and arbon was going the way of ivory coast. its forests left. 80% of its parks have been deforested. when we showed omar bongo beautiful national geographic photographs of the national treasures of gabon, something clicked. a spark, a catalyst went off. within a couple of months we had created 13 national parks. preserving some of the most beautiful and the richest parts of gabon. the president of france at the time came and tried to convince omar bongo that it was a bad decision. the french had big logging interests in gabon. and the biggest critics of the park were the fo reste rs. critics of the park were the foresters. —— parks. the first thing he did was ban the export of raw, unprocessed timber and within two months president sarkozy was in gabon trying to convince him he had made the wrong decision and it was a mistake. what omar bongo did was try to shift it in africa. britain, china, the us, have all been developed on cheap, raw materials from africa. and if going to develop african countries, if we are going to find t

in order to do that you need to begin to move aggressively towards d carbonized and -- de .arbonizing wind and solar are great ways to get there. droppede of solar has 90% in the last decade and it is now cost competitive. it's even cost competitive in india and other countries as well where renewables really are competitive of fossils. wind is one of the best options we have. why is 2050 the horizon? why not sooner or later if it's going to be impacting people who are trying to move out of these sectors that they had been working in or families have been working in for generations? guest: if we could move faster, that would be great, but this is a global goal and i think it will take an enormous amount of work. a big transformation not only in electricity but other industrial sectors. it seems like an -- like a reasonable amount of time even with aggressive action. host: who determines what's reasonable? do, many studies, the hundreds that have been done, the biggest ones are the intergovernmental panels on climate change, scientists from around the world, they do what are called ass

a full-year guidance upgrade is profitable for the company. 19%.arbon down more than the ceo has resignedre talking about a restructuring. their guidance for 2022 is no longer sustainable. matt: thank you very much for that. attempts toestors shelter from a growing pool of negative yielding debt has gotten tougher. is the first company to have negative yield in 10 year bonds. walmart are not far behind. this is a blow to portfolio managers who look at corporate bonds as an alternative to government debt unless they are going after it for the capital appreciation. luke hickmore just wants to make more money, investment director, standard life investments. are you in any of this? does negative yield mean anything on the corporate level? does it mean much on the government level? news on thesting corporate side. that nestle tenure negative is a big indicator where we could be going. as a sterling investor, buying eurobonds is a nice pickup because of the benefit of doing it. i could add 120 basis points on 20 year corporate bonds when i am looking at it in sterling terms. at the moment, the

in order to do that you need to begin to move aggressively towards d carbonized and -- de .arbonizingand solar are great ways to get there. droppede of solar has 90% in the last decade and it is now cost competitive. it's even cost competitive in india and other countries as well where renewables really are competitive of fossils. wind is one of the best options we have. why is 2050 the horizon? why not sooner or later if it's going to be impacting people who are trying to move out of these sectors that they had been working in or families have been working in for generations? guest: if we could move faster, that would be great, but this is a global goal and i think it will take an enormous amount of work. a big transformation not only in electricity but other industrial sectors. it seems like an -- like a reasonable amount of time even with aggressive action. host: who determines what's reasonable? do, many studies, the hundreds that have been done, the biggest ones are the intergovernmental panels on climate change, scientists from around the world, they do what are called assessmen