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tv   Eco India  Deutsche Welle  October 14, 2020 10:30am-11:01am CEST

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about 5 of. them on them have getting rid of parenthood using brighter. our 2 part series the 3rd reich. starts nov 12th on d w. money is the driver of modern life and what it's needed to pay for the clothes we wear for the food we eat and for nearly every aspect of our lives while it's used for so many good things it's also behind some of our bad choices as a species like the destruction of the involvement to leave it for example get me you examine these choices and use money as an incentive to protect the environment
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that's what we talk about today hello welcome to eco india i'm song coming to you from mumbai commercial agriculture it is one of the biggest reasons for before the station accounting for 14 percent of all the tropical trees fell between the u.s. to positive and 2010 according to u.n. figures in regions like the west on cots in india local farmers are having to cut down trees to make ends meet to support their agricultural practices but a community project is turning pings are bound for the reach of. the forests around the bridge none bludgeon the western india to its people especially because of his baby doc agrees. they don't only go where they are also the home of the great horn with that the red fruits from the crease. dug 2 and 69
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year old. romani are the heads of $32.00 well it is around the area they know of the importance of the crees we are tired of this trio hornbill is here from ages and is being respected by our forefathers from generations the age of this tree is not less than 225 years whenever there is any function in the village this tree is worshiped 1st. the western ghats a mountainous region running to the south of mumbai in former times there was a unique rain forest here not much of it is left many large productive crees would chop down here a few years ago to build the shrink. and due to economic pressures locals a core group of the sick recreate the makes place for livestock farming however there are many grandfathers contained precious treasures the fruit of the baby doc
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a tree known ingredient in the i regret the herbal medicine industry the fear while function has developed a business idea from this local harvest the fruits of the crease. one of them is to get old roger. he has been a permanent member of the project for eighty's. and. up with no example of reverse migration was leaving for mumbai to do a job as there was no one in the family or arming livelihood at the railway station very present to develop a nature connect on track to me and suggested me for the job of collecting. them in job growth. creating income for the local it's an important concern approach if they no longer rely on the family they don't need to chop down the
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crease the fruits are dried and sorted by the view of the growing of them and take of the seeds. not among the famine is 25 years old evolved. he did promise that i come here to actually my live with my husband and all those who are depending on us here good to see you those eating. habits and most of them want that day. journey and so not just go director of the fair while back to nature connect project teaching the locals to live from the fruits of the old greece is one aspect that matters to him another one is their contribution to climate change defaulters abia saving in the mist and cards sequestering 11000 carbon in one acre so if we say that in the last one year we have saved 2000 acres of forest plates in c b 200000 tonnes of carbon dioxide getting released in the in the atmosphere.
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of the fruit have been dried. to make model but none of which are used for care for them a mixture of pubs used in i would think madison i mean one in 20 communities make their living from harvesting processing and crossposting to fruit the income last year alone around 100000 year. about 1000 of the old trees could be saved from before the station and that is another property of the home but it nests in the branches or to be productive. if you do intensive before the station the population of these rare birds had declined enormously thanks to the project the population is now recovered we found that the out of our nesting sites up going to mystic sites around $23.00 of the
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things i'd read on the tree will be in the nobility crown so it was very clear that if we are going to save the beleaguered trees we have saved the great hundreds the project not only ensures that crease are protected from being cut down the survival of the baby doc resist taken care of by the whole bill itself. as a so-called farmer of the forest it ensures that the seeds of the food spread again . planted and don't call these go hand in hand many a time history has. come from investing in not. conscious companies seem to be smaller. more and more investors want to be assured that their money is being human in a socially and environmentally responsible. 20 years 2010 drilling rig exploded in the gulf of mexico leading to the largest oil spill in history. ports revealed that the attempts by oil company b.p.
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to cut costs and maximize profits could lead to the disaster. taking its toll on. the incident illustrates the frequent conflict between the planners and shareholder profits. but what if it didn't have to be this way. very stressed around outsource. all this scandal some investors that sold their b.p. shares concerned about the company's record on environmental social and governance issues so they avoided the stock crash that followed the oil spill. these 3 metrics are now called e s g and they're defining a new way of investing that promises to reconcile climate and profits. but can they
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deliver. cynical as the financial world might seem ethical considerations of always played a role in investment decisions. the origins of responsible investing traced back to 1758 when some religious groups prohibited members from profiting from the slave trade. but the modern era of responsible investing really evolved in the 1960 s. together with the boycott movement it started with the boycotts of companies that did business with apartheid south africa that was really the genesis i think. and then it kind of grew up along with the green movement through the seventy's and eighty's and kind of going through the right move of tobacco stocks removal of firearms manufactures removal of nuclear weapons manufacturing about excluding companies this exclusion strategy was called divesting and despite the initial excitement it led to mixed results. however according to modern political
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theory hurting your bottom line a little bit and you have to sacrifice some financial returns. vestments remove entire sectors like energy into bacco from investors portfolios when a portfolio is less diversified its risk goes up. 5 the 1st of such funds for example has historically underperformed the market but big money is now betting that this will change in his 2020 letter to c.e.o.'s larry fink the chairman of blackrock the world's largest fund manager came right out and said climate risk is investment risk. but i don't think there is a choice between plan and profit. it's in the extreme metrics that you're scoring companies on you look at anything or is this really an s.g. thing or is this just good business are you polluting are you wasting resources or
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wasting resources back to the bottom line or that bring it straight back into big business. screening companies for the s.g. criteria has proven an effective way to anticipate and avoid scandals capable of wiping out share prices for example in between yesterday mutual funds they had to hold talks while. for a long time because there were questions around the governance structure of the company. those e s g firms to avoid the stock crash that followed reasonable use emissions cheating scandal. of their cars with cheating software to make them. green companies are also better prepared to face the growing threats of climate change. these factors are reviving the appeal of green investment. sustainable funds are attracting new assets at a record pace. the real question then is not whether green investments can make profits the question is whether they can be called green in the 1st place. this is
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a definition problem with got the s. t. the lack of a central standard is an issue so company could in theory score very well on these . rankings but on the other hand a very large negative textuality he's on the environment. and even if a company is genuinely green buying its shares may not translate into creating an impact. the theory of change behind sustainable investing is pretty straightforward the more fun screen companies receive the more they can pursue their sustainable goals. vestments are unlikely to financially starve the fossil fuel industry for this strategy to be effective it must permanently reduce a company's ability to access capital ready when capital is divested there's also creates an opportunity for other investors to buy shares at a lower price when this happens the stock price can quickly bounce back to its
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previous level without impacting the company's valuation ringback ready. it's not enough it simply isn't because the effective tiny. investments are not a magic formula. very often what is advertised as sustainable is just. greenwashing . other cases impacts can be achieved only by sacrificing some profit. in investing in our early profitable non-green companies and then diverting the profit to environmental causes would be more effective. but similar calculations miss a more important point. it is tough to actually measure and. your conscience is clean you don't profit from an activity. many people simply no longer want to invest money at the expense of the environment and that alone is an important step forward. now investor pressure is
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forcing companies to reconsider their carbon footprint wunmi if this is credits that is by being for projects that reduce carbon dioxide emissions in other parts of the world in 2018 the voluntary carbon offsets market was worth $5700000.00 now for maybe this opens up new business opportunities. this tropical rain forest has stood for millennia but human beings would need very little time to destroy it driven by the desire to make money.
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just like any other bankers who came to work i was actually. so we do a lot of deals. done so no hard china is heading out to his rain forest in borneo it covers an area twice the size of new york city. he's bought the rights to the land from the indonesian government for the next 60 years on condition that he protects the forest. i always believe that the environment has a value just like treating it like a real estate i thought that owning a. forest you know it can have a better appreciation on value compared to real estate companies pay having to protect the forest like volkswagen the world's largest automaker buys carbon credits from her tono to compensate for the emissions put out by its cars neither she nor v.w. are willing to say how much they cost and says discussing prices openly would be damaging to business critics of the trade in carbon emissions say it allows
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companies to greenwash their image even as they continue to contribute to global warming we always said that going to grow up and let's try to protect the rain forest but the reality is the past 20 years all the rain forests are pretty much gone in certain countries this because we believe that you know research into other uses. paper for human fuel for humanity needs but i think that it's a new model saying that you can still protect the rain forests and make money for the company and also giving benefit the community while protecting the environment then that should be a model going forward. just a few kilometers outside the protected sound the rain forest has disappeared here wildfires tore through the area after a prolonged period of heat but many times it's international companies to clear the forest in order to sell timber to gain grazing land for cattle or to set up palm oil plantations.
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in his area hard tonneau has set up the cutting gunman tie a project to show others how the forest can be used to make money without destroying it in the process. he says the money from carbon emissions trading can help with that. hard tonneau has invested in initiatives like the school which provides instruction on how to climb a coconut tree for example. many of the people who have now gained jobs through hard tonneau previously earned their living selling temporary feel now they're learning how to extract sugar from the sap of the coconut tree financed by companies in europe. with. longer coconut tree for the 1st time i was scared. but slowly the fear disappeared . and i want to climb 20 coconut trees a day. i think all you have to cut wood in the forest for
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a living. the work was dangerous i only did it for my family. needed the money. investing in people and the local community is the goal but it's not the only goal projects like this are good for his customers image cars made by a company that's investing in people and helping to preserve the rainforest are likely to sell better. but when hard 1st started out it was by no means clear that a big corporation like b.w. would be interested in a small project in borneo. we finally make profit we actually start having sales too so technically for the past 10 years we really have 0 revenue and we just have to believe in the concept. isn't claiming that his emissions trading project will fundamentally change how we manage and preserve our natural resources
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. back when he started climate change wasn't receiving the attention it is today. the concept of carbon trading was still in its infancy. partow took a risk starting out small but with a vision. and for him it's paying off. much of the economy. but that often has a negative impact and. they've believes the b. should be looking at the value. and how we can work with the natural to build a sustainable economy. we've created our economy on the. growing doubling in size every but every year you know whatever. the model of the economy has what is the economic equivalent of turning into a part of life we've got to look to nature to understand what kind of economy works
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and what doesn't. we're in the kind of economy and the measurements. he doesn't. problem is that the only element of value that you have measuring g.d.p. is produced goods and services which out of a. whole lot of other stuff that's happening. the value of the based pollination is more than $150000000000.00 euros a year that's about 110th of the global agricultural. but of course he's never send you any invoice nature of delivers a lot of value into the human economic system if you're just not measuring these values through. today's growth is destroying nature is destroying social fabric it's going in the
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health. care is just trying public goods while it's trying to create private wealth and the federal if there's no law which is going to do this why would you and i want to just. one of the key elements of being economy is that if there was the creation of systems which deliver less environmental. things like sustainable agriculture which uses more labor is actually rewarding sustainable agriculture has also changed uses water usage uses. increasing. land base vatican city and strong. and it will result in growth but a different kind of. growth. now green growth is definitely something to aspire to but not always something to live
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up to 12 history of human settlements have eaten into the habitats of other living beings it's no different in northern be hot but on the brink of extinction but locals are now coming together to try and protect the region's fishing crocodiles. even as hatchlings they're easy to recognize with a long thin snout weighing up to 1000 kilograms of the guardiola as one of india's rarest animals its population has declined by around 98 percent since the 1940 s. . some of whom are senhor conservationist at the violet trust of india has studied these reptiles for years. in military out there is a big board like structure on the now on the of the snout which is called color so it is different from the other 2. indians found in india and other 2 guardians they
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conflict with human being but doesn't have any contact with human being a himalayan tributary of the ganges the gun duck descends into the indian plains at val making a girl from the 4 years it was impossible to monitor and research the habitat and population of the carriers because social unrest in the region help scientists back . around 2007 after the situation relaxed a study showed that only $200.00 surviving cardiology maine in its entire distribution range prompting the i.u.c.n. to recognize the species asked critically endangered at many places pipes and local . so these are the reasons behind declining populace and that even the most important reason is it was an outstanding banks the dismissal of. the best. and it affects the populace.
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a dam is causing the erosion of the banks each time the gates are open the stored water flows into the river causing a fast current the w.t.r. team is trying to coordinate with the authorities to regulate the release of water at least during the breeding time. but other work also has to be done. are considered relatively harmless they eat only fish once found in the region from pakistan to myanmar now there are only found in india bangladesh and maybe w.t.r. knows community involvement is essential in protecting them. local fisherman here monitor the reptiles and their nests. yeah. and i'm not they are on be there canelo we were asked to check on creole nests and whenever we spot anything we call the environmentalists and inform you he said to
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keep looking until all new findings. for the year there were over the quantity. once a nest is identified it is shifted from the river bank to a safer area guardiola eggs typically take about 70 days to incubate the fisherman keep an eye on the air until the babies ariel's hatch and reach the water. in 2014 the w.t. i released satellite tag carry out we're just still in these waters now which is about preserving their habitat. plan. last year we moved a proposal in the state board for wildlife are to notify a critical area of about 10140 kilometers of the river as are on there with them as a means giving it a status of a protected area if you give it the status of one the reason is that it will
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involve locals in quandaries and plus there won't be any land use change in that he was the banks so it is going to be a good estate it is going to be a long time called the reason for activity there is an x. and for them they have proper listening they're going to revert to conservation efforts are helping the species to bounce back to do these deep waters who are one of the largest populations of cardiology again but balancing the needs of the local people with the requirements of graveyards and other of a life will be a long term challenge. now i will admit that the systems we have created as a species make it very difficult to choose them solving the involvement will making more money for many of us but even the smallest conscious choices we make like using a very usable coffee mug amending a leaky tap when orientals mordor more what's mending the imbalance i will leave you with that cotton see you next week please stay safe and dig good care of you
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also and your loved ones go back. to the.
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emergency. planet earth. cio and senior. climate system intervention. researchers around the world are radical new ideas. who are. fine tuning the quite. a few minutes on the job.
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is coming to life from battling the 2nd wave of the credit by racin europe e.u. governments agreed to harmonize travel restrictions across the uk but critics say the plans are flawed look at the latest from our correspondent in brussels. plus one of the worst hit regions fez infections in europe the sort is the north of england people in cities like liverpool are facing a host of partially new restrictions. also coming up armenia and forces.

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