part of history. those who know about secret things have a house like this. that's how did it actually going to bring. our cultural heritage foundation. history. our to polish. starts june 21st on d w. an existential issue for mankind that's how the united nations climate chief defines the stakes amid ongoing climate talks in bonn we talk to an expert. also recent unrest in hong kong forces businesses to consider what could be a changing landscape for them. and real estate costs are skyrocketing in berlin

driving the german capital to consider and on point that all solution to. this is the w. business i'm joined now on in berlin welcome thousands of delegates from around the world are in the german city of bonn racing to resolve outstanding issues in implementing the paris climate accord nearly 200 countries signed the agreement back in 2015 committing to limit the century's global average temperature increase so no road to no more than 2 degrees celsius above pre-industrial levels will have more on the issues in just a moment but 1st here's a look at how countries compare in terms of c o 2 emissions what 28 percent of global emissions china is the biggest offender the united states at 16 per cent comes in at number 2 germany with just over 2 percent comes in 6th place. but it's a very different story when you look at per capita emissions and that measure it's

qatar that comes out way on top the average person there emits over 30 tons of c o 2 each year that's twice as much as the average person in the u.s. and many times the global average of less than 5 tons per head now joining us this morning is that stuff on the if he's a climatologist at the institute for climate and research good morning now it's been 4 years since the paris accord has been agreed what's been achieved since then some countries have moved forward for example of great britain they have a climate lower they have a carbon price and they have gone almost completely out of coal now so their emissions have dropped back to a level last seen in the 19th century other countries like sweden and switzerland also have a decent carbon price in sweden it's $120.00 euros per ton of c o 2 emission now you've bench in carbon price and we said earlier that this gathering in bonn is

that there to resolve outstanding issues that weren't agreed upon before carbon trading is one of those issues in your view what's left to be done with regard to this topic well in most places in the world there is no carbon price so it is basically free to pollute the atmosphere was used to yet that cause as costs there much costs from extreme weather events for example and it's a measure of elementary justice that those that course that also pay the price that pollute to pace principle and also that gives innovative technologies clean technologies a fair chance while emitting c o 2 is free will always betting against this with the transformation to renewable energies for example so isn't this just the way for richer countries to be able to pay their way to be allowed to pollute. no it's not it's basically essential part of getting out of the c o 2 emissions because as i

said we're fighting against the market prices if making is simply free indeed now you've talked about the role of new technologies could you tell us a little bit more about what industries role should be and terms of achieving the climate goals. well 1st of all some of the fossil industries need to stop lobbying against climate protection and climate legislation it's been recently revealed that the 5 biggest oil companies alone spent $200000000.00. lobbying and delaying climate against like climate legislation and i think industry needs to change their business model to be compatible with their parents agreement rather than trying to cling to the old one and trying to undermine the implementation of the pair's agreement and what advice would you have for governments in terms of trying to combat this kind of lobbying that you mentioned from corporations to try and undermine the reaching of these goals where the governments shouldn't basically

listen too much to special interest lobbying but have the interest of humanity and their own citizens on their mind 1st and foremost but is there any way to ensure that that happens is there any mechanism to ensure that governments put humanity's interests 1st and corporate interests well i think basically the people have to put pressure on the government as have been happening now for example with the worldwide fridays for future movement where the students are demonstrating in the streets and we have seen already in germany that there has really woken up the politicians who really haven't they've lost the last 10 years in terms of emissions reductions and. she's last week she visited our institute for example she's putting climate protection back near the top of the agenda and that's where it belongs so that sounds like a rather hopeful development you are often quoted as saying that the future of

civilization is at stake whenever you've been quoted in the media do you feel heard . well not enough obviously because we have very little time to lose now we. currently we can still image worldwide around about 800000000000 tonnes of carbon dioxide and that is about 20 years worth of c o 2 emissions and then we've emitted so much that we can stay well below 2 degrees as stipulated in the paris agreement anymore so it's a race against the clock now because politicians haven't listened for the last decade to this science after all 1st official report warning for from global warming dates from 965 a message of urgency from mr stuff he's a climatologist at the institute for climate and research thank you very much thank you. seamon says it's cutting $2700.00

jobs worldwide mostly in its gas and power operations the division makes larger wind and gas turbines as well as other oilfield equipment siemens is carrying out an overhaul ahead of the planned spin off of the unit next year it says it needs to make more savings on top of the $7000.00 job cuts it had already announced. to hong kong now where protests over an extradition bill have calmed down somewhat but a crisis over the terms of its relationship with china looks set to persist what gets of analysis in a moment but 1st a refresher hong kong is one of the world's most important financial centers and busiest ports it's an enclave in china and has a special status in $80.00 to $98.00 britain obtained a 99 year lease on the territory in 1904 britain and china signed a joint declaration to transfer the colony back to china in 1907 mainland china

guaranteed civil liberties and hong kong including free speech and freedom of the press the territory it was to remain a separate customs entity and operate under a free trade regime and it would retain the status of an international banking center hong kong became an important gateway to china for western multinationals following the recent unrest over the extradition law international corporations with offices in hong kong fear that china is going back on that 984 agreement and that the rule of law will be eroded now here to discuss this further with us is d.w. business correspondent so he covers the region for us now could you please tell us could the hong kong protests could this have any impact on the economy. oh yes jenelle. analysts predicted that the controversial extradition bill that sparked massive protests could damage the city's economy and especially its

relationship with the united states threatening hong kong as data as the loss of confidence of the withdrawal of foreign investment in hong kong businesses and as that now after the extradition as tradition legislation is indefinitely suspended we know now of course that people think that it's not that serious right now but still we have to be very careful because the political instability adds to a list of weakness that have been weighing on our look for the world's most expensive property market. you know we've heard that some of the hong kong rich they've started moving their assets offshore as fears over the unrest grows is that really happening. yes well there are some cases but i'll say fears of the business community are understandable reason events

do under my hong kong attractiveness and we heard that international corporations that have been proposing to invest in hong kong and now more inclined to consider other options but hong kong is still far away from what it will say a 4 scale of flight of international capital for now at least hong kong position is still secure thank you very much v.w. business correspondent soham so there he covers the region for us. as in most big cities the cost of rent is a burning topic in berlin where apartment prices have soared in recent years the city is now mulling an unusual plan freezing rents for the next 5 years but critics say that could get complicated. berlin once described as poor but sexy has long been a magnet for artists musicians and young people in search of adventure.

but the german capital is no longer as cheap as it once was over the past 10 years the cost of renting has doubled salaries on the other hand have not. as investors a bought a bold buildings on them up and jacked up the rent public anger has grown. prompting authorities to impose a 5 year rent freeze. he isn't off and he can end the plate and and for these developments are completely out of line with salaries and give me time this is a signal to landlords who have been charging on reasonable rates and ignoring existing laws because it's a she couldn't get on the. tenants are breathing a sigh of relief landlords say the new rules will leave them struggling to pay for the upkeep of their properties. compared to other cities living in berlin is still relatively cheap the average cost per square meter is $13.00 euro's. in the french

capital paris it's twice the. u.s. trade negotiator robert light hisor is sticking to the trump administration's tough line on trade with china lite hisor told the us senate finance committee that trade barriers are needed in the standoff with beijing because dialogue hasn't hadn't worked he said tariffs alone are not enough to stop china cheating light hides or encourage firms to move production and jobs back to the u.s. where there was no threat of tariffs. to our drugs and that's it for me and the business team here in berlin for more business news and features check out the w dot com slash business thank you so much for watching.

mum. comes. to take us to her mum and faced some. tough year of just such the up. and the fight for the trust. to overcome boundaries and connection to

a. time. and you don't really use coming up ahead. mines. take a person. with wonderful place to make the game some special. true fan. club. above more than football on mine. welcome to arts and culture of w.'s news from the creative world today we look at how artists from outside the west are flipping the script at the venice biennale it also on the show. the target person who wins germany's top peace prize for exposing the threats that face humanity. our planet.

and on our series planet berlin how a man born in turkey or wound up running one of the german capital's premier jazz clubs. but 1st off the venice biennale is often called the olympics of the art world it's where people go to see the best of the best from around the globe also the weirdest we are. this year's top prize goes to the lithuanian pavilion for this installation called the sun and the sea it's about climate change but the piano is also expanding inside well beyond europe more than ever before non-western artists are telling their own story. and scott roxboro is here to tell us more about that scott welcome to the show so for its 120 year history of the venice biennale it has basically been a celebration of western art it's not been very diverse how are they going to

change that yeah i mean it's a big big issue i mean one of the artists with black artists a few black artists who are.