tv Business Deutsche Welle January 21, 2020 6:15pm-6:30pm CET
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she told the attendees that no political ideology or economic structure has been able to tackle the climate change emergency and chinese state media says 6 people have died from a new strain of the corona virus almost 300 infected officials have now confirmed the virus can be transmitted from person to person in airports in china and abroad every gun screening travelers from the affected region. that does it for me do know your business is up next with my colleague at monaco just now so you can at the top of the hour. list group who could ever know you're going to be on a we're going to be. insupportable. what's a big. box. to do the work.
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i'm not often out at the gym well i guess sometimes i am but i stand up in. research i don't think sneak into the german culture looking at the stereotype quirks put in here think the future of the country guy not. even seen the picture his grandmother. do you know it's cold out there you know i'm rachel join me to meet the gentleman from d.w. . post. business wants to tackle climate change that's what the theme of this year's world economic forum in davos suggests watch today's main speakers made it clear there's still a long way to go because business interests going hand in hand with environmental concerns. also coming up an invitation to davos cantos will charge the agendas of act. this from around the world we look in on
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a totally different kind of entrepreneur. and today cape town cleans up its act by upgrading its wastewater system. come to do business africa jones and berlin good to have you with us in the results business and climate change took top billing the 2 leading figures on both sides of the environmental debate that staunch trump and greater to merck use the platform of the global economic forum in davos to push their respective messages on a trump was all about business and investment in the u.s. dismissing fears of environmental collapse and heating out of the quote perennial prophets of doom a clear reference to teenage campaign attune berg who merely repeated her message with a definite hint of sarcasm that nothing has been done to avert the climate crisis. and with that it's over to our good us who is part of our very own davos team
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javier good to see you so the role of business in tackling climate change is high on this year's summit agenda other speakers so far fit the bill found the right. well monica if something is very remarkable at this year's world economic forum it is the plurality of groups that are represented here and that of course means that you also have very different perspectives of what the right tone is businesses are very eager to show the efforts that they're making in order to tackle climate change in order to make societies fairer and better with lots of initiatives but at the same time we also see one important point that comes up very often and it is that companies do still need to somehow do business as usual in order to even be able to introduce new technologies or to introduce structural changes that can achieve those goals so you will always have that combined perspectives it is easy
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to agree on what needs to be done it's not that easy to agree on how this has to be done and especially when and that of course plays into the demands that we see for example from the great a tune back who wants things to happen immediately yeah of course from talking about how it's done and when it's being done to actually doing it is probably the most most difficult step especially for business in striking the right balance between social awareness and profit margins and you actually caught up with a representative of a big company of siemens. that's right as c.e.o. in nigeria. was talking to me earlier on and i specifically asked her about that demand by gate to tune back to stop investment in this case in fossil fuels immediately we know that siemens has a big and bold investments in fossil fuel still and i asked her what she makes a very quest like that. i think it's it's a fair request coming from gets
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a term because that is what she's she's driving for its consciousness are on climate change up on the carbon footprint creating a sustainable future for the for future generations how we see that in siemens we take that very seriously as well and we are at the moment as the energy company very active in the education value chain seeing how we can optimize that value chain to make it more green and climate change friendly we are very involved in various groups that are assessing the impact of new technologies that could transform that space we're looking at hydrogen based fuel solutions for the pa generation space however these things take a while to develop and in the meantime we have various consumers and customers we have all the stakeholders who we have a responsibility to support with their own object is so what we're doing now is we
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are partnering with various organizations to set a long term agenda to transform their. value chain to make it more climate change compliant but in the meantime we're also looking at the short term objectives and how we can continue to help them drive their economies their businesses by providing a cleaner gas based solutions or fossil based solutions and these solutions are actually for some countries critical for their development critical for stability so there are 2 sites every coin and we believe we have to be responsible to both sides just a brief yes no question back in 20141 of your managers bush said that any commitment to stop investing in fossil fuels would be in the very long term do you think that has changed that perspective by now it was another time back in 2040 what roland bush might have meant is the complete transition away from fossil fuels will be a very long time and that i agree with bill. cause the sudden economies that are
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oil and gas rich it makes more economic sense to have solutions that are can be. energised by available for all sources otherwise it's expensive and then unachievable and we're seeing how critical economically a medication is to economic growth and to stop billets various countries around the straightforward answer there from the c.e.o. saying that's not geria in conversation with gave us who is in davos for us how do you thank you so much this. now is capitalism a facing growing skepticism around the world a majority of respondents in a recent worldwide poll by you with p.r. from edelman say capitalism does more harm than good and they pointed especially to the growing inequality of recent yes us food for thought in davos where some young entrepreneurs say business now has to change to answer society's problems. getting around in davos can itself be
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a challenge some venues are locations as now to do the 1800 meters making them accessible only by cable car for social entrepreneurs among them martin bought it's worth the journey to draw attention to what they see as the world's most pressing issues business cannot continue as usual business just for profit maximizing profit destroys the planet and destroy the population. some 20 social entrepreneurs have come to davos at the invitation of the shot foundation and the world economic forum they're demanding a new kind of capitalism. no time in history has it become more important for us to look at this concept of stakeholder capitalism we are facing such widening inequality so a sense of non inclusion of everyone that i think the time has come for business government and social entrepreneurs to really understand how each other works the
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social entrepreneurs acknowledge that change won't come overnight but the concept of uniting business with social change does appear to be gaining traction. for me being a social entrepreneur is identifying a social problem seeing what i can do creating the solutions and then taking them to scale working with the government or the private sector so that they can be included in the system. the winds may be changing but some say not fast enough while the work of social entrepreneurs may now be acknowledged there are often still fighting to be heard listen to the people listen to what young young men and women are saying listen to what people are saying in the villages the good news is that we have technology today so we can have in addition to a top down effort like the world economic forum
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a participatory bottom up approach. to the exhaust launch of printers have come from around the world to be in davos. their message there is a fairer and more sustainable way of doing business. is not to cape town now which is currently upgrading its aging wastewater treatment plants and that is necessary because the lack of upgrades in the past has started to affect the health of citizens of cape town in 2018 the south african city narrowly avoided having to switch off fresh water supplies and now it's investing in water infrastructure with the help of germany's k f w development bank. here on the outskirts of cape town construction work is in full swing the san felipe wastewater treatment facility is currently being upgraded financed by a loan from the german development bank the k f w. the upgrade of the sound fleet facility is long overdue.
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the foam on top of the wastewater is a sign that the plant is struggling to keep up. cutting to the problem does the 72000000 liters of water. flow into the prongs is. so you can see that the prong is overloaded in terms of the amount of flow that's to see in cities and why we need to expand the works the neighboring suburb of khayelitsha is growing rapidly as are most major municipalities around cape town but that's not the only challenge for the city. flashback to 2018 due to a severe drought cape town's dams had run dry. residents lined up to stock up on drinking water day 0 was looming through strict last minute water restrictions cape town escaped the catastrophe. for city councillors anthea limburg the water
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crisis was a critical learning experience. the city did learn very important lessons from the trial for one of the key to this is the need for us to not be entirely dependent on surface water from brain damage because there is a risk all of the future rainfall patterns remaining very low and we have seen this being the case last by winces future droughts and a fast growing population are major challenges to the water supply in cape town and its surroundings. especially in informal settlements poor water quality endangers the health of residents. cape town has been learning the hard way only by investing in water infrastructure can the city be made fit for the future the upgrade of the sun fleet planned scheduled to be finished by 2023. south african airways has canceled several domestic and international flights in
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a bid to stave off financial ruin the alan is running short of cash after the government failed to release another batch of emergency funding the cancellations apply to 20 flights between johannesburg cape town and to durban and 10 international flights to and from munich the state owned companies problems have helped to push south africa's credit rating to the brink of junk status. just recapping our top story the 2 leading figures on both sides of the environmental debate that's donald trump and greater challenge both to use the platform of the worst economic forum in davos to push their competing views of the role of business and climate change and that's your business africa for now thanks for watching.
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and face. time you're on just such the up. and fun for the troops. time to overcome downtrends and connection. it's time for. a new deputy a scumming up ahead. mines. this is the news africa coming up in the program the power of language called pigeon the possible solution to conversations suffers this crisis or the people who use it it's taking forever it's also coming out. in a way hungry on the forgotten we'll bring you the story of one online campaign that wednesday viral to help these sudanese light.
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