individuality, the freedom, the spirit of the young pers studio be unscripted on al jazeera. we understand the differences and similarities of culture across the world center level handler take. it will bring you the news and current affairs that matter to you or not by the senate. doha, the top stories on al jazeera hong kong. as confirmed it's new leader. after nearly $1500.00 members of the election committee all vetted by beijing cost, their votes on sunday. if john lee was the only candidate in the race to succeed, carrie lamb is alive. pictures of from hong kong, where john b is speaking. he was the head of security during the 2019 pro democracy protests. adrian brown has more from hong kong. absolutely. at this result was never in doubt . john lee was the sole candidate in this election. he secured 1416 votes.

98 percent turn out. john lee has been speaking during the past few minutes. he says this is a joyful ho a day for hong kong. he says it is the red cross international smile day, which was another reason to be happy as to what sort of chief executive he'll make . well, the coming weeks and months will tell, but john lee is certainly a man who has the backing the support of beijing. otherwise he wouldn't be in that position. now. as for the people of hong kong, well of course, this was supposed to be one of those occasions where they chose their chief executive. it was supposed to happen in 2017. it hasn't happened now. it didn't happen then. and i guess the question is whether this model is the way that you know, future hong kong leaders are going to be chosen. john lee, as i say, is a man who is not just the former security chief here. he was also a courier policeman. he was in the force for more than 40 years, so he is a man that knows the security situation here in hong kong. inside out, he played

a very decisive role in suppressing the pro democracy protests in 2019. he sanctioned the use of tear gas. he sanctioned the use of rubber bullets your so sanctioned. on occasion, the use of live rounds to disperse crowds. i think beijing likes his very sort of tough guy image outside. there are thousands of police on duty. that is the reflection, i think of the kind of redistribution of power that is going on in hong kong. this was hong kong government, essentially saying to beijing, look, we have everything under control. now we take this very seriously. it cranes accused russia of bombing, a school in the eastern region of landscape happened and the village of bella, golf car, the governor of landscape, says about 90 people have been hiding in the building. at least 30 people have been rescued so far. it rains. government says all civilians have been evacuated from the steel plant in the southern city of mario, paul. hundreds of women, children,

and elderly people have been chopped inside from monsters. russia intensified its attacks. the director, the u. s. intelligence agency, the c i a's says he's convinced vladimir putin is doubling down on the warden. ukraine. william barnes says, despite the resistance from ukrainian forces, the russian president is not willing to lose. i think he's in a frame of mind in which he doesn't believe he can afford to lose. so the stakes are quite high in this phase, and in, in the east of ukraine. as you know, ukraine's military with support, you know, from the west continues to resist. but i, i don't think this means that, you know, putin is, is deterred at this point because he staked so much on the choice that he made to launch this invasion that i think he's convinced right now, the doubling down still will enable him to make progress tell about leaders in

again a certain have ordered a woman to cover their entire body while in public may say, if a woman refuses to do so, she or her family could be sent to prison or far from government jobs. the un secretary general says he's alarmed by the decision rescuers in cuba continued to search a luxury hotel for bodies after an explosion in the capital, havana and friday, at least $26.00 people, including a child were killed in the blast. it's believed to be caused by a gas leak. shouldn't fain, has become the largest political party in northern ireland for the 1st time. should fame was once the political arm of the irish republican army, which spent decades fighting against british rule. he had opinion envoys going to visit iran on tuesday as block seeks to save the 2015 nuclear record talks to revive the deal. i've been on hold since march coming up next on alta 0. it's pricing the planet good by ah

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

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 is 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, we're how much for the forest that you love to walk in so much?

what is the value of a plumbing, a mammal and insect? does this combination see metal unnatural? t financial isolation equals to rape of the endangered species of forests are treated like financial products can market succeed where politics of so far failed. but at what risk? at what price lou, 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, whether it'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 economic value and the u. s. a large part of an actual wild be population has died off and something is happening in europe. there are hundreds of people who cheap, large numbers are being used. ah, they keep 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 being used for a week are 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 on a 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 beehive. and we humans never realized it. mister johnson? yes. hi, 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, it bet. every day. it 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 the park. cleaner module is the work. wow, that is a good question. um and how much is, would it be worth? you can't put a price that we can put up for. yeah, yeah, it's price like i one needs to be free made to people we were and this should learn how to protect it. and that shouldn't have to do something with 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 58 street, i checked and the value was more than twice as much. why do you think the value between 561050 street for the same area? 1000 square feet is twice as much because the one that is on 50th is next to

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 will that be cash or charge? yeah, she does. she will discount while to do this unique kinessa lupita to interview. don't you? sure she best unique is your postscript. gwinnett repeated it, you said, or senior quinette did avenue passcode ongoing for. audrey, audrey don't teach them to kids from should for all righty me. so kinda back wanted no compa. ah, 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. 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 the dead planet, no one will do business any more about

it or do medical treat. ordonia, persuade shapiro sale or kill approach google to model remodeled real push all caught up about to come is did treat is equal. she said, we only put here it is x t up, it is truly spread. figure on then to just show us your me do. oh sure, i'm a more do the struggle that they will, that i'm actually mom, the space only only did we book of leviticus click up lucille. she nearly opened it up 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 with plying the laura supply and demand to natural resources in 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 you more as jonathan it levy then dick's thanks. john is his best. his saw him in hope. your kid could m o e n as you do ye co. the song is the only other lab there in your work, you know, kind of beauty authentic or severe old city or 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, though citizen manners exist the most, bowden regions. daniel's bill is to process lift similar to release assailable solomon the lucel would be more see in the scene. quinta, or i guess in retros, palarez nor san or citizens manor rosco. spend history on that would alyssa is on 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 are 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. there's 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 del 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 buck the citizens here. you know, what jobs the citizens, what 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 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 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 these 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 there 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

free 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 junk jock. the true but true, but true. saw whole

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. mm hm. they sell wet plans, credit, cacti, credits, prairie dog credits. even liz, it's quite it. mm. mm. wild lance is the biggest mitigation bank of the american west, or annual revenues exceed $40000000.00 a year and litigation sales. way better gay for jagger's like 1st salmon steel had delta smell. sweat tail. it's once in hawk,

for burrowing out. for desert tortoise. elderberry long, hard beetle, tadpole shrimp, very shrub. our customers are aware of the local solutions or we can provide. these customers will come and say i'm building a shopping center alarm affecting burnell pools are infecting, are burrowing. 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 our solution. and then we borrow that those credits to them as an a non tangible transaction. we give them a relief of their liability as a certificate of good, well ah, 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

a note economic development, and therefore, no one to buy credits. choosing between one and dangerous bases and another nature space, it all depends on market demand. buying landscapes protecting landscapes accumulating though 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 wanted 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 of worth 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 credits issued above it is this is the lobby of the better 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 malice cannot filter as a threat. give us ballot, then it minnows from who the monsieur bottle of dental is. does one i

said previously here, this means ruskie says banner gazette, or somebody 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 a financial capital. so what is natural capital? natural capital is capital, which nitro created not us. so the climate system is natural capital. there are trees with a natural capital because they take count knox not out of the atmosphere produced oxygen. a bond of hosting 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,

that 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, there 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 as you can see, quick cut across the entire globe all the way from micronesia, across into the seo 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 1000000 people. so that's almost an 8th of society and find to tell us 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 biodiversity 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 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 a price on nature a feel of some are nitrous, intrinsically invaluable, only if we get business and governments as equal partners in this debate will we find the solutions and the scale to the solution that the world need trust in authority is up in all time low you want for hench hated for distress. this is an awful about what the truth actually is. al jazeera investigative unit pulls back the curtain and reveals how fear suspicion and conspiracy theories have become the tools of the powerful were in

a dangerous territory. and that dangerous territory runs deep. what happens now that we literally diverge, that may well be how democracy dies. the truth illusion coming soon on a, just the euro, ah, a, with seen as a burden. countless babies are aborted in india simply for being girls. but amidst these resistance, even from her own patience, a fearless midwife has adopted the course of challenging,

deeply ingrained traditions. and terminating this modern day beat aside, the daughter, 3, witness on algebra. lou o. m roberson, and doha, the top stories on al jazeera john lee has been confirmed as hong kong new leader. he was the only candidate in the race to succeed carry. lamb lee was the head of security during the 2019 pro democracy protests. it was chosen by an election committee of 1500 people, all of whom were vetted by beijing. adrian brown has more from hong kong. this result was never in doubt. john lee was a sole candidate in this election. he secured $1416.00 votes, 98 percent,

turn out as he says, this is a joyful ho a day for hong kong. he says it is the red cross international smile day, which was another reason to be happy as to what sort of chief executive he'll make . well, the coming weeks and months will tell, but john lee is certainly a man who has the backing the support of beijing. otherwise he wouldn't be in that position. now, ukraine has accused russia of bombing a school in the eastern region of law. hans that happened in the village of bella garage got of the governor of landscape says about 90. people have been hiding in the building. it rains. government says all civilians have been evacuated from the steel plant and the southern city of mario, paul, hundreds of women, children, and elderly people have been trapped inside from months as russia intensified its attacks. the director of u. s. intelligence agency, the c i a's says he's convinced vladimir putin is doubling down on the war in ukraine, william by and says, despite the resistance from ukrainian forces,

the russian president is not willing to lose that about leaders in afghanistan have ordered women to cover their entire body while in public, the new rules will result in punishment for those who refuse to comply. the when secretary general says he's alarmed by the decision. rescuers in cuba continued his search a luxury hotel for bodies after an explosion in the capital. havana on friday, at least $26.00 people, including a child were killed in the blast. it's believed have been caused by a gas leak. should fain has become the largest political party in northern ireland for the 1st time. is liter calls the when a defining moment, sion fame was once the political arm of the irish republican army, which spent decades fighting against british rule. it was the headlines. these continues, he had allowed, is either after pricing the planets bye for now. counter feet flew cheap and sometimes dangerous copies of the real thing have been found

all over the world. i mean, even the most expensive premium products. it's the secretive and deadly multi $1000000000.00 business. we found one problem, but about one 3rd horse danay and us, which was just an incredible finding. during raids on one of the most notorious mafia gangs in calabria, italian police found consignments of fake olive oil made from industrial lubricants that were being exported to the united states. the main thing that we do when we carry out criminal investigations is to reconstruct the money flow and the flow of goods and connect pieces together. it office frauds does profits that are easy to make and hard to ignore. perhaps it means that all of us should be a little more vigilant about what we put on our plates

in 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, janette janette, i teach teach to which branch they tend to possess on plenty, especially she come up like a hunch signal this session and that you'll not pay to political record on deuce, nick, bam. jacqueline committee and i to not by that very likely, any content sick. he, for example, he did, he says you delete it grammatically video. he said his ground don't on me badly to nodded and mashonda this you on the set of easy christine national digit lynette.

you indic, ukraine, vento and classic on a tuesday will be you give them his him and he for recovery. there are certainly some people who feel uneasy about putting a price on nature. they feel of some are nitrous, intrinsically and valuable. ah, that i am bringing the profit motive himself associated greed to bear on natural phenomenon is somehow just the wrong thing to be doing. um i think a short sighted there are many people in the world. it seems who are very short sighted, such as the thousands of protesters who demonstrated emilio during the 2012 of summit, rather than turning nature into a commodity. these opponents demanded strong policies to solve the environmental crisis in vain.

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. booley societies deified. what we now call natural capital. there were certain a golds for rivers, gold, for oceans gold for the sun. i'm on israel recognizing the importance of different types of natural capital. i'm. we don't deify things to day,

but we recognize their importance by putting dollar signs in front of them by making the medical capital assets not 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 in 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, and i will, i'll challenge anybody in the environmental movement about that. so we need to find other instruments that can get us too much bigger scales to be able address those issues. ah, the facade is discrete. it's home to a business that is growing with each passing year. the ecosystem market place is a non profit company based in washington

d. c. 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 in the matrix. is the bible of the markets. the 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, and that would alyssa gold capital. no. is a number of either, but a kiddo, this is gay, sylvester up in corporate elena trellis as he comes in. good. well, i think in a low here while mackie nadia bother us with with the lease i left but i am but did you then it mother as it is is lucas on this young ether. lucas ah, with a not that crazy. they just have a business oriented my. i'm 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

being worked on and shaped for over 50 years. law decisions were some thanks us on cas itching this little devil say they like restaurant young auto. yet touching 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 pepper assa, on omaha, a dog in his as shown. one is 3 and duly, he always said med, hopeless, and can come of more accomplish her as his elsie or john mother is this good? this is diane merely kara, bella environmental backlash. don't know how to do that tomorrow. john motta, ronald reagan continues to hammer away at his major camp. he's lobbyists, found his pigs person in ronald reagan. he's available during his campaign. the republican candidate accused president carter of stifling growth with his environmental laws about the visitor factory with thousands of people who just been

laid off, according to him because of the e. p a. the environmental protection agency reagan'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 forcing cost on them for our middle protection to meet their mandates. victor could not be afforded. there was no way to do it. yasu again, he then isn't wrong, either meds or plus infinity. do i go, i strongly, i good as charged on motto, leshaw, a land of our mental prediction agency, the ross on january a dissolve. on st. paul saw he lacorte like swan supposed, he shouted on, logan u. z, like garza or eva, a suki. ultimately, a regulation shirley with a show for his chair,

you her lead with draw layer. ideally, you put is shown layer 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 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 saw get her all li pontiac, balk. a wu ya city, that deter tree. this bess avoid. connie is on plus or to the city. june unitless but we're seeing this 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 is not very much of that forest left in saba and is not very much left in good condition. it may be only about 80000 hector's of good lowland to pick up forest. i call primary forests 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 rankings are. the elephant mo,

bye bank is a 34002 forces of in malaysian bonia. and what's unique about this particular project is that it seeks to take a commercial approach rather charitable approach to, to conservation is trying to monetize the ecological value in the forest. only, whoa 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, a tangs will have disappeared by the end of the decade. just like to pick me

elephant and other species. if mel a house i convert that e, caldwell to mercy valley instead of wing worth nothing. and those bantering and or i ain't and being worth absolutely having no valley. then 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 does it. it is in a low he go, we'd better, better put good killer that he can get the unit bladder for the comparables, bonus, either 3 la trellis lucille, disregard of the beauty,

but he then some better meals, but i can't, i mean n some been a mean help but at this drill analysis for his wisdom began in was better, better so imbedded publicity battle. and until eliza, he made a accept them into local variable. could it could unity narrow latino bremar comb, priceless. so if you gold, yukon is who's the figure pseudo consumer letter throw this me? ah, a 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 market origin, the theme of nation, are looking at the more promising natural capital issues

of fundamentals, 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 value 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 lynch's, 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 are 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, 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. i do that because to see a business in this they want to become the ones who provide the trading platforms. bank of america merrill lynch was find a rec, old $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 is city 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 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 nature

protection agencies in the us. his remarks are somewhat surprising on the nature conservancy has almost $1000000.00 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. i had did a mainstream investment banker for more than 20 years. and then my final position before i joined the nature conservancy, was leading an environmental effort for the firm having a ceo that have all of his experience coming from the world of banking and corporate banking. in particular, we'll continue to look for the 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 learn how to appreciate. have answered the death is the global reference in this sector. the man with the most influence, he made his 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 their ecological riches and make companies more responsible. can a banker change his own nature to economics as near repertory the direction richer short as an ethical choice? i have made that ethical choice to shoot in the right direction using the same weapons them 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 her. her defects are that still only 17 percent off our habitats 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 financed by diversity, you can logically look to the 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 of the public funds. so it is most important that you use also private funding. and so that's why this university financing mechanisms logic started to emerge long, freshly. it was a g m, from friend, cuz he did, he could not, you're not a good torture. it could be put in. did you click on hub data? dog isn't there under the secretary? he's not bad on the needle. he couldn't. oh, executors, he could have gotten taken him. it is heater may compress misery because obviously the content could be able to share your like was he yesterday welcoming a complaint and a booking duke and

a need to put his exactly in brussels where they lobbies, capital of their 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 of, we have a practically no real 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 big environmental footprints? and i said, that's exactly why we should work with them letting us units we need us in this is

andy the sustained going be lithium, though? a lot roman thought as billing, but it's young pretty valid in her planet is to emerge in gone through the is several k, a who lament element, the system that has a young in and medical the let us eunice, when he lou. so all 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? ah, when so the big story across the middle east? hello everyone. great to see you. so we got some sand and dust being spun up around here on take you in for a closer look right now around the gulf states. and really this is this sar shamal

way and am for doll has specifically i think we'll see those winds wind up so about 60 kilometers per hour. so yep, that's enough to stir around the sand and dust and impact the visibility there, we do have a lot of activity around the caspian sea. so for western areas may see some showers sneak into bach, who southern sections may see some showers, a leak into tate on with the hive. 26 degrees and still that heat for pakistan. jacob bad getting up to 46 degrees for turkey. its eastern areas where we have disturbed weather and that is starting to make its way into the caucasus tbilisi 15 . you know, we have seen some flooding for the northeast of the democratic republic of congo, right into uganda as still more rain falling here on sunday. hundreds of homes have been destroyed in this area on this weather report right now in south africa. we see some of these showers in what weather is start to leak into quasi luna tall as swat teeny and southern sections of mozambique. so showers to be expected in mar,

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streaming light on night duty channels. plus thousands of off programs. award winning documentaries and death news reports. subscribe to youtube dot com, forward slash al jazeera english. ah . a new probe, aging leader is chosen for hong kong. john lee is a former security chief who led the crack down on the 2019 anti government purchase . ah, i'm glad this is out there a life and also coming up a russian bombing of a school in easton, ukraine kills 2 people. the local governess has dozens under the rubble of fear, that the stakes are quite high in this phase. and.