Pricing The Planet 2015 Ep 1  Al Jazeera  October 9, 2017 9:00am-10:00am AST

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there's a problem in doha with the headlines on al-jazeera a diplomatic dispute as escalating between the united states and turkey ancora says it won't process any visitor visas for u.s. citizens that's off to washington suspended and the country as a service is at its missions in turkey darnedest to book reports from washington
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d.c. . the u.s. fired off the first volley in the diplomatic dispute on sunday issuing a statement saying it was suspending all nonimmigrant visa services at diplomatic facilities across turkey by the end of the day the turkish embassy responded in kind to the u.s. the visa suspension war started just days after turkish authorities arrested a us consulate employee met in tokyo claiming tokyo's was fine for an exiled turkish cleric the u.s. says those accusations are baseless oh look i was a look our retired and basswood her and former principal representative to the european union says the u.s. is sending a clear and deliberate message. or already there warning. at all we're going. to go are you talking to the american interests the exiled cleric fedele
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a group one has been a bone of contention between the u.s. and turkey for nearly two decades turkish president. claims masterminded last year's bloody military coup attempt from his compound in the u.s. state of pennsylvania he's been pressuring the u.s. to extradite the cleric goole and has repeatedly said the claims are baseless following the failed coup attempt former vice president joseph biden traveled to turkey to reaffirm friendly ties with the nation president donald trump did the same thing when air to one visited washington last spring turkey remains a valuable nato ally is home to the incirlik air base. strategic military tool in the u.s. war against arsenal besides the consulate employees a dozen other americans remain under arrest in turkey but so far efforts to negotiate their release have been unsuccessful dian estabrook al jazeera washington at least twelve people have drowned after
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a boat capsized as it was carrying behind the refugees from myanmar to bangladesh ten of them were children it's the third time a boat carrying people escaping violence and nine months of rakhine state has capsized the trouble ministration has outlined hardline immigration policy is in the list of principles shown to congressional leaders wants to reduce immigration by limiting the number of green cards for family members of u.s. citizens to employ an additional ten thousand and gratian officers to deport criminals and unaccompanied children he also outlined measures to penalize so-called sanctuary cities because they refuse to share information to help the government enforce immigration law. a senior u.s. republican senator says president trump's twitter activity is hurting the country's foreign policy bob corker chairs the foreign relations committee has told the new york times that trumps threats to other countries could set the us on the path to world war three. farmers in the kurdish region of northern iraq say iran has stem
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the flow of water to border towns and follows last month's kurdish independence referendum iraq iran and turkey opposed the vote all of them have a large kurdish minority the scottish national party appears to have delayed plans to push for a second and dependence referendum on the back of britain's exit from the european union scotland rejected independence from the u.k. in two thousand and fourteen but the majority of scots voted to remain in the e.u. during two thousand and sixteen breaks it referendum. that wouldn't give any further consideration to the timing and tow. the thames of but it's become clear to we've cleared a lane of say about what all that means for scotland that doesn't mean i will stop making the case for scotland being independent hundreds of thousands of people have joined a unity rally in spain. at secession referendum the regional government is considering a unilateral declaration of independence as the headlines on
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the do stay with us on the planet is coming up next thank you for watching. with. that we have our depth look at the problem of global warming and what. it's now being. earth as we know it today.
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from a ship that reveals. not if economic and financial markets could save the planet. reuse nature because she's valuable but we lose nature because she's free. if we invest money in protecting nature will urge a very very high financial return. economists bankers investment funds and finance is taking an interest in the environmental crisis they say that they can protect
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the planet their way with money how much is the beach that you visit every year actually why how much for the forest that you love to walk in so much what is the value of a planet a mammal an insect does this combination seem at all unnatural to. financial isolation it was to rid of the. endangered species and forests treated like financial products. can market succeed where politics of so far failed. but it won't risk. price.
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sometimes i describe the challenge that we have as the economic invisibility of nature what i mean by that is that most of what nature provides is not transacted in markets where there's clean air or fresh water or whether it's the pollination of bees or fruit trees wend of of ever send you an invoice. billions of workers twittering away without a break in silence and for no pay. for millenia no one recognized neither their value nor all the work they do. it took a tragedy for us to finally recognize that economic value. in the u.s. a large part of the natural wild the population has died off the same thing is happening in europe and there are hundreds of people who keep large numbers of being used. in hives and want to farm or want his fields pollinator he
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calls one of these commercial pollination forms now there's a right for hiring a million things for a week to pollinate your crops. but what if tomorrow they were to disappear entirely what if we had to replace these bees with humans and therefore pay them. the pollination service of bees is economically invisible but the total value of that was found to be something like two hundred billion dollars that's almost eight percent of the total agricultural output on a. we look at these little creatures differently now that we know that they're worth two hundred billion dollars don't worry. we immediately pay more attention to them all that wealth in a beehive and we humans never realised it. mr johnson yes hi mother nature here i'm here to collect the last month's nature usage
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nature usage ok let me see the sun oh look at every day. there was a cool breeze on tuesday. but what if the solution was already here we just need to put a price on everything that nature provides pollination the pleasure of walking in a park. to work. that is a good question. how much of what if you were you can put a price on it and put a price on here you can hear it's priceless i want to be made to was. we were in this to learn how to take good and bad shouldn't have to do something. i don't as living in a flat we haven't in new york this is on fifty six street but if i bought the same
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flat in fiftieth street i checked and the value was more than twice as much why do you think the value between fifty six and fifty s. street for the same area one thousand square feet is twice as much because the one that is on fiftieth is next to central park so just the ability of people to see greenery is worth one million dollars extra. hind on your oxygen bill. very long are you mr. short this week. so will that be cancer charge. going to destroy this go away could you. if. you pretend that you. don't have any oh. don't. for already. looking.
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our economic system was created in a very different era it was created hundreds of years ago when what was valuable what was scarce were capital and labor. so that's what we put a value on all the natural resources all the ecosystems all the clean air clean water there was too much of that you know and so we didn't put a value on it. having plenty of clean water and animal species is of no interest to the markets they hate things that are abundant and free. the equation is beginning to change. nature is the eldorado of the twenty first century. a new economic sector with promises of huge returns for investors banks finance corporations and states are
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attracted into it. and they all know that on a dead planet no one will do business anymore. or that he or jimmy carter it. all about. the bottom order rebels or real bush all the top of the two. it is expressed fit go on then suggest. should i move more into that they will that i'm actually more dispersed almost previous because. of it up it could be. that fundamental economic theory you know supply and demand the more there is supply of something the less the price the less the demand the less the prize but
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the more the demand and the less the supply the higher the price and effectively right now the price we're putting on the environment and natural services zero. effectively but that's going to have to change as the supply of these natural resources continues to dwindle and the demand in the form of people continues to grow. applying the law of supply and demand to not to resources in species is something new. until now almost no one had ever thought of putting life itself into the economic machine. yet i'm all. these you know will happen it. is a space on in her. she'll go he. has done nothing. like they are nowhere close to beauty of you're not sitting in your then you. this was
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the time of one of the greatest geological disasters the dinosaur disappeared and along with them seventy percent of all animal species we could now be in the middle of a similar crisis only this time it's not a meteor that caused it it's my. notes it is from. me going to the onion is the process of. the movie was. either. in the first beloved us nor from a citizen manner that would only say. economical. since the industrial revolution the world's population has increased six fold water consumption risen by a factor of three. the amount of carbon in the atmosphere has doubled. the
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global temperature has increased. and half of the world's rainforests have disappeared. ecological footprint is escalating. to satisfy our needs we're using the resources of one and a half us if we continue at this rate by twenty thirty we'll need two planets by twenty fifty two and a half. what happens if there are very much less trees if there's not the clean water we need where we need it when we need it if there isn't the clean air where we want it where we need it that becomes scarce or becomes more valuable we're going to start to put a price on it we're going to start to put a price on the destruction of it and we believe there are opportunities in that transition to profit from that transition. besides business has already started about a hundred miles east of los angeles there's
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a fly. probably the most expensive fly in the world. here here it comes right here flying right by us that is one of them here it is again so that there. a century ago there may have been on the order of around forty square miles of habitat that is essentially the distribution of the sand dune and over the twentieth century ninety five percent of the remaining habitat has been destroyed or converted over to other uses. only
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a small fraction of that five percent supports good populations of this rare insect this high sand flower loving fly. and they emerge during the heat of the summer and the adult fly only lives for a few days at the most. colton county underwent huge economic development. business and industry gradually swallowed the sun genes while the so-called delphi sound flava nothing fly had the sad owner of becoming the first american flight on the endangered species list. to protect it in one thousand nine hundred three the state froze commercial activity on its habitat colton's growth dropped to zero all because of a park. the citizens here you know what jobs the citizens want
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retail services they want more businesses to be here and right now we're prevented from bringing them into town so the fly found itself hated by the entire population but one man's misfortune in the fly is a rare species with rare property makes a very good financial investment. we can create as much value for both our stockholders as well as create a biological opportunity for conservation by turning out into litigation right so our most recent sales have been two hundred fifty thousand dollars an acre. the bank saw an opportunity here in mitigation bank it realized that it could make money off these useless little sandflies it bought a part of the flies habitat and then it did nothing leaving the insect to live in peace while selling shares. if a business wants to develop a project on the land where the fly lives will find itself blocked by the state but
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by buying shares the entrepreneur can offset his impact by investing in the insects protection and secures his right to develop his business the bank has already made twenty million dollars. the free market has to find out a good balance between adequate conservation share a value allowing development to go for. a bank making money by protecting a species that sounds like a win win situation right but for the inhabitants the bank is still a fly in the ointment. the fly is winning the war. with the flights in place we've lost millions and millions and millions of dollars years and years and years of time you know we can't replace what we've lost. it would be cheaper to pay people to go out and kill the flies than to mitigate joke joke. but true but true the true self.
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in the united states species protection is in the hands of these new bank as businesses estate agents road builders anyone who's activity in dangerous animals has to pay these banks. they protect more than a million acres of land. they sell wetlands credits cacti credits. credits even this it's quite intense. wildlands is the biggest mitigation bank of the american west her annual revenue is
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exceed forty million dollars a year and medications sales. way but again for jack gardner's night. for salmon steel had dealt a smell what. twenty some hock or burrowing out for desert tortoise elderberry longhorn beetle tadpole shrimp very sure of. our customers are aware of the local solutions that we can provide now these customers will come and say i'm building a shopping center and i'm affecting burnell pools are in fact doing our borrowing our do you have something that can help my offset my requirements. so we take a look at our mentor we provide them a quotation for a solution and then we barter that those credits to them as in a non tangible transaction we give them a relay for their liability as a certificate of good well. but how do these banks choose to
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invest in unprotect one species rather than another. happens to those endangered species living in areas of the us with us nobody has no economic development and therefore no one to buy credits. choosing between one and dangerous spaces on another dangerous basing it all depends on market demand. buying landscapes protecting landscapes accumulating their landscapes it's a phenomenal opportunity to be able to use a business model to achieve sustainability of nature. where you weren't profitable we would have wanted to reinvest in the future projects. the laws of the market applied to endangered species surprising right how could we let banks decide which species are with saving and which ones not. which ones deserve to live on
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which a dying on the top of profit. if you were to go on the species banking dot com you would find probably about seven hundred different banks. and it's roughly it's roughly between two and a half to three and a half four billion dollars a year that are in banking. this market for endangered species is developing. today all these mitigation banks are listed you want to know which one protects the swainson's hawk the tiger salamander or the desert fox. with one click the endangered species appear and the number of credits issued. by bit. look at the verse. that in there
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my your friend who. is busy is the plant that's one email is. correct but other than it. is that's when i said yeah this means. this up but i said. hi i'm joe i work for a company. called i can't believe this is a realize it relies on nature which is why i'm organizing a meeting a big meeting to discuss natural capital so you idea to boost the business you have a financial capital so what is natural capital natural capital is capital which nature created. the climate system is natural capital for use of the natural capital because they take it out of the atmosphere and produce oxygen were bought of us to natural capital. so let's take. this
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one's a lever that the function is to make you kalyani grass and grain that's a lot of land and a lot of water. but it provides the clean water that we need the healthy food that we need nature through things like forests provides us protection from storms or floods and that's what i mean by nature's fortune and so when we speak like academics we call what nature does for us ecosystem services. so nature has become a real business it has its own capital and can offer its services to consumers. without waiting in the amazon rain forest there would be no agricultural economy in south america. a service estimated to be worth two hundred forty billion dollars. there is an area that is the ocean's coral reefs and it has become the global
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economy and biodiversity developing his goal is to convince the world of the importance of these capital assets calculating the economic value of nature has become his life's purpose. he can put a figure on an ecosystem as easily as he can assess global losses. at the risk of turning nature into a commodity. the total loss of value every year was almost two to four trillion u.s. dollars that is two to four million million u.s. dollars that's almost the same size as the loss that was suffered in the financial meltdown in two thousand and eight which was about five trillion dollars so the give you a sense of how big these losses are and yet they are invisible because we are not accounting for the capital when it disappears when the forests disappear when the wetland is closed we're not accounting for the losses because we're not accounting for the income the assets are invisible same problem economic invisibility of nature. there are certainly some people who feel uneasy about putting
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a price on. the feel of some our nature is intrinsically invaluable only if we get business and governments as equal partners in this debate will we find the solutions and this to the solution that the world. with a document. is that open your eyes at this time on al-jazeera. in a world where journalism as an industry is changing we had fortunate to be able to
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continue to expand to continue to have that passenger drive and present the stories in a way that is important to our viewers. everyone has a story worth hearing. we cover those that are often ignored we don't weigh our coverage towards one particular region or continent that's why i joined al-jazeera . in recent years the sawhill of north africa as witness the so-called wool on terra. but is this official narrative. battle. a battle for the earth's natural resources. shadow war in the sahara at this time.
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there's a problem in doha with the headlines on al-jazeera turkey and the u.s. are involved in a rapidly escalating diplomatic dispute turkey says it won't process visas for u.s. citizens who want to travel there and that comes after the u.s. announced it would stop issuing and immigrant visas at its embassy and consulates in turkey both countries say they need to reassess each other's commitment to the security of embassy and consulate stop a u.s. consulate employee was arrested and istanbul last week over alleged links to the man turkey blames for plotting last year's failed coup don estabrook is following the story from washington d.c. there are some a dozen other u.s. citizens who have been arrested and detained in turkey one includes a nasa scientist another is a christian missionary vice president mike pence and secretary of state rex
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tillerson have been trying to get that missionary freed without success so yet another volley has been has been filed over the last few days in this diplomatic snafu that these twelve people have drowned after a boat capsized as it was carrying the hunger refugees from myanmar to bond and they ten of them were children it's the third time about carrying people escaping violence and male masa rock'n state has capsized. the trumpet ministration has outlined a hard line and aggression policies and a list of principles shown to congressional leaders is to reduce immigration by limiting the number of green cards to family members of u.s. citizens troublesome ploy an additional ten thousand and gratian offices to deport criminals and on the company children he also outlined measures to penalize so-called sanctuary cities because they refuse to share information to help the government and force immigration law a senior u.s.
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republican senator says president trumps twitter activity is hurting the country's foreign policy. as the foreign relation. this committee has told the new york times that trumps threats to other countries could set the us on the path to world war three. hundred of thousands of people have joined a unity valiance bands cuttable region one week after that secession referendum regional government is considering a unilateral declaration of independence as the headlines on al-jazeera pricing the planet continues next thank you for watching.
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the laws of the market applied to endangered species surprising right. how could we let banks decide which species are saving and which ones not. which ones deserve to live and which are to die on the altar of profit.
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they let you in the baited free to prove it was on. the to do was put your specific not quite conscious cigar this century and that you're not paid to put it correctly around you snip committees. and that you're not by the very are going to get one sick. kid for example he can't he says you do he really it could a massively videotape this is ground zero it will be valid to know this join the service. not just in the next year when he did good you are a veteran classic when at least it will be you get there if you for the example. there are some people who feel uneasy about putting a price on. the feel of someone i trust intrinsically invaluable. that
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bringing the profit motive and of associated greed to their own natural phenomena is somehow just the wrong thing to be doing. i think that short sighted. there are many people in the world it seems who are very shortsighted. such as the thousands of protesters who demonstrated in rio during the two thousand and twelve summit rather than turning nature into a commodity these opponents demanded strong policy is to solve the environmental crisis in vain. at twenty years ago the or the summit put such nobody development on the global agenda. yes let me be frank. i have not lived up to the challenge we are playing political poker with the future of our planet by
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not acting with the urgency that the situation calls for. more conflict and more environmental destruction on one side polis is incapable of providing a global solution on the other growing markets preserving some species and habitats some people have chosen their side the so-called economic efficiency. the society is. what we now call natural capital. there was a no god for rivers god for god for some. for all recognizing the importance of different types of natural capital. we don't die of five things today but we recognize their importance by putting dollar signs in front of them by making them into capital assets that reflects the change in our society a capitalist engine for. for decades and
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decades we have been trying to save biodiversity and and and forests and those things out of the goodness of our heart out of the fact that we know that's the right thing to do and we have failed we have failed miserably and i will i'll challenge anybody in the environmental movement about that so we need to find other instruments that can get us to much. bigger scales to be able to address those issues. the facade is discreet it's home to a business that is growing with each passing year the ecosystem marketplace is a nonprofit company based in washington d.c. which issues environmental economic reports. and the idea was to create a bloomberg of environmental markets where you had literally all the transaction
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data publicly transparently and credibly available because that then that stimulates markets so we created what we call the matrix which really lays out twenty four different kinds of market instruments. the matrix is the bible of the markets ecosystem services markets in biodiversity water carbon green tourism genetic missiles is. the ecosystem marketplace invented this matrix to show the potential for growth in these new el dorados for instance ten percent each year for biodiversity markets fifty five percent for carbon. is another one. but i give you this say about that.
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well. with. you have than it. is look at the newseum. they're not that crazy they just have a business oriented mind. and they believe that markets can solve the environmental crisis. the idea is gaining ground slowly but surely convincing a growing number of people. that this idea didn't just come out of the blue it's being worked on and shaped for over fifty years and. led this is. they're going to.
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need to know why. i continued all i can. in this best. duggan's astrologist yet. home of mall. of aussie. land herman told backlash told about. the reagan continues to hammer away at his major. founder spokes person in ronald reagan during his campaign the republican candidate accused president carter of stifling growth with his environmental laws he visited a factory where thousands of people had just been laid off according to him because of the e.p.a. the environmental protection agency. was a symbolic effort to remind voters that tough times arrived here while jimmy carter was president it was. something.
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to meet their mandate but could not be afforded there was no way to do it. thank you thank you. again i have enemies on roff ians i met plus encouraging to has shown the. vermonter protection agency her on the injured singing a. song. i leave you push on lay out. environmental regulations are cut back or made more flexible and this opens the door to the creation of market instruments supposed to save nature. when george
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bush takes office he continues the deregulation policy one of the first testing grounds is the. vast ancient swamps vital for biodiversity. businesses would really like to use these areas where nature has been left alone. invents no never wetlands no net loss of wetlands with this new law the president puts in place the structure that we underpin the environmental markets. his method for preserving wetlands is to be compatible with economic growth businesses will be able to destroy parts of the wetlands as long as they offset the damage they cause us. you have. to. feel this best avoid. the you know let us.
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what we're seeing that exciting is that it's starting to get uptake in other places china brazil mexico peru we're starting to see some real interest in these kinds of an instrument for compensation around biodiversity loss. this jungle in borneo is worth some thirty four million dollars. the state conceded it to an investment fund that set up the world's largest mitigation bank. it intends to make a profit by offering its credits to customers such as pension firms and insurance companies.
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yes there's not very much of that forest left and it's not very much left in good condition and i be earning about eighty thousand hectares as. far as my forests has and. so that's what makes protecting this loyal and forests very important and that's where the iconic spaces actually live in london forests that's where the first trees. you know that's where the. mouth is thirty four thousand forces in malaysian. and what's unique about this particular project is that it seeks to take a commercial approach rather charitable approach to conservation isn't trying to monetize the ecological value in the forest. only you know is the third largest
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island in the wild it's forest is almost one hundred fifty million years old and a century ago it covered the entire island today two thirds of it have vanished. because of logging and palm all plantations. in just a few years the island has been transformed into an ocean of monoculture the ecological catastrophe is complete. at this rate the last remaining around the tangs will have disappeared by the end of the decade just like the pick me out of hand and other species if. the battery instead of doing worth nothing. and. being worth absolutely nothing no value
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then the panel company would have to pay that price in order to be able to destroy it and develop it. the maloof bank sells its jungle credits to pummel produces and any other food processing companies around the world that use the oil in their products will force him those who destroy primary forests to pay for this destruction save the great apes. it isn't a lot better to do that it can get you know. if this reality release last thirty should go the beauty but some better means but a condom in a slump and a means of but at this. point is just to make any better bears. little balance to. him either except them in the local variable to get him in the aero
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looking a programmer. but i suppose so that if you go you can only look. sadistic similar to those. economic model is not yet profitable but the heavyweights of the market believe in its future. in twenty thirteen h.s.b.c. was the first bank to publish a report on natural capital. these environmental markets the originally seen as nation is looking ever more promising. natural capital issues fundamental to how we will live in the future. we may see population migration migration we may see huge changes in the way people live investors are thinking about natural capital because they realize that it can offer
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a constraint and an opportunity. they want to think about. vestments. for the stakeholders and that means thinking about how the supply of natural capital might change how disruption lie to cover in relation to natural capital resources. of the next wave of of real financial gains could be environmental markets for sure with the bank you look at both the risk and the opportunity around these issues and i think all of them are recognizing that natural resources are very important. so the j.p. morgan chase is the merrill lynch is and bank of america all of these major banks they're the institutions that invest in the businesses that are doing the projects
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that are having an effect on biodiversity positive or negative so they're they're a very important piece of our of our coalition. so that is who is behind the ecosystem marketplace who is interested in these markets in their potential and who sits on their boards and committees. when we look at the development of biodiversity markets we find some very well known actors banks in particular and what's curious and scary at the same time is that oftentimes these are the very same banks that were also very actively involved in the trading. that let to the last
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large financial crisis. banks of course don't do that because they have at the heart. protection of nature. they do that because they see a business and. they want to become the ones who provide the trading platforms. bank of america merrill lynch was fined a record seventeen billion dollars by the american government on charges linked to the subprime mortgage crisis. j.p. morgan chase the largest bank in the usa had to pay a thirteen billion dollar fine for the same charges. citi group saved from bankruptcy by the same government paid hundreds of millions of dollars to escape legal proceedings by disaffected clients. we can even find companies set up by former employees of goldman sachs the same bank that made
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billions in profit by speculating on the crisis. can leopards change their spots. you might even think they're the bad guys maybe they even have been the bad guys in the past but sometimes they were the bad guys because they were making mistakes they didn't know better and see whether you can convert a bad guy or somebody who's just not paying attention into being an ally because if we can do that we can get so much more done that was the boss of one of the biggest nato protection agencies in the u.s. his remarks are somewhat surprising play the nature conservancy has almost one million members and protects millions of acres of land i mean areas around the world but is this. all strategy i had of really fortunate experience
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when i worked at goldman sachs i had been a mainstream investment banker for more than twenty years and my final position before joining nature conservancy was leading an environmental effort for the firm having a c.e.o. that has all of this experience coming from the world of banking and corporate banking in particular. will continue to look for the solutions to. the crisis. where those solutions don't hurt the very sector that has made his career. a banker i understand the difference between prices and values i also understand that nature has huge value which we have something of learn how to appreciate. is the global reference in this sector the man with the most influence he made his
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career at deutsche bank. he argues that putting a price on nature doesn't mean turning it into a commodity. he simply hopes to make states more aware of the ecological riches and make companies more responsible. can a banker change his own nature to. economics as mere weaponry the direction in which you shoot is an ethical choice i have made that ethical choice to shoot in the right direction using the same weapon. with his economic weapon the ecologist banker has targeted the politicians he has already won the battle of ideas with international institutions and their directors. the situation in european union of course could be better. despite a lot of things which we are doing. the facts are that still only seventy percent of our habitats and species are in good environmental status and only eleven
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percent of eco systems are in such kind of status i think it's nothing to hide obviously faith. it's the dark side of development corporations that insure our comfortable lives and causing damages we'd rather ignore. or oil chemical and steel industries areas where the air is choked with carbon dioxide sulfur dioxide benzene hydrocarbons metals europe urbanized it industrialized in these areas the people are ill and biodiversity is dying out. when you find as biodiversity you can logically look to the public funds but the the end of the day you know many look at the public funds and there are many needs which you would need to address the public funds so we do so of most important that
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you use also private funding and that's why this in of a financing. mechanism's logic starting to emerge. question is it was a simple kind of course he did he. not sure must a good question. it could be put. on the happy. dog isn't too long to live. he couldn't. because he could really get. it is into a complex. class almost a content. plant and of. police activity. in brussels where they look is capital of the european union you have between fifteen thousand and fifty thousand . and that most of them work for
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a corporation. we want to have this partnership with the business sector because without that partnership. we have practically no one chance to succeed. in two decades multinational corporations have fashioned an effective lobby group. i think we're. moving to a state where it will become equal partners in the discussion sometimes people say to me mark why would you work with companies that have such a big environmental footprint and i say that's exactly why we should work on this for me this and this is simply this is going on built in last prominent thought is they'll invest in a plan it has to go into the isidro from them and element that says that this has really done in america villainously on this and. so are the un
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business corporations bankers and politicians all in bed together. is there an international plot against nature. and what if this alliance was the only means of saving the planet. we are witnessing around the word this hungry money which is only looking at how to make the next profit devastating economies devastating ecosystems putting a price on the protection of nature green economy are sound good but it was all about privatizing of nature should our environment be for sale what we're trying to do this destroyed people that stabilize the country given enough nitrogen to do that pricing the planet at this time on al-jazeera.
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welcome back as we look at the weather across the levant and western parts of asia conditions are generally quite fine it's not as hot as it has been across iraq iran and kuwait but relatively pleasant conditions fine around the caspian sea area around the mediterranean we've got the chance of one of two showers coming in here but for much of time the weather looking dry showers though over parts of turkey and some of those could turn to be quite heavy heading into tuesday still showers across those eastern areas now here in the arabian peninsula it's looking fine it's just beginning to cool the humidity is dropping very slightly so we're now heading towards a more pleasant time of year thirty eight degrees a high in doha thirty six in abu dhabi that dry heat remains in place across the western side of the peninsula with that mecca coming in at thirty forty one and forty one again as we head on through into tuesday about states son are looking at little bit more the way of cloud perhaps your shower temperatures of twenty five degrees for southern portions of africa we've got a lot of rain across the eastern parts of south africa into the sotto swaziland i
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think for cape tell it should be largely drive further nor sunshine in zimbabwe harare looking at temperatures there of twenty nine so you head on into tuesday should be fine across much of namibia too with highs of twenty eight when talk. in the. coverage of looking for an easy solution we delve deeper and challenge. for a new season of love from at this time. facing reality the president said that there would be a complete audit a hundred percent audit that audit hasn't happened getting to the heart of the matter so are you saying then that the future of the g.c.c. will be in doubt here the story. on talk to al-jazeera at this time.
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and the u.s. imposed. sanctions in a deepening diplomatic dispute. watching al-jazeera live from a headquarters in doha.

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