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tv   Pricing The Planet  Al Jazeera  May 15, 2022 9:00am-9:55am AST

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he says it's a battle he will cite out of responsibility and killed for his past crimes and for his country. ah, hello, there are more carlindo hall. these are the top stories on al jazeera cools aren't growing louder for action against israeli forces for shooting dead. al jazeera john, the sharing apple aqua as world wide condemnation, both for her mother and the subsequent attacks by police at her funeral. a passing authorities, as it welcomes the international support. bicycle haine has the global reaction. i thousands gather in london on the eve of napa the day when palestinians commemorate the trauma of 948. 0, when more than 700000 were forcibly expelled or flood their homeland. but now
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another outrage, the killing of well known and respected al jazeera journalists, sharina ob o'clock. she was shot dead by israeli forces while working, clearly labeled as press. and then at her funeral, this, ah, many people have many words for this attack from the white house podium, it was a regret the intrusion in intrusion. press secretary gen saki would not go on to condemn the attack. and the president had this to say, i don't know all the detail, but i know it has to be investigated. phyllis bennis was not surprised. well, there's a very consistent pattern here. the u. s. has been for decades. the primary, political, economic, military, strategic backer of israel, and it's among other things been committed to preventing any level of accountability. wow. members of congress have waited on twitter calling it deeply
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disturbing. unacceptable saying the u. s. must condemn the attack on the funeral. and one congresswoman tweeted after her killing the u. s. must demand an end to israeli apartheid. the german foreign minister also weighed in as is meant. i ha, it's incredibly important to me and we've made it very clear that her death is explained in a transparent way. and it's even sadder that the funeral ceremony could not be held in peace and dignity. to be honest, i'm deeply shocked. and the french foreign minister treated as well saying he was shocked and appalled, condemning the death and demanding a transparent investigation. ah, these really please say they will investigate, given the public comments from the biden ministration. it is and clear how much if any pressure they will put on israel to fall through to try and explain all of this particle. he al jazeera washington, the palestinian president has received
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a delegation from al jazeera and has committed to investigating the killing of serene abu eichler backward abbas commended the bravery of al jazeera journalists and awarded sharing the star of jerusalem metal poles have just opened in lebanon, in the 1st general election since some economic meltdown in 2019 hundreds of candidates vying for a place and the 128 seats. parliament, former prime minister sat, harry has encouraged his supporters to boycott. the vote. vessel said are, has more from appalling station and bare root. there are 4000000 lebanese who are eligible to ward. and today we are expecting hundreds of thousands of them to come and to cost. there was lebanon is deeply polarized these on did the security, him loyalties and the security off the waters is often threatened to be waiting for the poor decision to have seen the better of the good. there are serious security
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measures taken. the minister of interior hugs has the call 45000 troops from the lebanese army to assure the security and the transparency. ukraine says russian troops have withdrawn from its 2nd largest city car give after weeks of heavy bombardment. as it is mass, as ukrainian forces have pushed russian troops far from the region. a north korean state media have released the 1st public images of a corona virus outbreak as its official death toll rises to 42. john young 1st admitted it was dealing with a nationwide outbreak earlier this week. those are your headlines. i'll be back with another news update on al jazeera of to pricing the planet. ah
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ah. a look at the problem of global warming and where water power last spring is now being that we're entering the models. massive earth as we know it today will cease to exist. use new information that reveals for
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nature is the el dorado of the 21st century. a new economic sector with promise is of huge returns for investors. banks, finance corporation and states are attracted into it. buying landscapes, protecting landscapes accumulating though landscapes. it's a phenomenal opportunity to be able to use a business model to achieve sustainability of major endangered species. and forests are treated like financial products. can market succeed where politics have so far failed, but it won't brace at what price. 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. i one nature to be free made show us where people we were and this is learn how to protect it and that's didn't have to do something with the j. p.
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morgan chase is the merrill lynch, is at 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 biodiversity, positive or negative. so that is who is behind the ecosystem marketplace, who is interested in these market in their potential. and who sits on that boat and committees this wednesday, the 1st 20 years ago, we still thought that nations and politics could save the planet. a 100 heads of state attended the earth summit in rio, the world's largest gathering. just a handful of corporations will present at the time the id with business companies, helping protect the environment, occurred to no one back in 1992 in that there are some with the were mainly
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representative from governments and a few from civil society. and they actually all thought that business was the reason for all our problems. business was bad, christmas worse, damaging the environment or whatever other negative implications there would be the word business council for sustainable development as her group of some, $200.00 corporations. many of them actually with her very, but a record on environmental issues like re a team go shelby p. set that up and it was creating $92.00 with a goal of influencing the reaching out of rio as coming in to 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. i mean, maybe i'm expressing a hope more than a reality to day, but it's certainly
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a trend that i see happen only if we go business and governments as equal partners in this debate. will we find the solutions and the scale to the solutions that the world needs? the bat has paid off. at the last earth summit, the united nations rolled out the red carpet for the private companies. you present, if you didn't, you said a prison, toner sector peavey, the idea would be, did you never heard of video due to my vehicle? kirk last said, leo to do all these corporations met in a luxury hotel in rio, oil, chemical, steel giants, themselves regularly accused of practice is harmful to the environment. it means we do have 2 good management centers,
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fixed more risks and opportunities. we have to understand our anchor system just to bring that a life a little bit. this is the mostly commitment. no deforestation, thing. we were the 1st major company to make this kind of commitment. and it was pretty clear to us the area that we really needed to think about was biodiversity and echo so still do. can you put the loophole you don't i think you know, so to do that. oh, honda he can do for you. okay. duty. i mean, i can come on again to vietnamese achia cuisine. immediate. castell demette fall master on nissan. okay. best. thank you. went to expose the us adobe sienna dokey. me cool. it was. yes, this is jojo. hi shaw. do you know prison disappeared in younger bader under me and i can just have to boot bad. though paul in india is where a factory exploded in 1984 releasing 40 tons of chemicals, killing 10000 and causing sickness to another 300000. the
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same companies that belong to these group in their real daily activities in their lobby towards government, are loving for exactly the opposite. are loving for, ah, policies that benefit their commercial interest that don't affect their activities, that they don't need to make any structural change. that they can keep on having devastating impact on communities on the environment with it only took 20 years for the banker, the politician rocker. and the businessman, a symbolic trinity. to begin speaking in harmony about the environment. both for economic history has been a very in time because it seemed the emergence of the multinational corporations when part of that emergence and part of their success has been through the
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deregulation and the innovations and flavin capital markets. so basically i do believe that i'm not talking about environmental interests here and that i'm talking about you industrial policy. 80. so it's actually not above green growth. it is about growth for the stuff. thank you. why you drive it possibly could a said economy come in yet not the emperor. press it warily. leave local and i to the let him fast most pushing because he me until dinner limited. yes. silly me to is like up i see that that really hinted as human as to plymouth. yeah. yeah, mostly dull. i saw it by settling. but cameras could have been there
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a suffix young for could keenness as he. this'll copy 10 but kill momentum. alcohol in capital l, capital salad. he said no for this crusade of math. it can't be dealt in las cruces, we need a clean, more progressive condom, a green economy, and economy that is good for people. business and the planet parent has been at the forefront of a community of economist development experts, environmental experts, social science experts, the united nations was converted to, to a point that it's representative for the environment named path. i'm stuck death, as it's ambassador. today, it's a banker who embodies environmental protection in the name of all the nations of the world, goodwill ambassador, letting us young this, we need us innocent. he the sustained community, though, a lot froman, daughters billing, but still pretty valid in his planet is to move in going through the several k
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hoodlum and tell him in the system that has a young in a medical illness units when needed in our organization, which is our indigenous peoples organization, we're very concerned about this green economy. ah, label. we 1st thought, well, that sounds good, that the economists of the world are starting to appreciate the green this of the world. green economy sounds good, but as we started to look at it, we started to see that it was all about privatization of nature. mm. so all the un business corporations, bankers and politicians hole in back together. is there an international plot against nature? and what if this alliance was the only means of saving the planet? no,
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environmentalists like the nature conservancy are working with companies like dow chemical and many other companies. 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. ah, ecological n g as need funds to because protecting nature is expensive and donations are not enough. some have joined forces with multi nationals and find partnership deals. they now have board members coming straight from the business sector. many corporations have also recruited former employees of environmental and g as in but in this game, who is influencing hulu?
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now if you're in the business, the coca cola is and it's pretty easy to help them understand, they should care about nature's ability to produce the clean water they need. and of course they get it. they said what kinds of investments in for us will yield the biggest returns in terms of clean water? now from an old fashioned environmental prospective, you might think, well that's kind of a crass question. but if your goal is to mobilize industrial players, like people in the beverage industry to invest more in nature, it's very important to have answers to those questions. i don't think there's a conflict there to me that's when, when they lent their name belinda logo, they lent their contacts. they lend their expertise to their development
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of a market that many of them also know will not bring benefits to communities . girl. we would, however, like to believe in this brave new world, believed that the bank and the business corporations have changed. ah, believe that they have faith in natural capital and are committed to protecting nature. so what if banks and corporations really have woken up to that impact and dependence on ecological investment? is it a metamorphosis?
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oh, green wash. now i'm membership guy, as you may have noticed, i think we can do this, changed the rules of the game. so i'm really looking forward to the next 10 years because it will completely transform the way we run our economies. we will strike a balance between financial or economical success, natural or environmental and social success. and if we can do that, then division that i've said before. 9000000000 people, all living well within the boundaries of the planet, will become a reality. because that's how we them measured way our economy perform. the promise of additional profits, coupled with a desire to improve that image, has certainly encourage some businesses to commit themselves to preserving the environment. valet is a mining giant and a member of the world business council for sustainable development. it's train is
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an institution in brazil. every year, from the heart of the amazon to the atlantic ocean, the company transports 100000000 tons of iron, or over 500 miles. the population benefits from this valley train as they call it. like really most of the wildly valley operates in $38.00 different countries with a turnover of more than $46000000000.00 aware of its ecological impact. the company committed itself to the green economy. it decided to reforest certain areas of the amazon. it is already replanted over one 100000 acres of trees with
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a further 400000 in the pipeline. oh, ah ha ha ha ha. does he go? is falling iowa 5 health newton, 2012 valley receive the public eye award. the prize for corporate irresponsibility with these domination, some of the worst examples of corporate responsibility in the last year have been identified. what is needed is not just the recognition of what is wrong. will say their environmental labor practices. because it's jeremy improved verse. i hope that these awards will raise consciousness of some of the kinds of worst practices that are going on in the world today. what did valet do to deserve such an award? what did valley do to trigger the creation of an international victims organization?
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while spending more than a 1000000000 dollars each year promoting sustainable development along its railway track, there are amongst other things, 5 factories working 24 hours a day. transforming the all into cast iron in the process, spitting out foul smelling and hazardous smoke. and just below that, the village is so poor guy that induced is those was years when thing go month, as quizzes leave, essentially o j, i put in the baby. i gotta know, darcy, i mean, am i can look for more. the obama comp. let me see the 2nd. there's
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a sequel to rams. i keep a yes. mos mozilla kensington. this has her studies done. been up to date and austin vivian, i just thought said one admitted activity at the beginning. nothing but i've been in the business space of vacation as of either if you the, um, hold on a 2nd or something like you, apple, we song apple danasia or jamie, i'm, we had our summer z i. e that boys went out to chicago but on most stays i know. 3 may source mean t i or kazi mama die for that boy, but it is in a law boy radar sellers. he a product, you know, say, darya will not offer a lot more up there. god wants to. daniel's kitchen bothers. i hope lord, our valiant mother was there. sorry, july, man, oh god, i it. and i, you said no like move in on die yet in the eyes of the world,
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the world of business and shareholders, of course, valley has built a reputation for being green. in the heart of the amazon, the multinational operates the planets most important iron mine. and even if it willingly plant trees to offset its impact, it also knows how to transform its good deeds into profitable shares for sales on the markets. these investments allow it to be listed on the sustainable development index of the stock exchange. if far the via the e v she ado oh, our violet there, hollow gravel is not both of our lord is ass ha hash been subbing in dodge, ambient, thou, coma for much fun over jake was much kamisky supp robust, so it moved much financier to get proper image, ambient out, while claiming to replant the amazonian forest valley is only growing a single species of tree eucalyptus.
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ah, well that here is your 1st february grandma did leave most by charlotte. you fall with compact, but i have yet. i've viewed them. the soul thinks him full bottles. look it up. his boss is on a solemn as an army. no one was in and lag were not on there so profess biological to solemnly was micro augustine. she couldn't trouble our dog. lewis c is professor key. you live. i live our kids in the 3rd sham, wordly deserved, lizard viewed a few miles away in a natural forest. would he be able get it sent if here from field, put on elephant anthony ah, for the mirror acorda. so or she was seen that there how she had all the ve them ears were infected. becky is the saw like huge fit in to look amazing.
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a new minute or years. is it your that his birth is blurred with you? thought i board of my orders ak unit. though you saki thorn or soul, i'd are of you are kill us all. look at think on saw the observer. i were the sure over. the last one sided, the eyes peculiar grogan his boss in trouble as a soul, f m, i think a more of the can to 0. keep i stuff for my lead. and i mean, in 30 years, all the land with eucalyptus will become barren until then, the financial markets would have rewarded rally for their green investment. ultimately, the multinational will make even more profit by selling its trees for biofuel, disguising a monoculture into a millennia old amazonian rain forest. this is one of the great deceptions of the green economy ally that consists in claiming that markets can protect biodiversity
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. biodiversity markets are not an entirely new invention, but there are other types of markets with parts of nature that we could look to, to see how they're fountain and who wins, and who loses when those markets are put in place. delegates from around the world gathered here by the 100 to discuss climate change and its consequences. global warming would be far more permanent. in japan, in december 1997, a majority of countries signed the kyoto protocol janda. they accepted the risks brought by climate change and committed themselves to reduce that greenhouse gas emissions. one leading theory is that it's caused when carbon dioxide and other man made gases are released into the air and trap heat, much like a greenhouse science was telling us that we had a problem with carbon emissions in the atmosphere. and we were starting to figure out that the, the ways to solve those problems and of course,
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for us planting force, maintaining for us and landscapes, our sustainable agriculture activity. um is what people agreed was the, the cheapest and most effective way to a bait which is to pull that carbon out of the atmosphere. it really doesn't matter where it comes from at work comes out of. so you can have a global trading platform for carbon that's perfect in terms of a global commodity market to you to put in place market mechanisms to reduce the amount of carbon in the atmosphere. the treaty set a global emissions limit which could not be exceeded each industrialized nation that signed the treaty, received a comp and quota these credits, and then distributed to the polluting industries. if company doesn't use all of its carbon credits, he can then sell them to company b, which is exceeded its quota. another possibility is for company be to invest in
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clean energy sources. in a less industrialized nation. what we're trying to do there is essentially persuade people to take common blocks and out of the atmosphere and stabilize the climate, giving them a financial incentive to do that. and they offset system, ah, which, for example, allows for offset the country with the growth of forests is a way of rewarding people for providing more natural capital frank assessments. what are the political risks of bad russian oil? a gas for western leaders will sanctions on russian energy exports. possibly for such informed opinions. france is not abandoning to fight against jedi, still resumed media. they're going to be attacking from missouri and from char critical debate. could china actually help in russia's invasion of ukraine in depth analysis of the days global headlines inside story on al jazeera. from the front
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blind al jazeera correspondence continue to report every angle of the war in ukraine. we've been given access to this special unit, making sure there's no threats behind those front lines. there's almost nic complete destruct said fighting back a russian assault, holding background forces. the scale of destruction is just now being revealed as we arrived. nikolai, as there is panic, a russian warplane is suspected of being close by. stay with al jazeera, for the latest developments. trust in authority is up in all time low you. what was that pro hench hateful 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 terror. and that dangerous territory was did. what happens now that we've literally diverge? that may well be how democracy does the truth illusion are just either
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lou and again, i'm laura galindo. how these, the top stories on al jazeera passing authority in says it welcomes international supported investigating outages or a journalist showing up who acts as murder by israel. forces. trim is laid to rest on friday, but not before israeli police attacked her funeral procession. the past in presence is received a delegation from al jazeera and committed to investigated the killing of serene abu acura. mackwood abbas commended the bravery of al jazeera journalists and awarded sharina stone of jerusalem metal pose of just opened in lebanon. and the 1st general election since an economic meltdown in 2019 hundreds of candidates
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vying for a place in the 128 seat parliament, former prime minister thought harry has encouraged his supporters to boycott the vote vessels. the dog has more from a police station in beirut. there are $4000000.00 lebanese who are eligible to ward, and today we are expecting hundreds of thousands of them to come and to cost. there was lebanon is deeply polarized bees on did the security him loyalties and the security of the waters is often threatened to be waiting progress to put his vision to have seen the better of the good. there are serious security measures taken. the minister of interior has the call 45000 from the lebanese army to assure the security of the transparency. ukraine says russian troops have withdrawn from its 2nd largest city car care of after weeks of heavy bombardment. as it is mer, says ukrainian forces have pushed russian troops far from the region. several 100
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marines had been rallying in the capital bomber cohen support of the military, gunter, and his army. it comes as france pulls, it's forces out relations of worse. and since to military coups and marley in the past 2 years, and the failure of french forces to stop attacks by armed groups linked to al qaeda . north korean state media have released the 1st public images of a corona virus outbreak, has its official death told wisest to 42. john young 1st admitted it was dealing with a nationwide outbreak earlier this week. and crane has won this. he has eurovision song contest in the northern italian city of turin. he country was represented by folk rap band colors orchestra. these are the headlines one news of the rest of pricing, the planets. a recent study shared with dental disease or cancer. 15 percent of all data children i
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likely to receive any talented education. i teach in theo, to put in place market mechanisms to reduce the amount of carbon in the atmosphere . the treaty set a global emissions limit which could not be exceeded each industrialized nation
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that signed the treaty, received a carbon quota. these credits are then distributed to the polluting industries. if company doesn't use all of its carbon credits, he can then sell them to company b, which is exceeded its quota. another possibility is for company be to invest in clean energy sources in a less industrialized nation. that's why western companies began investing in protecting nature or planting forests in developing nations from small businesses to huge multi nationals such as microsoft, disney air, france, or even the giants of the oil industry. uganda has attracted some of these carbon investments.
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ah ah, forgive the volumes and the aunt of kabul, not to house to nip to measure the trees like their mother's heights. and then he took those values unfit them for the formula to give the cabin quantities for proof. while these men work in the profession that did not exist before the signing of the kyoto protocol on climate change in their carbon hunter's, i'd do is 246.9.6 . 05.0. $1.05. each ton of c o 2 stored in the trees
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equals one carbon credit credits which the german company global woods offers to the international market on balance that is in the one of my eyes. and i had a hopa for feud sealed by him, and he had come under sink hole. so she had sat, if he counted deezen, so in on him or coined office up talk, compounds young on an act, even on their not hiding by thoughtlessness as chemo should stood, carbon hunting continues to be a promising source of future wealth. for those 1st pioneering investors. but can these young trees save the climate? can they absorb the pollution from western countries and compensate for the over consumption of natural resources? in any case, it's the main solution offered by international politics and the markets to protect the planet. the developed nations pay to have trees planted rather than trying to
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change their ways out in front of $1000.00 hectare. fletcher of the members has one of the plans. um, you know, gonna be an interfere, i knew you want on corn stuff going on does. and she pushed the amazon, unsealed by the emitter opa. i'm not 1000 loiter in. i'm yahoo! median. you knows denise daisy lucas, the building and medical, some puppies. but bill is kiddies and gets you to compress. escal does, that's gone, but our little bank don't allow that. that the oxy, the, the got a walnut gouter to put us in the deal. but again, in a little better, they'll mondo, are you in bowski case study upshaw to be in the bank on the leather that the oxy little carnival. we really status and we became alarmed because the numbers weren't adding up. ah, and it was just a false mechanism that was being set up that allows the polluters of the north to
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continue to expand the combustion of fossil fuels. but that is not the banga. mila got anti prevail, but that is hopefully at that. in at ingleby regimental gone back to the body that normally they had them run wow. on would either it gave for to 70 there at the re i was had him run. wow. a favor that i'm that you valid? i'm going to someone. ok, see randolph? no, get it out. the city noble was in a school of his walk. was it? it was a about kicking. it gave him fun. estie. but you believe you were to move to cba longer for katrina, m yahoo! and you sent it to evaluate what to not to now call a would abby by jim. javan got up to to linger to get her moved. them would help me with an intercom commute. i think that touch altima gal from miss into it. got our
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log in as a jo in the past, this plantation land was used often illegally by the villages. but in such a poor country, these people grew just enough to eat or to sell at market, or to feed their cattle. but everything changed with the arrival of global woods vacancies for forest security manager. the chops to ensure that a forest plantation stays free of damage caused by illegal grazing abilities and qualifications. trained in policing all army skills, including martial arts, for g as in some financing from born. oh. when miss some on golf, on her fun gets hired old own on crude, so hutton nausea. i'm not gonna begin as important. you've hun on this as before. thus exempts on what is
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a heavy bond flung from the house to conflict with young. i'm on begin off. you mentioned through these systems i'm talking about starting to use our trees are for especially in the global south in developing countries in the back yard of indigenous peoples who are brothers and sisters to use it as far as this big carbon market scheme. mm. how should can be used to live on and grow food auto? we plant trees in order to protect the forests in various locations and africa. the villages have been expelled and the homes bound to the ground. in honduras, dozens of farmers have already died protesting against these sorts of expulsions.
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how can trees be worth more than people are for literally dying? we are dying, it is a form of, of genocide. it is a form of genocide against our people, bmw, and now nothing can stop the touch of the raging bull bull street. it has barely a 2nd full for who had trampled underfoot when it finds new sectors in which to make money. i get the net cattle killed in viet at that initial subject. if he goes low in bed, a thief innocence of defeat gallows boredom. when correson blamed their deed better often it will not as yet become above the ladies agonizing camelback. ah, i sail cases as goofy, gallo bulk, cather,
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this mass is looked at by hinted animal really mechanical quality. but it is, interestingly, they use speculation as, as if it were a bad word. right. i don't necessarily see. speculation is always a bad thing. yeah, basically what speculation is, is people taking risks and hopefully the people who are taking the risks can assume the risks. if they don't pan out. already we've seen millions of dollars being invested in projects that protect forests. why? because people are hoping that they will be able to make money selling carbon credits in the future. they're not making money now. most of them are not making money now. they're speculating during my lifetime with a thunder stock market crash. socrates environmental mortgage be liable for crushes, it was, i'm sure it was rejection principle. they could, in fact,
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we've actually lived for one of these recently because the price of carbon on the market has collapsed from around $30.00 a ton to less than 3. how can we entrust our future to a market that sometimes recognizes the value of nature? and sometimes doesn't. bank of america merrill lynch, and the world bank have announced a plan to offer world bank green bonds to major banks and businesses have offered green bones a monetary product invented by the world bank. they have already issued tens of billions of dollars worth of bonds in order they say, to re direct finance to serve the environment. what is the guarantee that this so called green finance? who benefit the planet? the likelihood that banks traders ha,
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will be developing the hardware and software of this new market in a way that benefits them rather than benefits. nature will be the same as was the case in the financial crisis. 20082009. these financial derivatives, financial products that were being traded very rapidly, were not helping house owners to safely finance their home. no, they were developed and used to increase the profits that backs could make. this is where the financial crisis started. the banks played on the dream of owning your own home. in the usa, they use the promise of the solution. to leo modest households with precarious finances. once the families were no longer able to repay their loans,
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the house of carts collapsed, leading to the subprime crisis that made millions of americans homeless. the wild tipped into a social crisis was seen the cross cases of financial ization received the collapsible street. we are witnessing around the world, this hungry money, which is only looking at how to make the next profit, devastating economies, devastating ecosystems, devastating the klein planet. and for them to see that the reason the planet has been destroyed is because there wasn't a price. all we have to do as a map wherever there was a price, the minerals have been mind. the earth has been re weighed ever where there was reverence and respect. nature stands in high integrity. the evidence is very,
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very clear. price has led to degradation and destruction, pricing and financial i. zation is a disease that we have to overcome. it's like a cancer on this planet and in the human mind. flow. but what is the connection between junk bonds, speculators and houses, and forests, insects, and around your towns. in the past, when people wanted to buy a property, they went to the bank to ask for a loan. the bank would assess their ability to repay the loan. the financial crisis made everyone realize that loans were no longer just the domain of banks. in fact, household debts are transformed into securities, bought by investors, then split up a mixed in with other debts to create derivatives more, less risky, therefore more or less profitable. and finally put on to financial markets. one day
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to many homeowners were unable to continue paying back their debts, triggering a flood of bankruptcies. the world then discovered that some investors had speculated on the inability of homeowners to repay their loans. it's not that big a stretch of an imagination to use the same logic off, dividing up the biodiversity credits and dividing up by a diversity in a sense and saying, you can now speculate on the future date of extinction. of that species was difficulty. the pope was young and puffed. don't. was it doesn't prove div, loopy kristen. prickly doubt to does he sin to put v? did he he sunday?
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probably. that's your house to chris l. v. a. jesus base preserve is anita mushy. ash t or pre in company this house there for finance g and t tracking down me to master . he concluded he slid his back because of festus. back to this base. he said to collab should poodle a long time it don't yet. and max, she, she gone there, he had brought the best you. levine said, couldn't did he, this was you learn wizell. so i showed you he's was only because was jewelry next door. it's an open book dos than that to you do that you do you see poems represent or does he them because we don't want to monitor or simply wanted on perceived and i'll speak, you don't see of law columbia land that the study salinas best report with
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yes, secure diseases are sometimes bad and they lead to the financial biblical. those were bad securitization, but securitization is also can be very, very good. doesn't mean there should be no securitization. that means we must work harder. but just because there's a chance of something going wrong, or just because there's a chance that someone might not like it, should we stop and not do it. i think that would be a foolhardy mistake. but if things were to go wrong, what would the consequences be this time around? if there were level of acceptable risk, investment funds are already proposing species portfolios. you could choose 50 orangutan, 30 fly, or 40 locus credits. the amazon rain forest is already listed on the world's 1st green stock exchange. it's playing god. it's pretending to play god. and when we find out and when those who promote the
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concept, find out that even today they can play god, the damage will be done. for me, these fears motivated fears, i mean that there are those who actually want to trade nature as if they would love to have the ability to buy and sell species, as you say, well, that's too bad because that's not our job. our job is to ensure that the value is appreciated. recognize internalized. there are others who are politically ill disposed towards any form of capital being recognized and for them as religion, they will fight against anything that use of the word economics or capital. some people will say, well, but this is, this was all conspiracy, this is not going to happen. this is not the purpose of nature accounting. we don't want that, but how will they prevent this kind of development? once the methodology is, are there to start speculating to start trading,
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biodiversity, you provide the instruments and the use of those instruments will be out of your hand. at stake is our future on the planet. tell me really mortgage that out and place it on the financial markets. lots of banks have committed to protecting species for just 50 years. just enough time to make a profit. yet just a speck of dust, as far as the earth is concerned. he really c like assume do killer velo. it couldn't do need to do then that you often or she or full noticed you small or for speaker chief or bunk law push submit. when i push pure mo finance. yeah. good at you is so c, 20 get if me and well, our own onqua, blue pretty cheek new poor, hyper dear. we are you venue economic come,
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silk. happily. mos majority, the bianca newport news article, samo me pad 2 fellows. b could achieve by the mechanism. keep our met, i said velo economy ran up that would be 20 pound if you know, see i says join tissue loaning a former the salad days. the creases ambient title is salinda. now luckily medical, the little medical can was domina. he passed out on a low, he got the little icons. yes. you mother lucky. the feeney, they see they gisela must have proper yellow. but a rest of that eliquis bill and that release increase result. it was a leader or a boy. well, families, you live, was you and you saw it rachelle your dinosaurs sagel done. mr. lee cooler, you put us. your remind is you m, i saw was a book on a similar to so i haven't was it or shall we are. it is trent. i saw him lay i
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called his father lucille on official julia player, got his account, build on it. got only me detail that most of us it said view proposal passing only motion. could you the all new go pick? i think you should be sorry. was that we should could, if to something more control you were you but a possibility that a shot record room also bubble got, did you get it with the muscle? appellate tend to pretty feel. now we need to learn to get out of the valuation on the market, which is only price, but everything as a price and nothing has value to everything of nature, having value and not being measured and finding other ways for humanity as humanity for most of its history has done, it is not related to nature's values to race ah, the world of finance, tweed, with the homes and household of america, sparking
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a crisis around the world. only a handful of experts, also the danger of the mechanism we engendered. now we know the same recipes are applied, but this time literally is nature. is it a good idea to leave the planet in their hands? ah? does storms have really been a big problem across the middle east as of late? however, one but the winds are finally starting to die down on sunday. so let's go and for a closer look around the golf at the winds will still be blustery to start the day on sunday. so if we focus specifically on doha, about 50 kilometers per hour, but then as we get through sunday, those winds will die down to about 30 kilometers per hour. then we've got some high
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heat around the red sea jet are coming in at 47 degrees. your record for the month of may is $48.00, so getting pretty close there. and speaking of high temperatures, we can find that through pakistan, jacob, bad 46. you are just 50 the other day. so you've come down a bit. the hor, also at $46.00 degrees and your record for the month of may is $48.00, so getting close there as well. now for turkey, the situation is some rain for central areas rate toward the east is where we've got disturbed weather. so showers in tramps on the highway 18 degrees on sunday as we dipped toward the south, a few showers exit in quasi luna tall pushing into southern mozambique. so we can expect some showers for mar poto with the high of 23 degrees, but otherwise to the north, to the west. and also to the south of this. we've got a lot.

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