or sad, your money was spotted here. they work with professionals clubs abroad. now the 2 top players will be sent to the french football club, met for the vast majority of the young men that you see on this pitch will not make a living, playing professional football. they'll be disappointment for them to carry of their families, but also have entire communities and villages that have supported them. me hope this 22 year old central defender was months, so will be selected by professional club. here. we're gonna bet only our family is . i me, my family, my friends, my community. everybody's waiting on me to succeed. success means a contract normally does the academy make money on a potential transfer, but the players community expects to cash in to his is a possible future worth betting on when that may mirror that of a famous senegalese player or what if you look at what a big names in football and it just makes families jane,

parents hook dead children becoming side you money. most will have them to build. must school home school hospitals and even petro pumps and stations, same stuff in their village nozzle. but use of game is in debt and robbed of his dreams, and yet he has not lost hope and either has his family. these still expect their son will step into the football, boots of synagogues biggest players and change their lives. nicholas hawk al jazeera refused senegal. ah, this is out there, and these are the main stories. now. china has stepped up security in its largest city shanghai, following the days of rare protests against present changing pings, 0 coded policy. demonstrators have been calling for political freedom and an end to lock downs. at least 9 people have been killed by else about fighters during an

attack on a hotel. and small is capital mogadishu. smartly forced to say they rescued 60 people when they ended the siege. ukraine's at present vladimir zalinski has warned of more russian may solid tax on a tough week ahead. they've been rolling blackouts in the depths of winter after russian forces targeted ukraine's energy infrastructure. nato says the kremlin is using cold weather as a weapon against civilians. moraine in general, has acknowledged that more than 300 people have been killed in protests. across the country. is the 1st official word on casualties in 2 months. but iran says it will not cooperate with the you and that fact finding mission into alleged human rights violations during a crackdown on protest as demonstrations were sparked more than 2 months ago by the death of 22 year old marcia armine in police custody. the man, a lower volcano in hawaii, is erupting for the 1st time. in nearly 4 decades,

spewing ash and debris lava flows are currently being contained within the basin at the top of the volcano, but of conditions change. the eruption could pose a threat to nearby residence on a lower is the world's largest active volcano. takes up more than half of wise big island. those are the headlines and use continues. herron al jazeera. after counting the cost, al jazeera world is into the murky world of state sponsored spyware. and the discovery by al jazeera journalists, it's 0 technology that smartphones. every sister, is this, the new frontier and espionage think about the sophistication of exports the breaking performs. this is as good as it gets this high and you're on al jazeera. ah

hello, i'm so robin, and this is counting the cost on al jazeera. if you're with you, look at the world of business and economics this week. a historic loss and damage fund was adopted at cop 27. but will rich nations really compensate poor countries vulnerable to global warming? or is it just another empty promise? also this week, britain faces the sharpest fall in living standards on record and economic outlook is gloomy time. the government's fiscal plan and austerity measures ease the countries pain. anti for her scored beg where the cat art world car planning revenue of $7500000000.00 we explore the role of intellectual property in sports business. ah,

what does greg i'm? it was one of the most contentious issues that the cop $27.00 summit wealthy nations have long refused to compensate. poor countries struggling to cope with the effects of climate change, very legal liability. but after more than 3 decades diplomats from around $200.00 nations where the breakthrough and agreed to establish a loss and damage fund. the deal was a big win for vulnerable nations to bear the brunt of flooding and droughts. despite contributing far less comparatively to the carbon emissions that are causing global warming. while the fund would include contributions from developed nations and other public and private sources, like the international financial institutions. but full details of how it'll work and which countries will pay still need to be hashed out at next year's climate talks. and despite the breakthrough on climate fine,

the summit fail to deliver on phasing out the use of fossil fuels. madagascar is one of the world's poorest countries that's been ravaged by drought and successive cyclones and tropical storms. the un is called the countries famine, the world's 1st disaster induced by climate change. but many people disagree with that assessment, blaming poverty and poor governance instead. nick clark reports are from a ladder in southern madagascar. when crops consistently fail, you take what you can find. who cares if normally only cattle eat cactus and boiled up, it fills a gap for a while. they had his own a tea and it had been an hour. poor dick. she, she, the village is in a very bad situation. no food, no water. that is the biggest issue in this region. we need help to solve this because people are living on cactus. that's all there is a run in her in the regional capital of amber bombay. a woman has

brought her 7 month old daughter to hospital after she became seriously ill with diarrhea and vomiting. this is sarah, i the i have the admin and i cannot get them in every day. it was the pick up along the road. like with cactus fruits. i'm exhausted and i just kept breastfeed my baby because i'm so hungry. i have no make in my present. if there is no food, we just like water and slip in here in the malnutrition unit, they're preparing for big influx in december and january. we're going into what is called the the lean season. so it's a time when it's very difficult for families to grow their own food, harvest their own food, there's a lack of rainfall we expect cyclones to start appearing sometime in the new year. and so this is the time when families are really forced to forage for food. and so there are estimates that around $480000.00 children between now and february, april of next year, may need to be treated for acute now nutrition. ah,

it's not that the food isn't there, and i believe always market. you wouldn't think times are hard, but these goods mostly impose it into the region and spiraling prices, push them well out of reach of the poll. hundreds of thousands across madagascar depend on outside support from the likes of water aid and the world food program. here the government is delivering fertilizer and seeds to farmers and they need all the help they can get. but if has no rain, no amount of fertilizer will help. now the you and call the family here back in 2021. the 1st 5 men cause in the world solely by climate change. but a lot of people disagree with that. they say it's down to poor governance and to poverty. the truth, i think it's a combination of all 3 climate change that it's wreaking havoc around the world, causing devastation here in madagascar. poverty, 90 percent of my the gaskins live in poverty and poor governance inside and outside

the country. for the people, though, it's all irrelevant for them. these times is simply known as cat a. the hunger to discuss all of this i'm joined from rotterdam in the netherlands by patrick. the claim. patrick is the chief executive officer of the global center on adoption. good. have you with us all in counting, the cost, developing countries have been fighting for nearly 3 decades now. what change has happened to allow this situation to evolve right now? well, i think it has changed. so how for 30 years indeed, developing countries have fights it for moral justice to end the climate, a part regime where the global more for the polluting and the global found suffering. i think in at cop 27, developing countries made very clear. this has to and,

and they were very unified in their stance. the defining factor in why there is no, it is a global found on loss and damage is that the european union accepts it is sort of the fundamental moral injustice. there were the 1st ones to basically say ok, we're willing to compensate for the losses which you experience. but what we need from you in a ton is a strong commitment to the 1.5 celsius goal, which is that the world cannot warmer, more than 1.5. so that was the sort of package deal in charbonneau shake. was it an off time? will tell, and it is as you say, you know, about the compensation. it was a, a hard fought acknowledgement of climate damage and who bears the responsibility to pay for the repair? i mean, what type of the cost will it be in a for developing countries to say justice has been achieved?

when we know sometimes the physical materialization of money in the pot is when success can actually be seen. but that is precisely the right point. indeed, i think it's a, the mental breakthrough that the fund is now there. but let's look at the details. the negotiation dictated it. in the next 12 months, the fundamental modalities of the fund still needs to be opperation life. how much money, who pays? whereas the money going to come to, i mean that's all still up for grabs. so to say, as part of the next 12 months conversation. but we have a fund right now is basically a matter of trust in the sense the global. busy may have no promise to deliver this, but as you said, in reality, in the last years, we also have seen that the global north is not really reliable in delivering what they have promised before. shake the pair as agreement, commitment the global more promise, a $100000000000.00

a year flowing from the north to the south. how much is following today? $80000000000.00? yes. so we still far short. i'm not, not necessarily optimistic, quite frankly, in this regard. so that this money will flow, at least that it will flow at the scale required, but also it will flow at the speed which is really determined by the climate crisis if you should talk about sort of who pays and who benefits because but in indeed has also been a controversial issue as well because china is considered, for example, as a developing country. will countries eventually agree on that so as to who will end up benefiting from it? because of course, oxford university research, benito said it might just be what he describes. the placebo fund. well let's to me out for a little bit. i mean, what have we seen in the last 10 years? another fund was negotiate. it was a nouns were big fund far 20 years ago. that adaptation fund was being put on the

table requested demanded by the developing nations and say, you know what, we are suffering someone needs to pay for the adaptation costs and infrastructure in future care ready. and you will find jobs. well, how much money has been put on the table in the last 20 years in total, under $1000000000.00 a year? but that's of course, a big number. but what are the need for developing? well, just africa alone need $52000000000.00 a year. so they're all funds are ready in the u. n. system which were fought for for many, many years, which were agreed to for many, many years, but which are under funded risk pin. the trick then, because if we take that un funds, how, how influential the international financial institutions that are all so now in theory, going to be contributing to contributors to this, how do they change that equation?

but that was one of the sort of the breakthrough moments, the real historical outcome of cop 27, the climate from it in egypt was that for the 1st time, the multilateral development banks, the world bank, the african development bank, asian development bank. and i am f, y front and center wanted parties agree to day news reform. why? because climate risk translate into financial risk into macroeconomic risk. so day now is an agreement that the well bank will reform its business model that it will not just be traditional development, but climate smart event, which means that every dollar, every euro, which goes from the world bank into the fields, will not have this climate lend provided to it at the end of the day, it is not about the millions on the table at the end of the day is quite frank, not even about billions on the table. it's about shifting the premiums and for

that's the finance institutions which we have designed since the 2nd world war needs to become fit for purpose while bank come fit for purpose. but a challenge is up today, and that was one of the fundamental outcomes call 20 summer patrick, very briefly that yes, in an ideal world, that the finances would work in a way that could help developing countries and continents like africa and parts of asia. but then you also have those issues of conflict and we're seeing now obviously ukraine and russia and how about the impacting not just on europe on the rest of the world. so therefore, germany, for example, is now burning more coal. britain is talking about it. these are where you might say a spammer is thrown into the cogs, the wheel of development and sustainability you, nobody can predict it, but it does happen, doesn't it? how long do you think it's going to take for you might say the will to readjust if and when pieces declared between russia and ukraine?

yeah, so what we see now is these fundamental systems chart. you mentioned ukraine, but also not forget to recovery from cobra. would still is hampering many economies across the globe. and on top of that, there is the climate of crisis. what for me is fundamental is to realize we can talk about reparation recovery, but would it not be better to put our investment, but typically in the low carbon pathway to stick to the mitigation targets, which we have promised since 2015 that was in my world a big loss from shawn, i'll shake, we didn't really increase our ambition. what we promised last year we would increase our ambition. do we use a common footprint we didn't deliver? what we did deliver is a fund without money in its mean, is that enough? certainly, it isn't on your question in terms of how long will it take? well, obviously the conflict of ukraine will lead to even more fiscal constraints,

but at the same time, it's not just government resources, will have to come up and put on the table for the climate recovery. it is particularly the private sector needs to come in. patrick vicki and from the global center and adoption, joining us from rotterdam, thanks joining us on counting the cost. thank you very much. indeed. the britain's economy is in recession expected to push half a 1000000 people out of work that it's forecast to shrink even further. next year, the bleak outlook comes as the country battle decades. high inflation rate again comes to millions of people. and now the britons will have to tighten the belts even further. the government wants to balance its public finances and does announce a $66000000000.00 fiscal plan, which includes tax increases and public spending cuts. that means that small british people will pay higher rates of income tax and higher energy bills. it also includes a substantial increase to wind full taxes on the profits of oil and gas companies

and additional investment in schools and the national health service. however, big reductions in public spending will pushed back until after the next election in 2 years. jeremy hunt, the british chancellors plan could inflict more pain on millions of british people who faced the biggest hit to living standards. since records began. the office for budget responsibility predicts household income to drop by the most in 6 decades, down by 7 percent over the next 2 years. that's worse than what the government spending watchdog had full cast in march. the fall would wipe out the past. it is improvements, incomes, as the rising cost of living eats into wages. that'll effectively turn the clock back to 2013. to discuss the impact of the fiscal plan, all the british people and what it means for the countries finances. i'm joined from london by patrick parrot. green, patrick is the chief executive officer at p. p. g. mccray could help you with us on

counting the cost. patrick and the prime minister has such a very bleak economic forecast that he's presented to the nation and partly blamed it on the fall out of the pandemic in the war in ukraine. how justifiably can continue to use these shoes as an excuse for the woe is that the united kingdom is experiencing right now? i think it's really quite the get some most. i was trying to ben, sorry, regarding this sort of actions one requires doing all of them action and we should forget that many other economies of suffering 70 difficulties. and he's probably overlayed the grimness and as a deliberate tactic. so you sort of over compensate for that brief nightmare of what i call the cluster trust. and so it's, it's, it's, if you, it's still a game of make everything grin. hopefully things can be better. well,

let's talk about that. let's trust scenario and obviously jeremy hunts opinion of the countries finances and how to better the united kingdom financially a very different to what lives trust had proposed with her former chance or as well . i mean, how much of these proposals that we're hearing now are a repair job, and how much of it is that to reassure investors that they should be putting their money in the u. k. and not to worry, they won't be any more policy. you turns. i just said, i think there is a deliberate smith coming. shouldn't forget what she soon. next original policies were when he was chancellor unable chrissy or stare. and it's probably been a bit of an extra swing to reinforce that credibility. not credible as he has being has benefited investors. so we look at you kind of a bond yields that back to where they were beginning of september. and actually they are considerably lower compared to deals. and us treasury yields of actually

much higher the government bond market that had a stat up performance also look at pounds. pound is back at 121 for not harley overnight. low about one of the 3 and a half. and actually the pretty much it is one of the few major global stop markets that is up year to date. so investors seem to actually really love the credibility of the government. i mean, you just talked about the fact that she's due next opinion before as he was when he was transfer with all stare and jeremy hunts actions have made the countries see further into the sort of austerity bracket. i mean, what's your opinion now about the way that the government is talking about budget holes, increase taxes and spending cuts? i mean, what sort of noises are you hearing from your colleagues in the financial industry about whether this really is lauins but as far as the lectures concerned,

it was the tori's doing in bad shape in terms of hope. but actually the electric likes the truth and that actually there could be overdone downside, i think for example, a lot earlier on this week we have the lakes already numbers, but well, much, much lower than was full cost, but 70000000000 pounds low. so the res, fiscal room, then i think it's time we'll see less so sterile and they're very technical factors . why the, i don't really go for the story about the budget. hope a lot of it is sort of balance sheet related to so much of decades about that $25.00. that is inflation bones. but that the money does not have to be paid until those bonds mature. and most of those bonds only mature in about 20 to 30 years time. so i think going forward the world economy is clearly struggling, but i think we are actually going to find is most fiscal remove on the outside

going forward. so they've had to swing the pendulum to fall to sort of redress the effects of trust. but i think that pendulum has something for and if anything we might get some better news going the other way as we go into 2023 and 24. let's talk about 2023 because there is suggestion and potential for energy bills to rise in the spring. i mean, how long do you think jeremy hunt or jeremy hunts? i dares have got to prove themselves as the right way forward in a country that seems to be ever present using the word poverty across all of the social classes. wow. i mean i could see the. yeah, and i would say that i was just reading about the rising off trading and food bank usage. it is tough, but one of the things i would say about the government's policies is actually the very progressive. and i think when we get to the next years, energy bill is where we've already state that could be slower, hatchet,

global gas prices, and how the world's adjusted to the war in ukraine. so i, it's an honor and i think we'll see a more progressive policy. so rather than people like me getting a rebates, when i really need it. i think the policies with the next round will be more directed towards exactly those people who need it. most. we often heard in the last few months that britain wants to be a leader not to follow. and yet within the the g 7 it's often described now is having one of the smallest growth economies within that large rich group of countries. it's not a position that the united kingdom really wants to be in pacific going to be very difficult position to get out of. and to convince your g 7 and g 20 partners that you are forced to be reckoned with. economically, you know, i still, i think we are clearly still trying to be reckoned economically just because we actually look at when we talk about the technical details about g d, p growth,

german genie. hey, it's barely, that's where it will. so we're already but we are barely back to where we were as well. so i think part too much is made about g d p. and there is no flaws. what look at the, what you kind of what you has done in smooth gosti and crying apart from the u. s. being the single largest donor and equipment money. so i think that the cable continue to habits white. so i think there's a, there's another side equation that upstream, just because the very nature you take tends to get an excessive amount of attention brought to its importance in the global economy as a whole. or see what happens. certainly in the coming months and patrick, parrot green, thanks so much for joining us from london. great. the world cup isn't full thing and football as governing body fi for says it's $7500000000.00 in revenue from taking the told them to cut off. that's the increase of more than $1000000000.00

compared with the tournament in russia 4 years ago. the earnings were boosted by an increase in sponsorship deals, including count on energy and telecommunications. a redo fever invest most of its endings back into the development of football. baseball. its income comes from selling tv broadcast rights for the world cup. people also draws in cash through the licensing of its brand. well, the world cups important brand assets such as the names of the event, the trophy, the official emblem, and even the mascot attract global recognition. so how can there reconcile with the valley be protected villages? there is this all been job. it explores the role of intellectual property rights in sports finance with down tank, the director general of the world intellectual property organization. p. far in the walk up rates vary connected as well. well, 1st of all, this technology in the, in the will come, there's a lot of brands in the welcome that's broadcasting rates,

right. and all of that combine to, to meet and help fee for right to be able to, to, to be able to monetize the radio debug cussing, right from the fif will come will be $2000000000.00 and an ip rights and spots globally. right. reach 50000000000 dollars 2 years ago. so there's a lot of connection between ip support that people don't realize. so where does cutter come into all of this? because it is the 1st time that the cup is happening in the middle east has cut their been working towards intellectual property towards a knowledge based economy. why know katara cutters is, is, has ambition re, to be technology and r n d center as well. and just earlier this year, one of my senior colleagues visit katara and sign it, and we'll you with a couple of in the season. i mean, the harley fi you see, cause you see right? to see how we can bring ip training to the newest. the graduates, why? because i scatter diversified economy and is it connected? the wall, right? we need to support young, katara, innovators, entrepreneurs, creators,

researchers for and ip is there to the need to use to be able to, to bring the i just the market. but intellectual property is not just about big companies. let's find out how the organization promotes it. among small enterprises . we won ip, not just a what for big companies, what we want to work better for s, m, e, 's and start ups. our priorities for the next 5 years will be on women, youth and small medium enterprises. we were focusing on creating projects that create impact on the grounds that bring people in ip much closer together. so was ample re. we've just launch a project in the petra region of jordan to support 35 woman entrepreneurs in that region to use i. p s d, or as as ally to use ip as part of the business journey. we've just launch a project last year and you can do a right to support women entrepreneurs in uganda. the youth ip to skilfully as part of the business strategy to be able to market brand and the one package of products . so we're trying to, it's betty bring ip to the grounds and create projects,

right, where people viewed ip funded life is felt. we're trying to bring this to your type that i piece only for big companies and not with them. you're trying to biggest your time, the ip is only for the global, not, and not for the global self. and by the way, $7.10 ip now comes from asia, middle east africa and latin america sort of will as change. and that's our show for this week to get in touch with me by tweeting me at so underscore rahman and to use the hash tag a j. ccc. when you do drop us an email, counted the cost to thousands, dot net is our address, but the multi line college they have a dot com slash ctc. that'll take you straight to our page, which has individual reports, length of time episode. thank you. to catch up on that's it for this edition of counting the cost on the whole robin from the whole team. and so much for joining us. the news is next here on out of the from propaganda

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