a go for him, but i gotta pull that up. are you on a regular reaching out a a g. it's also new york and a lot of a lot order isn't what i am with the writers or get to way which i'm using and people are you boards all school bomb, any more mean a reset of just make when i was reported, i'm a speech i'm a radio,

so you're not even a bill. this isn't that. oh, with a little adrian finnegan here in the headlines and i was here up. hundreds of kenny and troops have arrived in the democratic republic of congo. that part of a regional force helping congolese soldiers in that fight against the m. 23 rebel group. malcolm web reports from goma airport. i will. it says it's to is thank you, coming here on a banner of an east african forced to support the congolese government at to fight on groups of people here waiting to see what they'll actually do when they get here . kenya says it's sending a battalion of troops about 900 men and women, which is

a tiny number when you consider the vast territories controlled by armed groups here, including m. 23 ukrainians are celebrating in the strategic southern city of care song after the retreat of russian forces. president followed amir. the landscape has hailed it. i story day. keith could use the advance to expand its counter offensive to other occupied territories. ukraine has joined a summit of southeast asian leaders for the 1st time. it's foreign minister urged as young members to condemn brushes, invasion, and help protect ukraine's grain shipments. u. s. president. job bipolar will also be meeting axial leaders in the coming hours. his visit to the region is aimed at countering china's influence that democrats a one seat away from keeping control of the u. s. senate that tied with republicans, but 49 seats. democratic senator mac kelly has been re elected in arizona. county

continues from nevada and georgia will hold a one off vote in december. the crypto currency exchange f t x that when he says it's investigating hundreds of millions of dollars of abnormal withdrawals as to clarence bankruptcy. the potential hack follows an earlier one on the exchange of to concerns over its financial health. f t. x filed for bankruptcy protection on friday. it says it wants legal protection as it looks for ways to return money to customers. others, the headlines one use for here now to sierra after counting the cost coming up next . a new series, exploring how traditional knowledge from indigenous communities is helping tackle today's environmental catastrophes. we see how the melanesians people of the taurus straight of fighting, rising sea levels, which threatened to swallow their islands 1st nations frontline,

the torres strait swallowed by the sea on al jazeera. ah, i lie money in sight. this is counting the coastal now desert. your weekly look at a world of business and economics this week, almost half of all european investments in china come from germany. the chancellor ease on the pressure to cut back on business with beijing. but in this country too, dependent on the chinese market. also this week, bleaches should pay compensation for the damage caused by climate change. that is the message from developing nations and the cult 27 climate summits. bots will rich nations for the bell. while the world moves away from fossil fuels to save the

planet, the tiny nation of guyana is balancing an oil boom. and it's threat to the environment . ah, the ukraine war, expose the risk of germany's decades long reliance on russian gas. it's been scrambling ever since to reduce that dependency. now it appears the german chancellor has another problem, members of his government, the opposition. i'm western allies, a worried about the countries economic dependence on china. or la sholtes recently went on a controversial visit to beijing. often even more controversial sale of its hamburg port terminal to a chinese company stepped fastened reports from hum beg after rotterdam and where if a chinese state company, costco has bought a steak in europe. the 3rd largest port hamburg the chinese investment in one of the 4 container terminals were scaled down from 35 to 24.9 percent off. the

chancellor, all of sholtes came on the fire over the deal, but many in germany are still unhappy. i know i'd say about reform, the one hand they want to become independent from russia and on the other. they're given away something so important. i think that this has been a favorite project of chancellor all of shorts, who used to be met and pushes his own interest in not only shows his correlation partners who have warned against the deal this concern outside germany to people in brussels, but also in paris. and a lot of other european members, state capitals like there is, there's a lot of frustration and outrage of like, wait, what's germany doing like, why are they going forward this? i thought we were supposed to be decreasing our dependencies when we're talking about critical infrastructure. and we're talking about the nature of china's political and economic system and the nature of a company like costco. i think we should be a bit more cautious, especially now in a post russian invasion of ukraine world. the fact that china doesn't allow similar

investments in its own ports has also been an argument against the deal for some nervousness about the chinese think. here, germany's largest, katrina, ford showed company the fear that mistakes made will be made again, but so far the business. in fact, wales hamburg see it. it would lose competitiveness against auto european ports. without cost goes investment the port was already struggling to attract enough business. sometimes discussions are a bit exaggerated because there is a concern and, and it's an understandable concern. what has happened in the ukraine. we take the concerns serious. they are minor from our perspective instead of what we can win as a society. and of course, as an economy like the german ones, but the whole europe as well. but other european nations have accused germany of

putting their own interests for us when it comes to china. step fos and al jazeera hamper. let's take a closer look at the numbers. china is germany's biggest trading partner and the value of imported an export at goods where it's more than 242000000000 dollars last year. that is, up by 15 percent from 2020 or than 12 percent of germany's total imports came from china in 2021. the chemical company b a s f is expected to invest almost $10000000000.00 in its new plant in south china. by the end of this decade. and china made up 40 percent of volkswagens. well, why deliveries in the 1st 3 quarters if this year. and so was the top market for other or to make as like, daimler and mercedes. now to discuss over that time joined from london by klaus vist the son. he is the chief eurozone economist at pantheon micro economics. thank you for joining the program, sir. how important is china to germany's economy?

well, i mean, is an important part is important part of germany is economy and it's important part of the eurozone economy. and i think the most important thing to mention here is that it's a child has become more important over time. europe has become more integrated with china with especially manufacturing goods, but also in overall council slow. so china plays a big role, minutes, not the biggest role chairman, germany trades more with its neighbors in europe, the u. s. u k. if you look at, it's sort of in total trade, i think, but still china is a big part and, and therefore i'm sort of this little tension which is also now along that a west china axis is sort of, it's a challenge for your but is child is germany dependent on china off that because while china tops the rankings of germany trading partners, we also have the united states, france, paul, and other european countries, all representing between 5 and 8 percent of germany's total trade. so it does

appear. they are quite diversified when it comes to trade, while they are, i'm and i would be now be wrong to say that germany is dependent on china in any way because of all the stuff that germany trade with china, especially on the input side that it's possible they will be able to get that from somewhere else at least over time. but that doesn't mean of course that you know, a rupture and that relationship wouldn't be economically damaged. you know, jeremy is not dependent on china in that sense, but so how damaging would it be? well, i think that there's an economic aspect here. i think that as far as the question depends on how quickly, right the, the severance of the economic relationship with russia, for example, the contact the war happened overnight or it's happening very quickly. it seems like in this case with china, it's something that's going to be a little bit more slow moving in terms of sort of what the economic relationship between europe in the west and china is going to look over time. so, so far it's not something that's really i think that's sort of an,

an acute. so economic hit if you will. but again, depends on how quickly it happened. why is the chancellor sholtes going against the rest of his coalition partners to continue this love affair with china? given the obvious risks we've been talking about why i think, i don't know whether germany has a specific love affair with china, germany, to trading nation, to trade with, with, with other countries. right. i think that's what's happened over the last couple years is that it's the u. s. that's moved, right. i mean, the us itself has, as a strong relationship, economic relationship with china over time. and suddenly, now it's selling the idea that you know where in, in, in an existential conflict with china, of course, it might, that might not be in your interests at this point in because europe is part of that western axes, if you will. so europe will have to go along with that in a way, so i think, you know, you're stuck with a little bit in the middle here in terms of tracking. she may be avoid tension but, but increase too much. but so in a way, i will call it a love affair. it's just,

you know, an attempt to sort of preserve the status quo or not backtrack. you might be, your question is interesting, isn't it? because i guess you could, wanda, how does germany's economic ties with china affect the rest of europe? i mean, why so much concern from europe? about sholtes is recent business trip to china. where the concern is obviously that if you do, if you make it kind of like integration with china increases at this time where the political relationship has changed. and of course it could be a if you political risk element to this, right. for example, there's been a lot of talk about allowing china to invest in german, harper and hamburg, and that could be sort of maybe 34 years ago. that's not a problem. but now with this, with the politics change, suddenly you know, that could be a, a challenge. we've seen other examples of this, especially, you know, classic example with a little further back was that was always 5 g infrastructure investments in europe where some of the a lot of countries decided that while we weren't allowed to do that,

even though probably the years before you know, that wasn't controversial. so the thing is if it's, it's elements like that where suddenly economic projects and relationships that were on controversial suddenly being seen in a different light. and therefore, you know, it becomes controversial when we, when we talk about the german companies that are exposed to china know, invest in china, do they tend to be certain ones in particular like the car manufacturers or is it a range of companies? it's a range companies, i would say that a big part of german manufacturing has some kind of relationship with china. this one either they sell in to try to factor in china or the import important and manufacturing inputs from china. right. and as i said before, is part is depending on, on sort of where you are and that value chain and how big your relationship with china, you know, you might be able to, to, to, will increase yourself from that and go somewhere else. that was difficult to know . so before we see how quickly this moves, we can forget the china itself has had its own economic problems. it's had it's

very restrictive coping strategies. i thought for some german companies to adapt to diversify away from china as possible. i think that a lot of western companies have been quite surprised with the, with the turn in chinese politics. and so the, an economics and sort of post cove, it seems like she is galvanizing his power in china becoming a little bit more centralized. and of course the serial cobit, i mean there's no end to recover it because you're always going to have a case somewhere. and that obviously has probably forced some companies, or at least some companies must be thinking about revisiting their relationship with china at least as far as further investments are concerned. you also have a real estate bubble that is now 1st thing in china. and so that also plays into yeah, i think they have, but of course john is still a big market, but still it's a, it's a, it's, you're changing market in that sense, for sure. given the uncertainties facing europe and germany, specifically with energy and energy prices and recession and so on, can germany, ford, keep to keep its distance from china?

i mean, i would say over time, you can afford anything you can strike but, but in general, this idea that the west is now in a, in, and i sit in an extra special, comfortable trying to china now an adversary both economically and even militarily, perhaps that's just not from, from your perspective at this point in time, just, just not a very good story. europe is not very well. so with that and i said is obviously knowing full well the years and ally with us. so if that's the road we're going down, you know, you're only has one side here. there's no fence in the end, but i think what we're seeing in germany and it's a reflection of this fact that at this point, that's just not a, a interest you are still has an interest in having some kind of economic relationship with china, even as china has changed something different, i think that's what that's that, that's what we're seeing really interesting to talk to your class vista says chief your zone economist at pantheon micro economics. thank you for your time. ah,

from devastating floods in pakistan to drought with an crops in east africa cop $27.00 summit follows a year of extreme weather patterns. these disasters the estimated to cost the developing world more than half a trillion dollars in damages annually by 2030 and pull countries have been urging big polluters to pay compensation for the losses and damages that were worried. he suffered as a result of the extreme weather. now until now climate financing, his only focused on lowering carbon dioxide emissions and helping communities adapt . but this year for the 1st time last and damage compensation is talk of the cop 27 agenda. and the report says, developing nations need one trillion dollars a year in climate finance. but rich countries have so far failed to even deliver on an earlier pledge to raise a $100000000000.00 a year by 2020 to support developing nations in reducing emissions and adapting to climate change. and now of course,

with the ongoing when you crane and the cost of living and energy crisis, guessing governments from develop nations to agree to these measures is going to be difficult. joining us from london is kathrina helen brown, vons, an a, an she's the heads of corporate research and head clean tech at cobb and track it. thank you for joining us. kathrina, who's to blame for some of the climate change linked extreme weather events. we've seen this year in parts of the developing world, and it's very hard to say there is a blame and we know that they're happening. we know what the cause of climate change are. they are clearly human. it's now the question of how do we come to a climate outcome and particularly now that the process is on a thought that allows us a half way but mitigates the was damage. i achieving a $1.00 degrees scenario back in 2009 rich countries pledge this $100000000000.00

a year in climate financing to help poor countries adapt to climate change. that was a voluntary system for adaptation and mitigation, rather than the reparation and damages that are going to be discuss this time route, given that target was not met. how optimistic are you that this whole idea of lawson damage will be successful? i think it's a very difficult discussion, particularly in the current context, what you offer assessment recessionary, economic environments, in many regions. it will be complicated. however cleverly, we need to think about financing mechanisms. we need to think about knowledge transfer mechanism, technology support mechanisms and access to finance for developing nations. the whole idea of reparation. reparations is usually contentious, isn't it? i mean, on developing countries concerned that providing funding could be construed as an admission of legal liability. and then end up triggering claims on a, on

a major scale, what you needed a lot of complexities around that. you just mentioned some of them. i think it is an area where we think more about knowledge sharing. we think about various areas of financial support where they, the global norm clearly has an ability to do that. well, that can be fabulous shapes of what you do not see that sort of legal risk and well, financial and technology and other support can happen. ok, so let's talk about the fund itself. i mean, how, how do you go about setting up a fund like that? i mean, lots of details to get members to agree on where the money is coming from, how to raise the money, how, how which countries or disasters qualify for the compensation. i mean how, how do you put something like that together? well, it obviously requires a lot of for donation and internationally. it also requires financial

require at the end of the day, what you're looking at all of these things. you need to to look at private capital supporting projects. but the day it's, the funding is the big fund, one thing, but it, it also then comes into, can you mobilize private capital to come in and support projects on a larger scale. and that's one of the challenges we're meeting as well. is that already happening to a certain extent? we think it is, there is not enough back job to actually activate and spot the private capital into the entire energy transition sector. you need clear policies. you need support for projects in the visibility and clear government guidelines and start the and in more places than not, that is actually just not their strategy is changed to quickly visibility isn't there. and then when you have thought though, you can then mobilize capital and you can enable clean capital to drive forward the

market and kick off a bunch of spiral. when you're talking about private capital, are you talking about loans? because they are grants to countries at the moment, but that is in the form of loans which have to be paid back at some point. and poor countries struggle to do that. what it is all about. it is the mixture, finance, finance of a so many rich different structures for possibilities. it, it'll, it's a diverse package, what you need. and then it also comes in creating longevity of revenues and business model. lot enable financing. and that enable potential that service. there may be combinations of these things, especially in the early stages. and probably in early stages, you're looking more at grants later on. you're looking at more loans later on. yet you're looking at combinations of other instruments as well. we had some very stark

words from antonio terrace, the head of the un at the opening of called 26. and i quote here we are on a highway to climate hell with our foot still on the accelerator. what did that statement make you think and do you think it's going to motivate and put the world's attention back on climate change? but it definitely was a very strong statement. and if we look at our current pathway, sleet we, i can see a way we know why he is saying that clearly we need to be focused on what the actual temperature outcome. so it's been clearly a thought is not in line with the paras target at the moment. so, so we would hope that this we focus his attention on to achieving the paris target . katerina helen brought von deny and head of corporate research and had a clean ticket. carbon tracker,

thank you so much for joining us. thank you. often it's 1st discovery of oil in 2015. diana is to day one of industries. big players, a 3rd of all new oil, fines in the world and made off its coast. now such a resource could transform the fortunes of the country where 40 percent of the population and just over $5.00 a day. but as well moved away to ads, green energy harvesting the potential riches could prove a challenge. john hendern travel to the capital. georgetown to interview the nations president. it fun ali the temperate waters off the guy on a coast cover. some of the world's largest reserves of crude oil, but it's not the oil president here fun. oh, he is interested in. it's what he can do with the story about gun it is not oil. and yes, we are a country that is rich in history. we are a concrete will be and mark, my words will be a leader and for security and our culture. and importantly,

we will be along the best eco tourism destination you can find and that oil revenue may help you get there fast, or every revenue will help us to get their faster guy on his sprawling stop rec, oilfield holds an estimated 11000000000 barrels of crude enough to turn one of south america's poorest countries into one of the richest and contractor exxon mobil is discovered 2 more deposits, making that feel even bigger. it's big on an international scale, a global scale, as far as the conventional oil and gas resources being found around the world in the last 78 years. but also at a national level, this is transformative for the country. for diana, critics in the opposition party warn of the so called resource curse that struck other oil rich nations. it were some benefit greatly, while most miss out stock market has gone up in only a few years. 400 percent. but the minimum wage is only gone up to 6 percent in the

same time period. and so you see this huge escalation in terms of inequality. some 40 percent of guy and he's live in poverty earning below 5 and a half dollars a day. according to the world bank, the influx of oil money has raised rents along with a height of buildings in the capital of georgetown center of the petroleum boom. the infrastructure here in georgetown has been growing by the day and for good reason. since i was discovered here in 20151 3rd of all, the new oil found in the world has been off. the guy comes only a decade ago, george towns demo, our river was a sleepy port. today, it's a hive of activity. is oil service vessels shuffled back and forth to wash your rigs. the world is trying to move away from oil. do you feel it all like you're in a race against time here? yes, it's a race again. same with bus. be done responsibly though in the sustainable way. but

we intend to accelerate the production. speeding up production might help this generation prosper while creating a base for the next. john henderson, al jazeera, georgetown, gayana, rising demand for food and falling crop harvest could compromise our ability to feed ourselves crop. biodiversity helps farmers improve output during tough times, but so it to say as much as 3 quarters of that by a diversity was lost during the 20th century. alexander, i'm here t visits a high tech facility in columbia that distributes crucial seeds to vulnerable farmers around the world. a good, nice heavy, heavy, the inspect each leaf at this lab ground being claimed. here spent the last 4 years studying and nurturing it to save the species from extinction plant. it's a wild variety from costa rica that's at risk of extinction. this is probably the only remaining specimen in existence. we are regenerating it simulating its

environment. these wild spaces held the key to resilience. james can offer a solution to water deficits and pest and disease. the seeds of this and tens of thousands of other native plants are collected here on the outskirts of columbia. 3rd city cali for the world's largest tropical seed bank for beans. cas of an animal feed plants called future seed. in the banks, laborious researchers prepare each feed for story to research, selecting the optimal ones in discarding any that are damaged, others work and dna extraction and gene sequencing, to decipher and translate to the plants. genetic code, global not experts say it's vital to breathe more resilient cropped varieties at a time when food supplies are increasingly vulnerable to extreme weather deforestation in other human activity. so we have 2 major threats, existential one is the genetic erosion. several of these kind of diversity are

disappearing due to everybody's ation to roads, to, to kind of human activity. the 2nd is climate change. the world used to cultivate more than 6000 different plans, but it's estimated that about 75 percent of crop diversity has been lost in the last century. the bank hope to reverse that trend. this air type packages store bought in 60000 samples of billions and for ages, and they're kept hearing this huge fridge at minus 20 degrees celsius. scientists call it assurance for the future. here we hold the seats that belong the genetic resources that belong to the countries of origin. we keep them, we can 7, maintain them alive and available also to the property. if we would have to have solutions to challenges that we cannot imagine at the moment already,

solutions for today sandra, cultured, but also for the future. thanks to the lesions, the seed bank is using artificial intelligence to speed up crop analysis and breathing new more resistant varieties, trying to keep pace with an increasingly deteriorating world. allison a bit under 0 palomino columbia. and that is our show for this way. get in touch with us by tweeting me at marlene side underneath the hashtag, a. j ctc. when you do or drop us an email counting the calls that out. is there a dot net east ah address, but this movie online at al jazeera dot com slash ctc check out our website. they'll take you straight to our page, which has lots of individual reports, links an entire episode for you to catch up on that day for the sedition of counting the cost. i money said from the whole team. thanks for joining us. denise . on out to sarah ah,

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