they had hoped for more security more freedom more dignity. have their hopes fulfilled. 10 years after the arab spring. or a 1000000000 starts june 7th d w. this is news and these are our top stories funerals have been taking place for over 50 people killed in 2 explosions near a girls' school in afghanistan's capital kabul dozens more were wounded the interior ministry says many of the victims were students between the ages of 11 and 15 president has blamed the taliban for the attack but the group denies any involvement. israel's supreme court has delayed

a ruling that could lead to the eviction of palestinian families from their homes in east jerusalem to make way for jewish settlers the tensions have been growing with daily confrontations between security forces and palestinians under as of people have been detained. spain's 6 month national state of emergency to fight the pandemic has come to an end crowd celebrated in the streets as nighttime curfews were lifted along with domestic travel restrictions the spanish government has defended the relaxation saying infection rates have stabilized. this is g.w. news from berlin you can find out more on our website www dot.

climate change is transforming the earth at an ever increasing pace. a new movement wants to stem the tide. with money. invest to in a sense investors determine what happens in the world of those. young influential millionaires want the world of business and finance to go green. it's the time's running out and we have to act. for decades environmental protection was seen as a money loser for the rich and powerful starting to change course the world isn't just changing up a bit if it's changing a lot we need to be prepared for that i think. zurich is a city awash in money its financial institutions manage more private wealth but

anywhere else in the world. zurich is the secret world of the super rich you must not go into sets and most people underestimate the extent to which wealth is concentrated for example in germany today the richest 45 families control about as much capital as the poorest half of the population that's quite similar in the rest of the world and i don't think that's it does indeed there are some 32000000 millionaires in the world and about 2000 billionaire families many ideas from you and of course these billionaire families are preside over an immense amount of power through their companies and capital a lot. your computer or not referring to billions but trillions worth of assets and that's where we come in on dozens of some good on. those that go at the university of zurich fike or pets or to studying the impact money has on climate change. that ok as a former investment banker he has access to the financial elite. this is no ordinary

workshop the wealth seated at this table is a meant. for the participants are young prefer casual wear and want to change the world. but. what is the goals that you do the industry you get. how some of the participants come from very wealthy families. they are heirs to huge fortunes and have influence to match. pets so it wants to win them over to making more sustainable investments. this. is super simple it's going to be you know so i understand what i'll do with my money has it taken the worst and i'm encouraging you to take the serious. psychopaths what collects data that no researcher has been able to gather before from confidential interviews he learns that many super rich people want to invest sustainably they just don't know how. this is to go so the most important thing is

i think the background and when you were actually a university unit to come out we need research about how sustainable investment can be scaled and get it to the point where it can help change the world these days that's why we need research this is going to a 2nd aspect is how to bring this information to people who make the investment decisions you need to know but if that's why we've gone beyond simply research but also offer training programs and workshops for people who have a real influence and he can. and tony shots from germany for example he belongs to a wealthy family in germany. his motto is to use money to combat climate change that's what the most important aim is to create a sustainable civilization our way of life focuses on growth and consumption and that has to change. when you think about it what use is having all that money if it ends up worthless because we're living on

a planet that is sinking into utter chaos. she's a superhero as a role model. to fund i found batman exciting because he led a double life there have been times when i would have done that too much more than now these days i'm more open about issues of wealth because i want to inspire others to take the same direction. shorts wants to use targeted investments to make the world economy more socially and environmentally sustainable and raise social awareness. for the. wealthy young millennial generation born in the 1980 s. are forming a new class of investors they're not just looking for profit they want to change the world. but my goodness that's my generation still has that youthful shake

things up mentality that's part of being young that burning desire to tackle and justice. every generation goes through that young people taking up protest against the system is a very important part of this process of renewal and change protests we've achieved a lot with our standard of living but it has often come at the cost of others or the environment of course that's something we need to address. is not just investing his own fortune he's hoping to raise money elsewhere to above all with the aim to combat climate change. because of it he's not alone in his search the roots of ethical investment can be found in churches in britain for example. doing god's work and at the same time it ministering while. i think at the heart of it is that we have to wear a pension fund we have to provide

a pension for $38000.00 beneficiaries but we recognize there's some real fundamental challenges to our ability to do that and one of those challenges is climate change it creates how companies interact with the environment. the church of england is the 4th richest church in the world. adam matthews is the director of ethics and engagement on its pension board it has billions of pounds worth of shares including in companies that are climate killers. the. collapse where you've got over 270 people having been killed when that happened it was just very clear that we needed to mobilize us the toners and investment managers to say right something has to change this issue and this this disaster will change mining forever as a result of the work that's going on at the moment. after the disaster the church of england sold its stake in the mining company that managed the dam. and. for.

the value of the company's shares plummeted. by new investors snapped up the shares so the brazilian company wasn't forced to change its policies. now the church of england a striking a different course. for me this investing is almost a failure because you've not been able to get the change you want and there is an opportunity on many issues to exercise that influence from the shareholder base. adam matthews has shifted strategies to go. with other major investors he wants to exert pressure. for the church of england that means emphasis on transparency when making information about a company's environmental policies public the church even has its own database. 101 to nothing that is just like not even ignored it and climate change and these

are the largest coal producers in the world you can see that people are going to start differentiating very significantly with insects as around are they going to best. matthew says the strategy is already bearing fruit climate change has become an investment risk. you'll see in much more collective interventions by shareholders the ones that we make we fundamentally recognise individually we will achieve very little bite through engagement just by selves so everything we do is did towards a sort of collaborative approach where you can mobilize those trillions. matthews's preparing for a meeting with oil giant shell he wants the company to become more eco friendly. or it's early in the morning. here in the harbor of thrums or in northern norway a special investment project a setting sail. a hybrid electric brim will take passengers on tours of the arctic

north. investor right to new start is on board for the 1st time. the millionaire wants to promote technology that helps replace fossil fuels and invest in new ideas that benefit the environment. we invest in brame. we call so we think it's very important to have a bed for incision from fossil fuel in the shipping. industry to electric and hybrid. cause the pollution is. a big problem. the shipping industry is responsible for more than 2 percent of the annual global greenhouse gas emissions. are not out of my doctor comes from iceland . she hopes that no starts investment can help transform the industry by using

electricity to power ships and reduce the use of diesel to a minimum. this moment as is necessary if the industry is doing a little bit so politicized so i've been moving a little bit on the last 2 years but the big mover is the one sitting on the money so basically if we are to get a real chance those so place the money they are those who can make that this is the 1st insisted. on more sustainability is the key factor the vessel filled with recycled materials navigates the heavy seas. are now docked here and most are convinced the future of the travel industry is green the ships powered by the equivalent of 10 tesla batteries 90 percent of its excursions use no diesel.

clean and silent the brim makes its way through the i.c.c. legal research has shown like listen to that most pollution is a big problem for animals and in the ocean all the way our dependence on one hearing in southern able to be able to communicate. to find its main story just in general communicate in order to hunt together. or custom humpback whales which we often see here are very dependent on. the new vessel has already attracted the interest of other investors. a large shipping company is hoping to work with dr unsustainable technology. is more than pleased with his investment. because this is a great project this physical project that's it so you can sort of feel and see that those 3 programs going all the way it's actually doing something. positive changing the. tourism is that there was this is the way it's

a great experience. for the norwegian investor sustainable tourism is just one piece of the puzzle to prevent a climate catastrophe the investment industry must go green. in london on 20 shots are searching for sources of green money he meets with representatives from industry and politics to discuss dormant accounts some years ago the british government began distributing funds from these accounts to boost sustainable projects. germany has yet to follow suit. here some 9000000000 euros lie slumbering and abandoned accounts. their owners are deceased or can't be located shots wants to use that money to launch a sustainability fun to promote green projects. the u.k. has already put 300000000 euros from abandoned accounts to good use. untarnished watts is convinced it could work elsewhere. but the slip did not make up this mess

when i found out is that this is also possible in germany. we've already spoke to banks who would be happy to solve the entire matter but even if the bank on those bank accounts are very labor intensive for them and hoping to create a win win situation. it's the banks will benefit society will benefit and the german government will align its laws with international standards and that's what . he still hasn't won over politicians or the banks in germany but i'm going to deter. meant to keep striving for a better world. a world in which the oceans off the coast of norway would be spared the effects of pollution and overfishing. the ocean is the source of much of the country's wealth but the maritime industry has been slow in protecting a properly.