the wanting change and new leadership, but will there vote to be enough to change the status quo special coverage on elsewhere theater. we understand the differences in the ninety's of culture across the world. so no matter what, when use in current for that matter to you a hello, i'm emily anglin, in now doha headquarters. these are the top stories on al jazeera, the straits around. this shall anchors capital a. com, following a night of unrest. more police have been deployed in colombo, at least 7 people were killed after a nationwide curfew was ignored by many overnight. the violence on monday prompted prime minister may hinder roger puts to resign. now fernandez has more as things intensified late into the night yesterday. the authority is decided to extend that island wide curfew into the early hours of wednesday morning. but as you can see

around me may be over my shoulder. i mean, the one thing that's as large as life is a smouldering bus, and there are many of those dotting colombo, basically remnants of what protesters had set on the buses that brought all of these ma, him, the roger boxes, supporters for that meeting, that the prime minister had the election commission in the philippines says he will order the results of $700.00 voting precincts. that's after protest is levelled allegations of election fraud. fernando marcus junior and ferdinand michaels junior . rather, the son of a controversial former president has emerged as the presumptive winner florence louis reports. from manila. protesters gather outside the election commission building to protest against what they say are voting irregularities. some people were unable to vote after at least a $1800.00 vote counting machines malfunctioned during national elections on monday,

less than 2 percent of the total number of machines i use in the home. and we are here because we have seen how sloppy the election commission to work is they had to be used to prepare for this election, but they are competent. they took away that i thought filipinos the board for what they want. the protesters were soon pushed back by police with water cannon and swat teams on stand by. the heavy pushback has long been the hallmark of the outgoing administration incumbent president, rodrigo to 30 had little tolerance for descent or criticism. i know ferdinand marco's junior, whose late father ruled the country for 2 decades and was often described as a dictator, is on cause to win a landslide victory. and with to turn days, daughter sara set to become the vice president. many are concerned, their civil liberties may shrink further. analysts say the return to power of the

marcus family is the result of decades of rebranding. boosted in recent years through social media campaigns, often with misleading information. studies have shown that the mark was campaign in margaret's family, has usually invested in this machinery. and i think if they're going to be the next administration that this is going to be a lean and mean propaganda spewing machine. ah, he says, the strategy may not only help the wind power, but keep it. oh, for marcos is supporters gathered outside his campaign headquarters the day after the polls. those concerns were far from their minds as their candidate heads for victory with an unassailable margin. florence lee al jazeera manila. the mayor of marian poll says at least $100.00 civilian men are still trapped in a steel plant besieged by russian forces. the un has been coordinating evacuations

. ukrainian officials said of the weekend that all women, children and the elderly had been rescued. conservative unit. so y'all has it been sworn in and south korea's new president, ward leaders and former presidents were among thousands attending the inauguration in. so you, one is calling for the complete de nuclear i. zation of north korea. spyware has been found on the phone of a 3rd government minister in spain. the interior ministers device was hacked, using the same software found on the farms of the prime minister and defense minister last week. and britain's queen elizabeth has missed the staid opening of parliament for the 1st time in nearly 60 years. the 96 year old is having mobility problems and was advised by her doctors not to travel to the ceremony in london. those are the headlines i'm emily ang, when the news continues after pricing the planet. ah

aah! with his heating of fast and we have ourselves to blame that look at the problem of global warming where water is getting scarcer and 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 ah

bolt 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, why? how much for the forest that you love to walk in so much?

what is the value of planning a manual? an insect? does this combination see? metal unnatural? t, financial isolation was to reach the awe 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 lou, 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 where there is 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 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 an actual wild be population has died off. the same thing is happening in europe. there are hundreds of people who cheap, large numbers would be used. ah, they cheap them in hives, and when a farmer wants his feels, pollinators, ah, he actually calls one of the commercial polynesian firms. now this is a right for hiring a 1000000 being used for a week to pull a nitro 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 we'll get 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 like i $1.00 they took to be free made to us before we were and learn how to protect it and that 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 561050 a 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 just charge you an additional discount while to do this unique kinessa lupita to interview don't you should she best unique is your postscript. gwinnett repeated that you said or senior will connect the revenue, passcode on going for. audrey audrey, don't teach them, did kid from, should follow that to me. so kinda faculty, no cooper. 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. although

he or jamaica alter it or done, you persuade shopping or sale or kill about the global to model you mailed real push all caught up of i to come is between is equal . she said we li, pulmonary to 60 up. it is truly spread, figure on then to just you as your me go. oh, sure, i'm a more do the struggle that they will, that i'm actually mom disperse only which we will go previous, critically kept lucila 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. with 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 am all in all places and 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, could the song is daniels any lab there on your what you kind of you need to see if you don't 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 your citizen mothers, exceeds the most born madonna. daniel's bill is to process, we'll talk soon. helena, to relieve herself solomon the lucel would be more seeing the scene quicker. 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 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 it comes right 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 old 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 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 where 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 there will find itself blocked by the state. but by buying shares, the entrepreneur can offset his impact by investing in the insect protection and secures 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 joe 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. 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. 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 for both. of 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 will 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. will 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

as 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 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 wanted to reimburse delays future projects in the laws of the market applied to endangered species. surprising might, 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 to endangered species is developing today, all these medication 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 fishes, the lobby of the better cedar casio must 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 fill us directly with ballot. then it minnows from who the monsieur bottle of dental is. thus one. i said,

we will hear this means ruskie says banner gazette, a little, but i said, hi, i'm joan. i work for a company, a big company. i company this still doesn't 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 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 reagan 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, the scar reefs, as you can see, quick 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 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, grew 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 losses 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 suffered 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 are 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 got business and government as equal partners in this debate will we find the solutions and the scale to the solution that the world again, culture dominates america's underworld, but has it permeated lori enforcement itself? they want exactly what every gang member once the power and control both lines investigates allegations of organized gangs within the los angeles cherished department. taking the law into their own hands. a failure at every level from

every r of los angeles county government shadow system. a lay secretive sheriff gangs on al jazeera drop in authority is up and all time low. you want that bra hench hateful distrust. 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 2 of the powerful were in a dangerous territory and that dangerous territory by this date. what happens now that we literally diverge, that may well be how democracy does the truth illusion? are just cedar with ah

ah ah. hello, i'm emily anglin, in anto headquarters. these are the top stories on al jazeera, the streets surround shrill anchors capital on. com following a night of unrest. more police have been deployed in colombo though. at least 7 people were killed after a nation wide curfew was ignored by many overnight. the violence prompted prime minister may hinder roger puck said to resign. anal fernandez, has more. as things intensified lead into the light yesterday, the authority is decided to extend that island wide curfew into the early hours of

wednesday morning. but as you can see around me may be over my shoulder. i mean, the one thing that's as large as life is a smouldering bus, and there are many of those dotting colombo, basically remnants of water protesters had set on the buses that brought all of these my, him, the roger boxes, supporters for that meeting, that the prime minister had the election commission in the philippines says it will order the results of $700.00 of voting precincts. that's after protest is leveled allegations of election fraud. unofficial results from mondays voting suggest to ferdinand marco's junior will win 36 years after his father was overthrown. the mayor of mary poll says at least $100.00 civilian men are still trapped in the steel plant besieged by russian forces. the un has been coordinating evacuations. ukrainian officials said at the weekend that all women, children, and elderly had been rescued. gunmen have killed at least 70 people in separate

attacks in democratic republic of congo. most of the victims were women and children fling armed groups attacking their home villages in a cheery province. it's one of 2 regions where a state of emergency was extended last week. the government in zimbabwe has ordered banks to stop lending money to try and stop currency the valuation. the president blames banks for excessive loans and for fueling the inflation range of 66 percent . and you tax on all foreign currencies. transactions is also being imposed. and at britons, queen elizabeth has missed the stage opening of parliament for the 1st time in nearly 60 years. the 96 showed is having mobility problems and was advised by her doctors not to travel to the ceremony in london. those are the headlines. i'm emily anglin. the niece continues here on al jazeera, after pricing the planet stay with us. ah,

ah, 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

juna feature, which they tend to possess home progeny. specific more quick hunch seat of this century. and that you're not by to police record on do you snippet. jacqueline an e commerce and i do not bad very likely any content sick. he fully completely, he says you video he really it grammatically rid of it. says is continental g valley to non to lam mashonda. this young the set of easy christine national. he gets from the next year when he did good ukraine, vento and classic, when a tutor will be year, get them. he seemed a key for recovery. there are certainly some people who feel uneasy about putting a price on nature. they feel of some are nitrous, intrinsically invaluable. 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. ah,

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 having later 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 leave it 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 goals for rivers, goals for oceans, god for the song, amante's role recognizing the importance of different types of natural capital. i'm . we don't deify things today, but we recognize the 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 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 felt 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 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.

the matrix is the bible of the markets. the ecosystem services markets in by a diversity or 10 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, common capital. no, isn't about that. but a kiddo, this is kay 7th up in corporate elena trellis as he comes in. good. what i like to can a little here while mackie nadia father as liz would be lisa left. but i am, but did you of than it mother living as is lucas 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 being worked on and shaped for over 50 years. lad denise was on thanks us on cas itching this little devil say. they're like restaurant young auto, yet which and still he did was on the, on of all for like anything like any to layla politics. charlie's esparsa, it is his best or sas of the fat paper. i sat on omaha doggedness as shown. one is

3, and you, louie, he always did met, hopeless and can come of more. i can coffer 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 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 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 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 roche, either meds or plus infinity. do i go hey, strongly i good as charge on motto, leshaw allen, vermont a prediction agency over ross on january a 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 lead shall surely with that your for his chair, you her leg with draw layer ideally reproduced john lael. 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 sockets are all li pontiac, walk a wu. ya city. that be tough. she this bess avoid. connie is on plus or to the city junior nicholas, but we're seeing that 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 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 freezing trays are. you know, so that's where the rankings are. the elephant mo, by is a 34002 forces 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 in some trying to monetize the ecological value in the forest. omeo 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 temptations 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 ma house i convert the eco to go to emergency valley, instead of wing worth nothing. and those bantering and or i attending with 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. thus it, it is in a low, he got me better, better, but good kid that he can get unit bladder for the compressor was born. he this real electrolyte. lucille, did she go? the beauty between some better meals, but i can't, i mean n some bellamy has, but this drill and the toilet for his wisdom. mccannen was better. basil imbedded bristle berlin until eliza zenaida. except i'm into look on valuable. good. it gets unity nettle looking bremar. comb prices, so if you go economy, who's the figure? so they took similar literally. lu

miller bank ski can on that metal is not yet profitable. but the heavy weights at 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 as niches are looking at, are more promising natural capital issues of fundamental to how we will live in the future. we may see population migration species, migration. we may see a huge changes in the way people live in fast 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 their investments, well generate long term value for their stakeholders. and that means thinking about

how the supply of natural capital may change, how disruption might occur in relation to natural caps or resources. in the next wave of, 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 our bank of america, all of is a major banks. there. the institutions that invest in the businesses that are doing the projects that are having an effect on biodiversity, positive or negative. so there, there are very important piece of our, 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. thanks of course, don't do that because they have at the heart, ah,

protection of nature. they do that because to see a business in us 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 until it is linked to the supreme 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 us. 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 ceo that has all of his experience coming from the world of banking and corporate banking in particular, how will continue to look for other 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 out, appreciate have and so 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 their ecological riches

and make companies more responsible. cannot banker change his own nature to economics as mere weaponry. the direction which are short 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 lot of things which we are doing or the facts are that still only 17 percent off our habits and species, sir, in good environmental status and only 11 percent of eco systems 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 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 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 long, freshly as it was a g. m,

from clinical studio hague crew. not sure, not a good twitter. he couldn't, he could have ye kupta don't. isn't that under the secretary? he can not read on the needle, he couldn't oh, the executors, he could have gotten you taken him into may camp less. these would cost armies to content he'd be able to share your la quinta, yesterday, welcoming a complaint and a gotten chicken a need to put his act up 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 that 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 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 footprints? and i said, that's exactly why we should work with them, letting us young as we need us in this is cynthia says duncanville dean, though a lot roman thought as billing. but as young pretty 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 letter soon as we need. so. 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 we,

i was 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. should our environment be for sale? what we're trying to do is persuade people to stabilize the plan much given him a financial incentive to do that, pricing the planet on al jazeera. mm hm. the journey has begun the faithful

wald copies on its way to the castle book. your travel package today and once again, we have got seasonal showers, developing somewhere around you guys love the color clad in the forecast the tuesday. that will be thunderstorms, not so much focused in your guy, but in the southeast of brazil, including porto allegro a which is seen flooding in the last couple of weeks and a line extending out through paraguay. south of that. the sun is i rush in tina and just to be honest, not bad at all. want to rain showers. much of brazil now is much dry than it was the seas, no rain to just gone north there. they are probably focusing also in western columbia, which is got a flood risk as a result throughout the caribbean, plenty a shower of the small islands. and this line here, which is an old front that came out of the american north america, is now through the island. so took, and k coast cooper, haiti, we'll see some increase rate because of that,

both sides of the isthmus. you've got rain particularly i think focused in nicaragua on south coast mexico. possibly shout developing in what was a very hot, dry part of mexico standing up into new mexico just probably relief. because the moment the still big fire risk blowing through that no cloud, its all weather is cloud. well, take you some rain midwest, but there is still winter weather late winter weather, up in the northwest mountains. i saw official airline of the journey. join the debate. there is no he job bad. you know, if anyone here talks about women that i had to force or does it seem to have been says, no topic is off the table. we were taught to see abortion as a one way ticket street to help all of the companies. they deny any responsibility, even though they have the resources in the power to fix it, where a global audience becomes a global community. the comment section is right here. be part of today's program.

this stream on out is iraq, mainstream coverage of big stories can sometimes deliver more heat than lights in any water scenario, there's always a push to simplify narratives, the listening pace covering the way the news is covered on al jazeera. ah, this is al jazeera ah, hello, i'm emily angland. this is the news our live from doha. coming up in the next 60 minutes, the son of a controversial formally days poised to be the new philippine president. ferdinand marcus junior urges people to judge him by his actions the aftermath of a night of violence in sri lanka is capital unrest continues out of the government's handling of the worst economic crisis.