ah, subscribe to you choose dot com forward slash al jazeera english ah . eileen site in dough. hi, here, top stories on al jazeera, the you and says it scrambling to rescue more people for muddy poles besieged as of stole steel plant, and was of civilians along with ukrainian fighters still trapped in the bunk as their 3 bus loads were evacuated on friday they arrived at a camp in the russian control village of bessy, many ukrainian officials have again accused rasa validating a ceasefire, which is supposed to help people get out. brianca got to report this is russia's distract the siege of the last remaining ukrainian resistance in maria pole. under the smouldering ruins of the as of south steel plant,

are $200.00 civilians believe to be trapped on the ground with ukrainian soldiers. officials and keys say they are making a new attempt to get them out with the help from the un. but as a risk, you of the lease form as of style. currently, russian shelling and the assault on as of style has not stopped, but civilians still need to be taken out. women, children, many children who are still there. just imagine this hell more than 2 months of constant shelling or bombing constant del nearby. we expect an affective regime of silence, but we are doing everything to find a solution and to save another 3 more sessions may be. russian tans are not far away. they're allied separate as fighters patrol the streets. this fight a things victory and other style is mere room. gottsacker with everything is fine, we are working, we are fighting. sometimes we're not far just to the left go step by step in

in moscow soldiers preparing for mondays parade to mark victory against nazi germany during the 2nd world war. but in the war in ukraine, preston vladimir putin doesn't have much to celebrate. the war has isolated his nation and united it slows. look here, the casanya newkirk, you sung soon. you small no punishment or sanctions can break the will of our people. of the russian leadership. i aimed at defending the historical truth with associates, the legitimate interests of the russian federation sources and preventing direct threats to our securities, being created on our borders. threats to our culture, our history good of all this is currently at stake. nothing due supposed with russian troops now preparing to take a full control of mario pole. it's not clear when or how this war will come to an end. brianca kupta on to sir. meanwhile, ukraine says it's hit

a russian warship and the black sea, which has bust into flames. if the strike on the mackerel forget is confirmed, it would be a 2nd major naval loss for russia. it's flagship moskva vessel was sank in april. that's going spokesman, john kirby cannot confirm the strike on the ship, nor would he say whether the action was the result of us intelligence. we provide them what we believe to be relevant and timely information about russian units that call them to adjust an executor. their self defense to the best of their ability, the kind of intelligence that we provide them, it's legitimate, it's lawful and it's limited. and i would also add, and this is not an important point. we are not the only sole source of intelligence and information to the ukrainians. they get intelligence from other nations as well . we don't get heads up about their day to day operations, nor, nor do we expect to mean that they're there at act to fight. at least 18 people

have died in an explosion out of 5 star hotel that was being renovated in the center. the keep and capitol havana. president miguel diaz canal says the blast at hotel saratoga was most likely caused by a gas leak. shoreline, because president has declared a state of emergency for 2nd time in 5 weeks, is, is government faces escalating process? lease use t gas and water cannon to despise students attempting to storm the parliament. the u. s. as north korea could be preparing to conduct a nuclear test as early as this month, so young recently resumed intercontinental ballistic missile tests. the 1st time since 2017. it has the headlines. news continues here. now they're up to pricing the planet. ah

ah. with fast and we have ourselves to blame to look at the problem of global warming, where water is getting scarcer. arable land shrinking is now being claimed that we're entering upon a sick, massive earth. as we know, it today will cease to exist, use new information that reveals chestertown fu ah

bought if economic and financial markets could save the planet with. we use nature because she's valuable, but we lose nature because she's free. if we invest money in protecting nature will earn very, very high financial returns. economists, bankers, investment funds, and finances are taking an interest in the environmental crisis. they say that they can protect the planet their way with money. how much is the peach 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 plumbing, a model? an insect? does this combination see metal unnatural? t financial isolation equals to rate of the

endangered species of forests. a treated like financial products can market succeed where politics of so far failed but at what risk? at what price? so blue, sometimes i described the challenge that we have as the economic invisibility of nature. what i mean by that is that most of what major provides is not transacted in markets where there's clean air or fresh water or where there's the pollination of bees for fruit trees. when did of be ever send you an invoice, billions of workers toiling away without

a break in silence and for no pay for millennia, no one recognised neither their value nor all the work they do. it took a tragedy for us to finally recognize that he cannot make value in the u. s. a large part of an actual wild be population has died off. the same thing is happening in europe. there are hundreds of people who cheap, large numbers are being used. ah, they cheap them in hives. and when a farmer wants his fields, pollinators, oh, he actually calls one of the commercial polynesian firms. now this is a right for hiring a 1000000 be used for a week to pull an actual crops. what if tomorrow they were to disappear entirely? what if we had to replace these bees with humans and therefore pay them?

the polynesian service of bees is economically invisible, but the total value of that was found to be something like $200000000000.00. that's almost 8 percent of the total agricultural output honor. we look at these little creatures differently now that we know that they are worth $200000000000.00. don't weigh. we immediately pay more attention to them. all that wealth in a bee hive. and we humans never realized it. mister johnson. yes, my mother nature here. i'm here to collect the last month's nature usage, meet your usage. okay, let me see. the sun rose and said, oh look at bed 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 cleaner module is the word. wow, that is a good question. i. oh, how much is would it be worth? you can't put a price that we can put up for. yeah, yeah, it's price. i one needs to be free, made to us before we were and learn how to protect it and that she didn't have to do something with the money. my daughters live in a, in a flat we have in, in new york. this is on 56th street, but if i bought the same flat in 58th street, i checked and the value was more than twice as much. why do you think the value between $56.50 s street for the same area? 1000 square feet is twice as much because the one that is on 50th is next to a central park. just the ability of people to see greenery is worth $1000000.00 extra. and i see you're running

a little behind on your oxygen bill. i wouldn't let that continue very long if i were you, mr. well, i'm a little short this week. so let me cash or charge you an additional discount while you this unique goodness lupita to interview don't you should she best unique is your bhaskar? gwinnett repeated it. you said, or senior will connect the revenue passcode ongoing for audio. audrey don't see them did from sharon for the t me. so kinney apartment, it no camper. ah, our economic system was created at a very different era. it was created hundreds of years ago when what was valuable, what was scarce, were capital and labor. right, 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 air, 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 el dorado of the 21st century. a new economic sector with promises of huge returns for investors. banks, finance corporations and states are attracted into it. they will know that on a dead planet. no one will do business any more. oh, very odd imaquele to it or done you bushway shopping or sale. oh, cool about google to model

remodeled real push all caught up of i to come is between is equal. she step really put her it is 60 up. it is truly spread. figure on then to just you as your me oh sure, i'm a more do the struggle that they will, that i'm actually mom dispersed on only that we will go previous, critically kept lucille scenario for it. a professional enough that's 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 price, but the more the demand and the less the supply, the higher the price, right? and effectively right now, the price we're putting on the environment and i'm natural services is 0 effectively, but that's come after change as the supply of these natural resources continues to dwindle. and the demand in the form of people continues to grow.

we applying the law of supply and demand to natural resources and species is something new until now. almost no one had ever thought of putting life itself into the economic machine. yes, i'm all you know. please don't throw shoulders each these humor as jonathan it levy then dick's thanks. john is his best. his saw him in her block heater could m y n as you do ye co. the song is daniels any lab there on your what you know kind of you need to see if you don't city. so sounds like me or then this was the time of one of the greatest geological disasters the dinosaur disappeared. and along with them 70 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 man your citizen mothers,

exceeds the most born madonna daniels, but it is to process a little similar to this herself. solomon the lucel would be more seen the scene. quinta, her ideas in letters beloved us, nor so no serious manner. roskus them. history on that would, alyssa, isn't she still economical? since the industrial revolution, the world's population has increased 6 phone water consumption, risen by a factor of 3. the amount of carbon in the atmosphere has doubled. the global temperature has increased and half the world rain forests have disappeared. our 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 2030,

will need to planets by 2052 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 scarcer, that 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 100 miles east of los angeles. as a fly, probably the most expensive fly in the world.

here, here comes i here flying right by it. that is one of them. here it is again. see that up there a century ago. there may have been on the order of around 40 square miles of, of habitat. that is essentially the distribution of the sand dune. and over the 20th century, 95 percent of the remaining habitat has been destroyed or converted over to other uses. only a small fraction of that 5 percent supports good populations of this rare insect. this dell 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 sand dunes while the so called dell high sunflower, loving fly, had the sad honor of becoming the 1st american flight on the endangered species list. to protect it in 1993, the state froze on commercial activity on its habitat. colson's growth dropped to 0 all because of a back the citizens here. you know, what jobs the citizens want. retail services, they want more businesses to be here. and right now were prevented from bringing them into town. so the fly found itself hated by the entire population. but one man's misfortune, the fly is a rare species with their 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 it into a medication bank. so our most recent sales have been $250000.00 an acre. a bank saw an opportunity here, a mitigation bank. it realized that it could make money off this uses little sam flies. it bought a part of the flies habitat. and then it did nothing, leaving the insect to live in peace while selling shasky. if a business wants to develop a project on the land where the fly lives, it will find itself blocked by the state. but by buying shares, the entrepreneur can offset his impact by investing in the insect protection unsecured, his right to develop his business. the bank has already made $20000000.00. the pre market has to find out a good balance between adequate conservation. sure 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 flies 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. there will be cheaper to people to go out and kill the flies than to mitigate joe jock. the true but true. but true. saw hole in the united states. species protection is in the hands of these new bankers, businesses, estate agents, road builders,

any one whose activity endangers animals has to pay these banks. they protect more than a 1000000 acres of land. they sell wetlands credits. cacti credits prairie dog credits. even liz, it's quite it. mm. while glance is the biggest mitigation bank of the american west or annual revenues exceed $40000000.00 a year and litigation sales way better. gay for jack, artist like 1st salmon steel had delta smell, split tail. it's once in hawk, for burrowing out for desert. tortoise elderberry longhorn beetle. tadpole shrimp. very shrub. our customers are aware of the local solutions awaken per

bought. of these customers will come and say, i'm building a shopping center. i'm affecting burnell pools. our infecting are borrowing. now, do you have something that could help me offset my requirements? so we take a look at our inventory. we provide them a quotation for a solution. and then we barter that those credits to them, i sent a non tangible transaction. we give them a relief of their liability as a certificate of good, well ah, do these banks choose to invest in and protect one species rather than another? what happens to those endangered species living in areas of the us with as nobody with as note economic development, and therefore no one to buy credits. choosing between one and dangerous bases and another nature's base,

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. we weren't profitable, we wouldn't have money to reimburse delays future projects in the laws of the market applied to endangered species. surprising, right? how can we let banks decide which species about saving and which ones not? which ones deserve to live, and which are to die on the altar of profit? ah, if you were to go on the species banking dot com, you would find probably about 700 different banks. um, and it's roughly a,

it's roughly between 2 and a half to 3 and a half for $1000000000.00 a year that are in banking this market for endangered species. it is developing today. all these mitigation banks are listed. he want to know which one protects the swenson's hawk. the tiger salamander or the desert fox. with one click, the endangered species appear. and the number of credit issued by there is this is the lobby of the bill. cedar casio mass lucrative us for low tunnel barnett in ed. my, your flu holding barithium. the interest address is busy as the blunt, as when the mallet cannot fill that as a threat. give us ballot. then it minnows from who the monsieur bottle of dental is. does banner said billy, here with me in this case, there's banner gazette, others have but i said, hi, i'm joan. i work for a company,

a big company. i company this deal was a realize it relies on nature, which is why i'm organizing a meeting, a big meeting to discuss natural capital. it's a new idea to boost business. you've heard of financial capital. so what is natural capital? natural capital is capital which nitro, creative, not us. so the climate system is natural capital. there are trees of the natural capital because they take comp knox out out of the atmosphere, produced oxygen, or bought of us g is a form of natural capital. so let's take a shoe, this one to lever come from towers to make a cow, unit, grass, and grain. not a lot of land and a lot of water. it provides the clean water that we need the healthy food that we need. nature through things like for us, 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 it surfaces to consumers without wagon in the amazon rain forests, they would be no agricultural economy in south america. a service estimated to be worth $240000000000.00. there is an area that is the ocean scar reeves that you can see cut across the entire globe all the way from micronesia, across indonesia, militia, india, madagascar, and to the west of the caribbean. these red dots, these red areas basically provide the food and livelihood for more than half a 1000000000 people. so that's almost an 8th of society and find to fellows that any level of carbon dioxide in the atmosphere above $350.00 parts per 1000000 is

too dangerous for the survival of these reefs. we are risking over time. patterns look, death has become the global glue on economy and by university developing his goal is to convince the world of the importance of these capital assets. 50, 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 loss if at the risk of turning nature into a commodity. the total loss of value every year was almost $2.00 to $4.00 trillion us dollars. that is due to $4000000.00 us dollars. that's almost the same size as the last that was offered in the financial, a meltdown in 2008, which was about 5 trillion dollars. so that gives you a sense of how big these losses are. and yet they are invisible because we're not accounting for the capitol. when it disappears, when the forest disappear, when the wetlands is closed,

we're not accounting for the losses because we're not accounting for the income. the assets are invisible, the same problem, economic, invisibility, of nature. there are certainly some people who feel uneasy about putting a price on nature a feel of some are nitrous, intrinsically invaluable, only if we got business and government as equal partners in this debate will we find the solutions and the scale to the solution that the world need a conflict between india and pakistan. prestige. 21 and one. the kashmiris i live on al jazeera, for short films and inspiration ah, personal stories of 3 young women,

challenging the world around them. al jazeera select may on al jazeera frontline reporting it in depth analysis. we bring you the latest on the ukraine war and unfolding humanitarian crisis documentary but inspire witness springs world issues into focus through compelling human stories. the philippines votes in one of ages, biggest election over 35 years since the country emerged from his father's dictatorship. could frontrunner for dinner, market junior, take the top to pull out his ear is investigative program. full blinds were tons, with a special theories on abuse in the boy scouts of america, lebanon goes to the polls, but will political change help the country find its way out of its crippling economic crisis may on al jazeera

lou. hi marleen said in doha. the un says it scrambling to rescue more people trapped in the besieged as old style font in ukraine's mario pole civilians evacuated on friday have arrived at a camp in the russian control. village of bens, the many grain says it's hit a russian warship and the black sea, which has burst into flames. if the strike on the mackerel frigate is confirmed, it would be a 2nd major naval loss for russia. its flagship moskva vessel was sunk in april. pentagon spokesman, john carby, cannot confirm the strike on the ship, nor would he say whether the action was the result of us intelligence. we provide

them what we believe to be relevant and timing information about russian units that call them to a justin executed their self defense to the bus, to their ability, the kind of intelligence that we provide them. it's legitimate, it's lawful and it's limited. and i would also add, and this is not an important point. we are not the only sole source of intelligence and information to the ukrainians. they get intelligence from other nations as well . we don't get heads up about their day to day operations, nor, nor do we expect to mean that they're, they're not active fight these 18 people have died in explosion that a 5 star hotel that was being renovated in the center, the cuban capsule. havana, president miguel diaz canal says the blast at hotels saratoga was not caused by a bomb. and a gas leak is the most likely calls. shall anchors president has declared a state of emergency for 2nd time in 5 weeks. his,

his government faces escalating protests and he sees tear gas and water cannon to despair, students attempting to storm parliament. the u. s. as north korea could be preparing to conduct a nuclear test as early as this month. believe young young will use the whom ye re on the ground site. north korea recently sapped up weapons tests and resumed the intercontinental ballistic missile launches. for the 1st time since 2017 counting so far to northern arden's election shows that the nationalist partition fain is a head projection showed. it would be the biggest party leaving behind the democratic union. as the headlines nice continues here now to their own, to pricing the planet who the laws of the market applied to endangered species. surprising, right? how can we let banks decide which species are worth saving? and which ones not?

which ones deserve to live? and which are to die on the altar of profit ah, june, the features which vanish in the tent overseas on poor g specific smoke, like a hunch, cigar distant chicken, and that you're not by the police for record on juice me pam. jacqueline am comedies. and i to not, by the very, like when and he, cont, isaac, he fully, completely, he says, you video heavy, it could a massively video. he said his ground don't hold me badly to, nodded amazon. do you this young, the sort of, he think with his to me nationally, he gets from the next year when he did good. he knew he knew veteran classic when it was will be you get them. he seemed he fully cumbersome. there are

certainly some people who feel uneasy about putting a price on like sure they feel of some are nitrous intrinsically valuable. ah, that i'm bringing the profit motive himself associated greed to bear on natural phenomenon is somehow just the wrong thing to be doing. i'm i think that's short sighted. there are many people in the world, it seems who are very short sighted, such as the thousands of protest as who demonstrated in rio during the 2012 of summit, rather than turning nature into a commodity. these opponents demanded strong policies to solve the environmental crisis in vain. ah, at 10 years ago, he ought to somebody put sustainable development on the global agenda. yet, let me be frank. our efforts have not lived up to the major of the

challenge. we are playing political poker with the future of our planet by not acting with the urgency that the situation called for more poverty, more conflict, and more environmental destruction. on one side, policy is incapable of providing a global solution. on the other growing markets, preserving some species and habitats. some people have chosen their site, the so called economic efficiency. early societies deified. what we now call natural capital. there were certain golds for rivers, gods, for oceans, god, for the song. i'm on israel recognizing the importance of different types of natural capital. ah, we don't deify things today, but we recognize they're important by putting dollar signs in front of them by making the medical capital as such that should reflect the change in our society.

capitalist image important today for decades and decades, we have been trying to save biodiversity and, and, and for us 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. um and i will, i'll challenge anybody and the environmental movement about that. so we need to find other instruments that can get us too much bigger scales to be able to address those issues. ah, the facade is discrete. it sound to a business that is growing with each passing year. the ecosystem market place is a non profit company based in washington dc, which issues environmental economic reports. ah,

and the idea was to create a bloomberg of environmental markets where you had literally all the transaction data publicly, transparently, and credibly available. because that then that stimulates markets. so we created what we call the matrix, which really lays out the 24 different kinds of market instruments. the matrix is the bible of the markets for ecosystem services. markets in by diversity horton, carbon green tourism genetic missile says the ecosystem market place invented this matrix to show the potential for growth in these new el dorado. for instance, 10 percent each year for biodiversity markets, 55 percent for carbon data. electron alyssa, gold capital no. is

a number of other the kid this he'd get. so but that in got what eleanor to dallas as he comes in could put all at the can a little here while mackie nadia butter i swiss with the lisa left. but i am, but did you of then it madigan as it is, is look on this young if the locus ah, with a, not that crazy. they just have a business oriented monica. and the belief that markets consult the environmental crisis. the idea is gaining ground slowly but surely convincing a growing number of people. but this idea didn't just come out of the blue. it's been worked on and shaped for over 50 years.

lad denise was on thanks us on cas itching this little devil. see, the, i guess you're not out yet, which and still he did was on the, on of all for like anything like any delay or politics. charlie's esparsa, it is his best or sas of the fair piper asked on omaha doggedness as shown one is thea da, louie. he voice id met hopeless and can come of more accomplish her as his elsie or john mother is this good? this is diane merely kara bell, environmental backlash. don't know how to do that tomorrow. john motta reg, ronald reagan continues to hammer away. it is major camp. he's lobbyists found as pugs person in ronald reagan. he's available 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, regan's tour of the decaying hearts and furniture was a symbolic effort to remind voters that tough times arrived here while jimmy carter

was president, it was closed on for 2 reasons dumping and the big portion cost arm m for mary middle protection to meet their mandates. victor could not be avoided. there was no way to do it. yasu again and he then is on rush. he's i met on plus infinity, do hagar, he strongly, i good as charged on motto, leshaw, sir, ellen environmental protection agency, over ross on january or dissolve on st. paul saw he lacorte like she wants to push keisha on. logan easy like garza or eva, a super clear how you let your choice with as your 1st chair. you, her leg with draw layer ideally really put is john layer environmental regulations are cut back or made more flexible. and this opens the

door to the creation of market instrument, supposed to save nature. when george bush takes office, he continues the deregulation policy. one of the 1st testing grounds is the wetlands vast ancient swamps, vital for biodiversity. businesses would really like to use these areas where nature has been left alone. so bush invents no net loss of wetlands, no net loss of wetlands. with this new law, the president puts in place the structure that would underpin 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 calls yeah, bus y'all. demila sockets are all li pontiac, balk a wu ya city,

that deter tree. this best avoid clears on plus or tour or the city unitless. what we're seeing that's exciting is that it's starting to get uptake and other places. china, brazil, mexico, peru were starting to see some real interest in these kinds of an instrument for compensation around by diversity loss. oh, this jungle in borneo is, was some $34000000.00. the state conceited 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 funds and insurance companies. yes, there's not very much of that force left in sabah and it's not very much left in good condition. it may be only about $80000.00. hector is a good lowland to pick up for a psycho primary forest that hasn't been launched. so that's what makes protecting the lowland forest very important. and that's where the, the main iconic space is actually live in logan forest. it's where the fruiting trays are, you know, so that's where the rang a tangs are the elephant. mo, by is a 34002 forces of in malaysian bornea. and what's unique about this particular project is that seeks to take a commercial approach,

robin or charitable approach to, to conservation in some trying to monetize the ecological value in the forest. only who is the 3rd largest island in the world. it's forest is almost 150000000 years old. and a century ago, it covered the entire island. to day 2 thirds of it have vanished because of locking and pommel 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 orang tangs will have disappeared by the end of the decade, just like the pick me elephant and other species. if morrow has come over eco to go to emergency valley instead of wing worth nothing and those bantering and are i

ain't on being worth absolutely nothing, no valley than the pommel company next door 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 pommel producers and any other food processing companies around the world that use the oil in their products. will forcing those who destroy primary forests to pay for this destruction, save the great apes. and those as it is in a low, he go, we'd better better put good kid that he'd good unit bladder for the comparables, bonus he that really led to relish lucille. disregard of the beauty. but he did some better meals, but i can't, i mean, and some bellamy had. but at this drill and that were a lesson for his wisdom, mccannen was better basil imbedded publicity battle. and until eliza,

he nida except them in the local variable. good in community. narrow latino bremar comb prices. so if he called you couldn't in who's to figure sadistic similar to this me. ah, my bank sky is not yet profitable. but the heavy weights of the market believe in the future. in 2013, hsbc was the 1st bank to publish a report on natural capital. these environmental markets, originally seen of nations, are looking at more promising natural capital issues of fundamentals to how we will live in the future. we may see population migration species, migration. we may see huge changes in the way people live, invest as

a thinking more about natural capital because they realize that it can offer a constraint and an opportunity. they want to think about how the investments will generate long term find you for the stakeholders. and that means thinking about how the supply of natural capital may change, how disruption might occur in relation to natural capital resources. ah, the next wave 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 inches and bank of america,

all of these major banks. there the institutions that invest in the businesses that are doing the projects that are having an effect on bio diversity, positive or negative. so they're, they're a very important piece of, or of our coalition. so that is who is behind the ecosystem market place, 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, but we're also very actively involved in the trading that lead

to the last large financial crisis. banks of course, don't do that because they have at the heart, ah, protection of nature. they do that because to see a business unless they want to become the ones who provide the trading platforms. bank of america, merrill lynch was find a reco. $17000000000.00 by the american government on charge is linked to the surprise mortgage crisis. j. p. morgan chase, the largest bank in the usa, had to pay a $13000000000.00 fine for the same chart if city group saved from bankruptcy by the same government, paid hundreds of millions of dollars to escape legal proceedings. i disaffected

clients we can even find companies set up my former employees of goldman sachs, the same bank that made billions and 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 nitro protection agencies in the u. s. his remarks are somewhat surprising on play. the nature conservancy has almost 1000000 members and protects millions of acres of

land. i marine areas around the world. but is this nicety or strategy? i had a really fortunate experience when i worked at goldman sachs. um, i had been a mainstream investment banker for more than 20 years. and then my final position before, during the nature conservancy was leading an environmental effort for the firm. having a c e o that has all of his experience coming from the world of banking. and corporate banking in particular, how will continue to look for either solutions to the crisis where those solutions don't hurt. the very sector that has made his career i'm a banker. i understand the difference between prices and values. i also understand

that nature has huge value, which we are simply not learned how to appreciate how vansoluce death is the global reference in this sector. the man with the most influence, he made his career at deutscher 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 that ecological reaches and make companies more responsible. can a banker change his own nature to economics as near leper the direction richer? 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, or despite slaughter thinks which we are doing. who are the facts that still only

17 percent off our habits and species are in good environmental status. and only 11 percent of ecosystems are in such kind of status. i think it's nothing to hide, obviously failed. it's the dark side of development corporations that ensure our comfortable lives and causing damages. we'd rather ignore oil, chemical and steel industries. areas where the air is choked with carbon dioxide. sulfur dioxide, benzine, my 2 carbons, metals, europe, urbanized, it industrialized. in these areas the people are ill and biodiversity is dying out. when you are financed by diversity, you can logically look to do public funds. but at 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 it is most important that you use also private funding . and so that's why this innovative financing mechanisms logic started to emerge. freshly. it was a g. i'm from clinical c d. hey, could not, you're not a good torture. it could be put in. did you could as ye can kupta don't? isn't that under the secret or he can of that on the needle. he couldn't oh, next his credit he could have gotten taken him into make on plus these words. because obviously the content could be able to share your like with you yesterday, welcoming a complaint and a booking duke and a need to put his act up here in brussels, where the lobbies kept telephone. your opinion,

you have between 15050000 lobbies and that most of them work for corporations. we want to have this partnership with the business sector. because without the partnership, we have are practically nobody chance to succeed. now, in 2 decades, multinational corporations, a fashioned and effective lobby group, i think we're slowly, but certainly moving to a states 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 footprints? and i say that's exactly why we should work with them lesson as young as we need us in this is empty, the sustain going be lithium though. a lot roman thought is dealing, but as young pre valid in his planet is to emerge in contra is several k, a who lament element, the system that has a young in and medical,

the lattice eunice we need to. so are the un business corporations, bankers, and politicians all in back together. is there an international plot against nature? and what if this alliance was the only means of saving the planet? no. we with missing around the was this whole re money which is only looking at how to make the next profit, devastating economies, devastating ecosystem. putting a price on the protection of nature. green economy of sound good. but it was all about privatization of nature. and should our environment be for sale? what we're trying to do is just re people to stabilize the climate, or giving them a financial incentive to do the pricing the planet on al jazeera.

ah ah ah ah ah ah, you're turned into your weather story for the americas, everyone. great to see you. so there is a flood alert in play for the d. c. areas we get some of this soaking rain, but the bulk of that activity will eventually push out toward the atlantic nice across the lower great lakes. toronto has a high 15 degrees and look at this southerly push of air that's going to pop up the temperature in minneapolis in winnipeg to 21 degrees off to the west. we go. we've got some rain around here for b, c's, lower mainland into the pacific northwest, also some soaking, rains for southern saskatchewan. and we've got to talk about the snow wet snow for

northern portions of the canadian province of alberta across the us state of new mexico. virtually all of the state under a high fire danger, not helping the situation is we're going to see those winds pick up over the course of the weekend. also some rain in the forecast for north carolina. so raleigh's got a high of $23.00 degrees and off to central america. we go some showers over his spaniel le, that eastern side of cuba through jamaica. really in this stone and take to get us some showers for you with the highest 28 degrees top and bottom end of south america. we've got some rain falling here, pretty constant fee for that north coast to brazil. and look at this pleasant weather across the river plate region, but a lot of rain for southern chile and our jan tina on saturday. ah, the mainstream coverage of big stories can sometimes deliver more heat than lights in any waters scenario. there's always a push to simplify. narrative nuance is always called for,

even in the case of an aggressive war. the listening post, delve into the news, narrative, and dissect them. there is not our great deal of subtlety we're talking about. the barber aiken is unfolding as though we're somehow unique. it's not unique covering the way the news is covered on al jazeera. how social of social media platforms, if many young uses feel isolated, anxious, and depressed. currently, there is a grand national experiment that is taking place upon our kids. why a tech companies not sufficiently regulated. they don't want people to know what's happening on their platform. and when will society catch up? 10 people that i knew in high school that by suicide, full lines, investigate a toxic feed, social media and teen mental health. on al jazeera ah al jazeera. when ever you

oh, a race against time to rescue civilians trapped in a steel plants and not a pole. the last hold out of ukrainian soldiers in the city. ah, i'm on the inside. this is out. is there a lie from day or so coming up? the u. s. believes that north korea is preparing to conduct a nuclear test as early as this month, but that toll in a havana hotel explosion like 18 the governor.