and moving back, it started melting off. there is something deeply wrong in destroying something. we cannot create us why 6 fluids have the lowest beginning to hold multinational to account or connected s neighbors by those images. and how the i do is giving nature legal rights is altering our relationship with the planet. this is what is all about, is about ensuring that long equinox planetary justice on al jazeera, the other line, adrian said again, this is counting the cost on. i'll just say right here we can look at the world of business the comics this week. the scale of the damage cost by spain's floods is set to be in calculable. cost is whether it's solely to play into the devastation or there's a lack of preparedness for climate change. also to play well on cost is stranding

the palestinian economy as well as agreed to allow its banks to co operate with kind of city and ones. but we'll extending the lifeline for just a month to make any difference of africa as a bundled energy resources could transform economies on the concept. they can also help dwells laker, transitions of clean energy that it seems unable to pump into its good fortune. we'll take a look at why that is the it is spans, was natural disaster and recent history and some scientists are linking it to global warming. devastating floods across the eastern region of valencia have destroyed roads, railways, infrastructure, and businesses. and they've covered entire towns with month recovery efforts are still underway with the nation's biggest piece time recovery operation. but the total cost is expected to be enormous. the government of truth with $11000000000.00

in loans and grants to help stones and flood victims. but many spaniards are outraged by what they say is the slow response to the crisis of a lack of warning in advance of the flooding. the criticism is extended to the rest of the european union with concerns about the blocks preparedness for climate change. victoria k to be ripples they deadliest floods in decades. of course, the country, the hundreds of people have been killed. hundreds of millions of viewers and needed to rebuild the devastated region. in one area of valencia years worth of rain fell in one day's notice. there was no warning in 20 minutes. everything was covered in walter valencia's regional government sent out a text message warning residents of the stool. 8 hours after the 1st lots were reported. it was too late for many who found themselves trapped in low line home shops, roads that were quickly overwhelmed by rapidly moving flood waters. i see they've

got this perfectly and it's just catastrophic. it was like a reservoir here. there was no way to get rid of the water. it's terrible to cut out stains where the department says a rac hold funds moving over the waters of the mediterranean, caused atmospheric instability leading to exceptionally heavy rain for another example, it says that extreme events caused by climate change all these se on controls of and development of the valencia region contributed to the scale of the flooding. that's been a lot of urban development people moving into the area a huge population densities and some places. that's one of these changes to the way that the cities function mean that the more people are at risk. you are paying commission president us, you live on july and says what happened in spain highlights your ups unpreparedness . the climate change in just a few months. flats have hit central and eastern europe,

it to the most spain. this is the magic reality of climate change and we must prepare to deal with its own across our union. spanish authorities have released emergency funds to begin repairs to roads, railways, and other infrastructure. but total reconstruction costs are expected to be staggering. stains prime minister sit outside how is needed. i mean, honestly for them. okay. so we are in communication with the european commission and we've become the procedures to request aid from the european. so out there to find out what the use of, of the community support resources from the european union. the government says, all the resources of the state will be directed to valencia to help people rebuild the shafted lives. but many here, angry at the slow response to the disaster and trust is in short supply, victoria gates and b l g 0 for counting. the cost of joining us now from munich has

talked to the sheriffs chat of environmental and climate policy at the technical university of unit continue with this. miranda was climate change while the regional government in valencia to blame for this, the shift scale of this disaster, or maybe even the national government in madrid. how the 3 into linked. certainly climate change played a big role. we've had years of drought in spain followed by a years worth of rain in a day and saw, you know, that just couldn't absorb that water. but at the same time, governments need to be prepared for what's coming with climate change. and that means the need for a very rapid and effective early warning systems, sirens, communication messages that happened before the flood hits and not after. we've seen the same problem elsewhere, also in germany a few years ago with the river catastrophe. the same thing happened was too late,

that the warnings came out, so it's a european problem. and within spain, we just haven't seen enough attention being given to the need for redesigning our urban communities that are growing so rapidly to deal with these southern kinds of rains. we need sponge cities that can absorb the water and not just have that water flow through paved cities where there is no way for that water to be channeled to the sea without flooding entire cities. and what about at the, the, why the e u. r e. you states taking the threat of climate change seriously and how far they investing enough in preparedness, of the use certainly has climate change height on its agenda. it's this established many different laws to try to change the causes and, and reduce the emissions coming from greenhouse gas, burning climate adaptation is another part of the picture. climate adaptation means

getting prepared for the changing weather conditions that we can expect in the years ahead. that means periods long periods of drought means periods of heavy rains. it can mean very strong storms with super high winds. and all of this requires us to rethink how we can make our cities in our urban infrastructure more resilient. we need to be prepared for mother nature, letting out its fury and um, being prepared to deal with that as best as possible. and that means everything from the rethinking infrastructure design, working better with nature. we've removed nature from too much of our, of our urban areas as well as from the rural areas for us to have been a decimated. we have taken away the natural flows of rivers. we need to re think

how we live with nature rather than living against nature. what about the cost of all of this? miranda, who pays, who compensates those of us who are affected by climate change related disasters in spain, it's the natural disaster insurance agency is beginning to compensate victims. what does it mean for insurance companies and how much money governments have to set aside to compensate people? so that they can rebuild you know, the costs are enormous and they are climbing the european environment agency put out a report last year that shows that just in the previous 2 years. the costs, the damages cost from natural disasters linked to climate change are almost equal to the entire economy of hungry for a year at norm. a sum of money and the floods in spain are going to be

astronaut, unlikely. expensive insurance companies cover a part of those costs. but much of the cost is not covered by insurance companies. and that means that people are either left on their own or the government has to come in and help. and governments are already overburdened with so many costs. and so this also goes back to your question about planning. we need to be doing longer term planning. that helps us think about what kinds of investments are being made so that we've become more resilient. because if we don't, we're going to have the next slide and we're going to have the next drought, and it's going to cause massive damage. and of course, that affects the lives of people that affects the farmers that affects the cities. we've seen the other said, said depths that occurred in spain earlier in other places in europe. so yes,

we need to rethink how we invest so that our investments are done to better prepare against these costs, which will significantly rise as climate change continues apace. talk to it's been really good to have you on counting the customer out of many thank some dates for being with us. thank you so much. i of israel's war on guns has plunged the strip into a catastrophic humanitarian crisis. the economy in the occupied westbank seen as the core of any future kind of city and state is also suffering a tax bias where the soldiers and settlers, as well as roadblocks and making it difficult for palestinians to move around and work in the occupied territories. meanwhile, around 150000 palestinian workers have been denied entry into israel to work on the pressure from the us as well as finance minister has agreed to extend cooperation between israeli and palestinian banks. the wave will allow the palestinian authority to process shackle payments for services and salaries. but for just

another month, washington says the move creates another moving crisis. and one of the regions economic collapse sent to them on ripples housed in, in workers. and israel used to bring much needed cash to the occupied westbank. they made up an estimated 22 percent of the workforce before the war and gaza began last october. but since israel banned their entry, they barely make up 2 percent according to the international labor organization. in the same period, g, d, p in the occupied westbank has dropped by almost a quarter, and unemployment a sort, almost 32 percent. another obstacle facing the economy is that the palestinian authority does not have its own currency. it uses these rarely shackle policy, and banks are forced to rely on there is really counterparts to process transactions on a one month extension to an agreement allowing is really banks to cooperate with palestinian banks was recently signed by israel finance minister beds,

a little small fridge but only hours before the deal was due to expire, smokers and priority has always been for linux, a arctic station of the west bank and continued south of the building in the west bank. so he wants to have the finances and the tax revenues as a card that he can use in exchange for a license from the government to continue sectioning, the supplement building and legalizing the supplements already built there. in a rare joint statement, us x ray of state as need blinking, and us treasury secretary, janet yellow and cold for israel to extend the deal by a year. they said, unfortunately, the very short term duration of this extension creates another looming crisis by november. 30th, exacerbating uncertainty for international banks is rarely companies operating in the west bank. and most importantly, for ordinary palestinians who bear the greatest brunt of such on certain date in

the occupied westbank, it's difficult to miss the devastating economic impact from the war. people say, every day the conflict continues, it adds another burden. one, they may need decades to recover from benton monahan. how does era for counting the cost from ramallah with joined by roger asked the lady who's the director general of palestine economic policy research institute good to have you with us. the palestinian territories were ready very economic fruitful according to the will bank. what would happen if palestinian banks remain cross off from israel's financial system? are they still able to do business by international thanks. yes indeed they are. um they continue to, there is a post and in swift, theirs is there, a direct goes then in banking relations to press the world. but that, that those transactions only account for a small, relatively small percentage of the total transactions i say. and if it has been any

time, so compared to the $1312.00 to $13000000000.00 a year of trade, a tax revenues that are transferred to the government workers remittance is that that's the number, the level that you had until october 7th, last year. uh, compared to that, the transactions with the rest of the router and the small, you know, one or $2000000000.00 and hands cutting off with mean pushing the bows. then you know, our economy to the extent possible, integrate our trade and financial transactions was with george through jordan with the rest of the world, the goal, etc. so this is part of one of the, you know, one of the critical impacts that this is the decision. this is, is order for this labor is not renewed, the sort of impacts they were talking about or, or multi, multi, multi level. yep. that is only one, it's one is one is,

is the reorientation of trade. another one is, is the financial ization of the economy. and the other one is the cash uh, black market. uh that will, that has actually already started taking uh, phone shape in foreign exchange. so i mean, you know, it's one of many of several sanctions, the smart rich. but let's not over personalize. this is really government under prominence, significant, you know, with a very appropriate amount for all of this very possible financial rush, or you alluded to it and in your answer that but how much money crosses between israel and the promised in the occupied palestinian territories in terms of trade every every how much is, is that trade where a trade trade is about $5000000000.00 clearance revenues either the tax id is 0 transfers in the shape of to the post in florida on, in boards on trade is another 3 are approximately $1000000000.00. and then up to

recently you have another or they're about 1000000000 of work has a income from work. all right, all right, so that's around 12 and 13. and i think the 13000000 was mentioned in the 1st letter of the g 7 when they wore smartgate. so, so kind of either economy or for the continuation of, of, of this if, if the wave isn't extended. i mean, it's around just a has as much to lose as the occupied westbank doesn't that as well. so far as you know, so far, this is great, a great degree of marketing certainty and, and, and that, as i mentioned a burgeoning but a emerging blackmore and a why degree it cash of shifting to cash rather than the find out, you know, banking a transaction now for us, it's a bit, it's a major challenge. always because of, you know, the shackle is the main currency in circulation for years or no,

i don't think they see, it currently has an economic age. you know, economic relations is going to be an issue since 94 have been basically a security file which is really, you know, part of the security file in terms of israel's control west. uh, okay. and his, and his ability to contain any sort of separation. now this move part, optically the power has been, you know, experts and the b 8 has been calling for many years for what about this engagement from the colonial dependency i'm use for the economy. and you know that it entails lots of investment and productive capacity. and changing your, the direction of the trade center, which hasn't happened in a major way. possibly, israel is now forcing that separation to proceed. so you know how it will take shape. it's going to be a very, you know, already is, is widespread. employment has not picked up in the wake of a year of their number of political pressures building in this economy. but

ultimately, if israel wants to play that game, it's going to pay as well because whatever trade will remain between israel, most likely now we conducted and passed between published indian traders or borders . it is rarely inquiries. and that of course, will create major headaches in these early economy, which is moving towards the castle. is like a transactions for the last years. really good to talk to you, roger. many thanks indeed for being with us but of israel's war on guns. and it's quite offensive in lebanon. have we can, it's economy, the cabinet is approved. it's war time. bunch it for next year, marking a shift in priorities. the $163000000.00 plan includes increasing defense funding, causing spending and hiking texas. but some opposition leaders have criticize the budget for maintaining funds to religious and nationalist causes. they say the move is meant to a piece prime minister benjamin netanyahu as far right coalition members. and it

does a little to boost growth. a russian course has demanded the tech giant google pay around $20.00 the cillian dollars. that's 24 by 33 zeros most of all the money in the whole world. i don't honestly, significantly more than the 2 trillion dollars, but google is was rushing media outlook obviously as the find is the total amount demanded by 17 russian television channels and other media outlets who's output has been blocked from youtube. the case started in 2020 it escalated off to russia's, is may invasion of ukraine. 2 years later, the china wants to of a whole to 1000000 lift. so elevates is an aging of pump and blocks, as the residents also grow older. but the nation is struggling to find money to fund the project. authorities are offering only partial subsidies out of pushing tenants to cover the costs. some lift manufacturers of said they will pay for the installations and recoup expenses later from residence. the lists,

equipped with face scanners charged residents, a small fraction of a dollar per ride africa is a wash with big oil and gas discoveries. the confidence solar and wind energy is abundant to the results could potentially transform the economies of many african nations. despite that, more than 600000000 african people have no access to electricity. leaders are now trying to attract funding to help turn the energy fortunes into revenue. but multinational institutions on putting money into fossil fuel projects in order to help fight climate change to investments by western companies. us gas and corruption is hampering the confidence development. african leaders discussed ways to end energy policy on the continent by 2013 cape town early. this months during african energy week, the largest gathering of energy stakeholders on the confident was aimed at signing deals and attracting more investments. african nations say they should be allowed

to exploit the oil and gas results just because they hardly contribute to comp and emissions currently. meanwhile, a coalition of oil producing african countries is taking $5000000000.00 to launch a so called energy bank to fund projects on the confident, separate they soaring petrol. prices are pushing nigeria and drive us to switch to natural gas. the government set a target of $150000.00 vehicle conversions by the end of the year. but critics question the cost of the shortage of petrol stations that offer the alternative fuel, even in the countries major cities, i'll just here is i'm gonna address repeats. attracted by cheaper fuel, more not getting motorists making the switch to compressed natural gas. looking at the costs of crap. so do you mind you out today? it is not not book that's friendly to be running my car on petrol. and that's the reason why i switched to c n g. saving and guessing the new says gibson,

the opportunity to spend more on for your lesson. the obviously is this conversion center one of 2 operating in the capital up into your vehicle. you'll be able to have a couple of minutes of using mortality for us. all right, so you have the advantage off and the buttons to choose. we do offer you want to use that juniors declare 2020 to 2030 advocate of gas expending its gas infrastructure loss one year we wouldn't be able to truck by itself about 250000000 dollars and directed investment. these investments have gone to the increase increments in the number of conventional st as it used to be just 7 of them. today we've identified one on, on states in the country. concerns about see and do. safety is holding a lot of niger and motors back despite the shoulders by government. this is us the university in g gas explosion. recently nigeria, the government seems to have 1000000 vehicles which will feature to use compressed natural gas by the end of 202500000 also because have so far mr. sweets also be

thinking 1000000 also because currently on i did and roads officials say the fuel will help eliminate many on the federal supply telling just looking for some genuine for decades. although conversion to c and d slowly gaining traction something i get into an entirely happy. so we have to queue for like a beat on q for more than city, which i've used the productive i. so i want to do to come on to, to others. i worried about the cost of retrofitting a vehicle which ranges from $500.00 to $2000.00. if you take a lot of funded a lot of support also from government in governmental ready to put in that support . the government says it's working to resolve that. we have seen a progressive expansion from what you used to be to where we are now expanding the footprint shore additional states. now judy has $206.00 trillion cubic feet of gas . domestic utilization is very low. in some cases,

their souls is simply flat. the government hopes, deepening, domestic guessing july zation. what i do is look of demand for petroleum, which can be exported for forwarding exchange. how many degrees? i just gotta make us joining us not from cape thomas, n, j i a cruz, the executive chairman of the african energy week. i'm the executive chairman of the african energy train, but particularly enjoy why it has africa been unable to tap into its vast energy resources and bring energy security to all of its people. what's holding it back? we have content 2 days, 600 video. now if we don't have that access to electricity, $900.00 without access to think of the technology as most of them we, we are facing their financial crisis when he comes to find on the bid renewables or natural gas developing, financing and investments into energy energy infrastructure are really driving up and then do a little bit has been almost credit card need right now. that's why we stuck in an

image of crises as we speak today. not forget, showed africa be able to exploit. it's vast fossil fuel reserves over and above agreed emissions targets should, should africa be excluded of costs? i think i should be as good as bring how's gas emissions are less than 3 percent. we are not the costs of the climate crises that we have a credit card need for energy in the con. then you cannot do got to content with this much need on a lot of people that are still trying to cross and maybe carry input dropped in europe. i don't get to make by the chance, i know what to do here with so much abundant natural gas so much are you. there is no need for africa to a band or use resolve. that's why most african countries are establishing a drill baby drill energy policy, because this is time for them to drill resources to be able to live, to the people at the same time, bringing the renewables. each one introduced these down because we started buying

our re issue is, are yeah for i, we need to have an attitude mixed content. and that's what is needed right now. but when it, when it comes to renewable energy, what are the challenges in financing? it does it need international processes to help transform renewables in, in africa and renewables use, or is it something that it can do a lot of what do you think of this? this idea to set up an energy bank to fund energy projects in africa or cause i forgot to use it in collection of products. once welcoming collection upon those are going to count yourself to create a nibbling environment to attract point investment. because you can do these on your own and your band is so important right now, because it's going to be a transformational bank that book it on the field. and it's going to find a lot of renewables as we do things also. but most importantly you have to. ready pay attention to where those funds are coming from. we bought $300000000.00 span globally on radio, about the world in just about $3000000000.00 came to the african continent. most of

the h we international companies are very low to getting to african come companies that has a change. we have to turn that around. so that's why does the need for african funding to really drive that because we have the song, we have the mean, but sometimes the sun wouldn't roll for ever. we wouldn't shine your song when it's trying for everybody to win. wouldn't model for ever. you might be natural gas to deal with the some you can see under based on so we would have to do that. i would have to fund a lot of that ourselves. why walk when we get enough, but not to continue that funding. it's free that we need plenty of people have been in the continent. enjoy your spring. really good to talk to your account of the costs manufacturing. thanks for being with us. um that's, i'll show for this week. if you'd like to comments on anything that you've seen, i'm at a finnegan on x. try to remember to use the hash tag h a c t c. or you could drop us a line counts in the cost of our 0 dot net is the email address. as always, there's plenty more few online, and i'll just do i don't. com slash ctc,

that takes you straight to a page and then you'll find individual reports links at a time episode excuse to catch up. but that's it for this edition of counting the cost i made for you instead of going from the whole team here. thanks for being with us. the news was a 0 is next to the just weeks after the us selections. brazil will host the global leaders of the g 20 summit, designed to seek agreement on global issues. but with an outgoing us president vladimir putin refusing to attend, how much can be achieved in these on certain times? follow the g. 20 summit on al jazeera, shooting the doc chapter in the cause of a war. they just took our id cards, mailed them, they asked him about his name, the killed, the prison, the scene of unspeakable horrors. so i saw

a pile of bodies. we had little questions about how these men come to be dead. that goes over to bravo. i must have shut those jersey to the unique perspective. we don't want to head to well, but we no longer have any private spaces on the incident. that's a scary well on heard voices a year into this genocide, it still remains large. one section to connect with our community and tap into

conversations you will find elsewhere, but humanity, the number of people who want to stop sending weapons has gone up and up despite what they hear in the mainstream media in the united states. the stream on out to 0, [000:00:00;00] the, [000:00:00;00] the problem so robin, you want to know, does it renews our life from coming up in the next 60 minutes and is really try and try and catch a come for displaced people in central gaza sensing parts of its own fire children are amongst the victims us present to elect donald trump analysis as late as