rich world agreed to — pledged to pay 100 billion a year — dollars a year — by 2020 for the green climate fundmonetary fund estimates that now we need trillions of dollars a year for climate protection and adaptation. africa alone needs 3 trillion within the next seven years? climate finance is at centre of it all, right? germany is one of the largest donors to the green climate fund, germany is the largest donor to the adaptation fund. we think after going through the analysis, that the 100 billion will finally be met this year, that's what we need to have. it's peanuts, isn't it? which is peanuts. we need the trillions, which is why we are working on things like debt forgiveness, we're working on things like climate swaps, we're working on things like reforming the world bank, so that the money moves. we have to get — countries can't get investment in renewable energy so we have to bring down those risks so there can be investment, all of that is what we're working on. it's going to take such a long time and in the meantime, you've got people in the developing world, 800 million globally, wh

to make it more possible for small island states and countries to get access faster from the green climate fundades ago — not fit for purpose. germany and the us is leading a reform. that's up for next year. debt reduction — that when a climate disaster hits, that countries don't have to pay. germany set up, with the vulnerable twenty last year, the global shield, which is about supporting countries that are hit by climate disasters so that they can get responses. it's not enough. but that's what we're working towards. it's not even...it�*s tiny. it is. it's notjust me saying this. what about technology transfer? because that's another thing that the global north could do for the global south. and, you know, i tell you what, andreas goldthau, university of erfurt in germany, says that most patents for low carbon technologies are held in the global north. he says there'll be little change in global inequality if the countries of the global south simply buy solar panels. "fair technology transfer is above all about sharing "knowledge and technologies," but we don't see an awful lot of that. you'v

the rich world agreed to pledge to pay 100 billion a year, dollars a year, by 2020 for the green climate fundtary fund estimates we need trillions of dollars a year for climate adaptation, africa needs 3 trillion in the next seven years?— needs 3 trillion in the next seven years? climate finances at centre of— seven years? climate finances at centre of it _ seven years? climate finances at centre of it all. _ seven years? climate finances at centre of it all. jimmy i seven years? climate finances at centre of it all. jimmy is i at centre of it all. jimmy is the largest donor to the green climate fund, the largest donor to the adaptation fund, we think after going through the analysis 100 billion will finally be met this year, that's what we need to have. peanuts? we need the trillions which is why we are working on things like debt forgiveness, things like debt forgiveness, things like debt forgiveness, things like climate swaps, things like climate swaps, things like climate swaps, things like reforming the world bank, so that the money moves, we have to get, countries can't get investment i

must honour their commitment to provide money to developing countries and truly replenish the green climate funds concerned that only two 67 countries, canada and germany, have made replenishment pledges. countries must also no longer delay or make excuses. many banks, investors and other financial actors continue to reward polluters and incentivise wrecking the planet. we need a course correction in the global financial system, so that it supports accelerated climate action. that includes putting a price on carbon and pushing the multilateral development to who were all their business models and approaches to risk. we need the multilateral development banks leveraging their funds to mobilise much more private finance at reasonable cost to developing countries and scaling up theirfunding developing countries and scaling up their funding to renewables, adaptation and loss and damage. in all these areas we need governments, society, business and others, working in partnership to deliver. i look forward to welcoming first movers and it was on the acceleration and gender, to new york, for the climate

i believe that if china were to support existing multilateral climate institutions like the green climate fundlimate investment funds alongside us and other donor governments, we could have greater impact than we do today. it's also critical that we encourage economy wide transitions to net—zero which includes the private sector. we should work to increase and improve climate aligned investments in ways that are interoperable to both our different systems. treasury secretary — different systems. treasury secretary denigan - different systems. treasury secretary denigan will - different systems. treasury secretary denigan will talk| secretary denigan will talk apart from climate talks and also talking about trade between the us and china —— treasury janet yellen. she will talk to him as economist later and will keep you up to date with what she says. the head of the united nations' nuclear watchdog, rafael grossi, is in south korea where he'll seek to allay fears overjapan's planned release of treated contaminated water from the damaged fukushima nuclear plant. mr grossi is due to hold talks wi

currently offers about $1 billion to the green climate fund. let's put that into perspective.t the same time, the u.s. is approving about $877 billion for its military spending. so i think the reality between what is the need, what is the crisis, and we only need to take a step back, the world is boiling, we see temperatures breaching 50 degrees in many countries. but the key differences between the rich countries and the poor countries is, which countries feel like they have the capacity and the resources to be able to address this crisis, while poor countries aren't. because they are not just dealing with a climate crisis, they are dealing with a crisis of poverty and inequality, they are still recovering from the covid pandemic, and of course now face a cost-of-living crisis. so much so that they are paying more in debt, five times more in debt than they are spending on climate. so they are trapped into a global economic system of unfair tax, trade, and debt, largely shaped by the u.s. and rich countries. so it is not simply about the u.s. not putting up money, it is actual

yellen also urged china to support international initiatives such as the green climate fund, which helpsng. this is the final day of her trip, we will keep you posted with development as they come in. 0ur asia correspondent rupert wingfield—hayes has sent this report from bangkok. i think for what janet yellen has said, she sees climate change as an area in which the us and chinese governments not only can co—operate, but it is imperative that they do co—operate. the very simple reason that the us and china are by far the world's largest emitters of greenhouse gases. but also, she said they not only have the responsibility to emitters, —— as the biggest emitters, —— as the biggest emitters, but also the ability. the us and china leave the world in renewables. china last year installed more solid and the rest of the one particular. it dominates the solar industry and now increasingly dominate the manufacture of wind turbans and things like that. if they can come together, to have the financial clout and the technology to start addressing climate change across the world and helping poorer

that only two g7 countries, canada and germany, have made replenishment pledges so far to the green climate fund that kind of finance? you remember that countries made _ kind of finance? you remember that countries made a _ kind of finance? you remember that countries made a commitment i kind of finance? you remember that countries made a commitment to i kind of finance? you remember that i countries made a commitment to give 100 billion _ countries made a commitment to give 100 billion a _ countries made a commitment to give 100 billion a to developing nations, to help _ 100 billion a to developing nations, to help them both prepare the climate — to help them both prepare the climate change, so to adapt to it, and to— climate change, so to adapt to it, and to reduce their emissions. that target _ and to reduce their emissions. that target wasn't met. it was meant to be met— target wasn't met. it was meant to be met in_ target wasn't met. it was meant to be met in 2020. they missed that. they— be met in 2020. they missed that. they promised they would meet it by this year _ they promised they wo

yellen also urged china to support international initiatives such as the green climate fund, which helpsng. climate change is on top of the list of global challenges. and the united states and china must work together to address this threat. history shows us what our two countries can do. moments of cooperation on climate between the united states and china has made global breakthroughs possible, including the paris agreement. both our economies seek to support partners in emerging markets and developing countries as they strive to meet their climate goals. i believe that continued us china cooperation on climate finance is critical. 0ur asia correspondent rupert wingfield hayes has sent this report from bangkok. i think from what janet yellen has said, she sees it as imperative that they do cooperate, because the us and china are by far the worlds largest emitters of greenhouse gases. but also she said not only did they have that responsibility but they have the ability, which means the us and china lead the world in renewables. china installed more solar last year than the rest of the

uh, that was promised back in 2007 in the us currently office to buy a 1000000000 to the green climate fund. unless put that into perspective of this in the same time, the us just proving about 877000000000 phrase military spending. so i think the reality between, you know, what is the need, what is a crisis? and we only need to isolate said, take a step back. the world is bottling. we see temperatures, breach in 50 degrees in many, many countries. but the key differences between the rich countries on the poor countries, these which country feel that they've got the capacity and the results just to be able to address these crisis, most of cole porter countries. i'm because they're not just dealing with the climate crisis, the daily, with a crisis of publishing a quality distill, recovering from the colby pandemic. and now we're close face a cost of living crises so much so that they are paying more in depth of $5.00 times more in depth than they are spending on climate. so they've track control global economic system and on fed tax trade that lots we ship by the us of which country. so it's

i >> i believe if china supported the multilateral institutions and the green fund and climate investmentments, we could have greater impact than we do today. i a lot of climate money slashing around and ev cars are piling up and it's a 60 day supply of cars on lots. >> i let the markets decide this and that's why we lead the world in innovation and leave us alone, mr. biden, and america will come up with the right way at the right time. >> they believe that capitalism makes the transition when the market is ready. he believes it's not ready right now. back to you. stuart: ben lib lieberman is wie and he pushes for the think tank. why are gas prices the highest in washington state? >> the cheapest state for gasoline right now is mississippi at $300 a gallon. the price of oil is the single biggest factor that affects gas prices but the price of oil is the same everywhere. what explains the $2 different or had almost $2 difference. that's a clear sign of bad state level policies affecting gasoline and in the case of washington state, it's costly climate change policies. stuart: so it's rule

green climate fund when it is closed at noin interest in reducing thr emissions? moreover, china controls 80-85%-85% of the rare earth minerals. used to produce batteries, solar panels and semiconductors. as you testify before this committee privacy, the uyghur muslims and ethnic minorities are forced to m produce compones for solar panels in the xinjiang region of china. biden administration rightfully so has classified their actions against the uyghurs as genocide, genocide. yet when i asked you a question less than you appear before this committee, and i will wait until you're done with your little sidebar conversation, because it's important for you to hear this. the last time you hearbe i asked you about the impact this genocide would have on your climate change agenda, and she replied, well, quote life is full of choices, end of quote. well, when it comes to ending genocide there are no choices. and the fact you think that, that is just a tough choice and we are just going to have to let them do what they do is incredibly concerning. the united states always

the federal funding options that would be available for scaling up these kind of e-bike rebate programs. inflation reduction act established the methods. green house gas reduction fund climate pollution grants and environmental and climate justice block grants with $27 billion, 8 billion and 3 billion. section 33 also has a section where i are believe there is opportunity to partner with local businesses to essentially have tax incentives to establish this kind of infrastructure for charging electric bicycles and it would be a great option especially with gig workers providing these services for local businesses just to have this local partnership and the last is neighborhood access and equity grant program for the federal highway administration and they have funding available to establish bike lanes which produce safety and have more options for these mobility options to occur in the city. and going to the next slide, i will discuss current programs that really demonstrate the demand of e-bikes in california and the support that exists so this year the california bicycle coalition and carb are rolling out a california e-bike affordability program with $10 million in fund i

the federal funding options that would be available for scaling up these kind of e-bike rebate programs. inflation reduction act established the methods. green house gas reduction fund climate pollution grants and environmental and climate justice block grants with $27 billion, 8 billion and 3 billion. section 33 also has a section where i are believe there is opportunity to partner with local businesses to essentially have tax incentives to establish this kind of infrastructure for charging electric bicycles and it would be a great option especially with gig workers providing these services for local businesses just to have this local partnership and the last is neighborhood access and equity grant program for the federal highway administration and they have funding available to establish bike lanes which produce safety and have more options for these mobility options to occur in the city. and going to the next slide, i will discuss current programs that really demonstrate the demand of e-bikes in california and the support that exists so this year the california bicycle coalition and carb are rolling out a california e-bike affordability program with $10 million in fund i

natural defenses, green infrastructure, and community resilience, is a tremendous benefit to the nation and it's something we should do immediately. >> to create a climate resilience fund to be smart about protecting our coastal communities and protecting our pocketbooks as taxpayers. >> failing to step up to the challenge of our time and to create more resilience for our communities would be to sit and watch rome burn. >> the longer we wait, the more expensive it is because the more severe the consequences, on a scale that we may not ever want to see. amy: from new york, this is democracy now! >> this is the most impoverished county. you have not stumbled upon a cell. nobody was plotting to do anything. you created a crime. amy: for the p

when to fund assume about commitment and hope about visions and the people behind the verb and catastrophe. climate change starts july 13th on dw, the europe takes big steps towards producing green, steel with hydrogen, but can't find a market with for production without losing its shirt or losing out the cheaper dirty or producers elsewhere. also on our show that help us newest measure targeting ask in women also hits female business owners in the country. and welcome to our show, i'm seeing busy in berlin. recent days of senior uptake new steps to the commercial production of of green steel steel. that's essentially carbon neutral and production and transport on friday, the auto supply company, instead of germany strike a major deal with hydrogen, producer h 2 to supply green still in the coming years. on the same day, the steel maker chosen group rolled out it's hydrogen production, arm caught new sarah to public investors who promptly put a 2 and a half 1000000000 euro evaluation on the company. other message seems to be clear. there's a lot of anticipation around green still, but the market is still young and there are plenty of questions before production begins on a comme

climate fund. this indirectly indicates that for berlin the chips produced on their own land. let american even taiwanese become more important than a greenrip. the monetary authorities of the united states and britain fined the crisis bank for a total amount of 380 million dollars, of which 2/3 requested the federal reserve, the rest of the bank of england well and the reason is the risky asset management in the period from 20 to 21 years. however , this amount will have to be paid already, well, to the owner who bought the ubs bank that went bankrupt not so long ago. he will also have to create a unit to oversee the financial crisis, the us share of european airlines and tour operators are rapidly losing value. well, among them are the british carriers of the izijet british airways and the jettu tour operator and the german tui, the largest tourist concert in the region, the day before they announced suspension of flights to the island of rhodes as a result , due to interruptions in air traffic and the massive evacuation of people, securities. on the london stock exchange. they fell by an average of 5%, the fire in rhodes has been extin

climate fund. this indirectly indicates that for berlin the chips produced on their own land. let even american and taiwanese manufacturers become more important than greenl. spain finds itself in political stalemate after elections and prime minister a socialist to form a collection government will need the votes of the catalan separatists. it would seem that. and then there's the economy. but moreover, catalonia is the richest region of the country. it accounts for about 20% of spain's gdp . the pro-independence body demands more autonomy from the head of government in spain, there is a somewhat absurd situation. seven deputies of the party together for catalonia submit to carles postemon, the former head of the region in 2017. he had to leave spain after the catalan independence referendum which the western media stubbornly call illegal, but now the example will have to negotiate with those whom brussels and madrid itself periodically try to recognize as criminals. shares of european airlines and tour operators are rapidly losing value. well, among them are the british carriers of the izidzhet british airways tour operator jettu and the largest travel

climate fund. this indirect evidence that for berlin chip produced on their own land. let even american or taiwanese manufacturers. much more important than the very notorious green tripe me , the leaflet has fallen. 36 kop. roman artyom thank you, we continue. now, to the reports of the last minutes, a gas explosion in a five-story residential building in nizhnekamsk in tatarstan, an emergency occurred on the first floor immediately after that a huge fire broke out. while it is known about two victims, 15 residents themselves left the house , nine more, including the child, were rescued by the employees of the ministry of emergency situations. now extinguished, experts are investigating the reasons for the incident, it is possible that the supporting structures of the building were damaged. they still have to be examined. on other topics, russian schoolchildren performed triumphantly at the international chemistry olympiad in zurich, switzerland; they won three gold medals and one silver medal. the minister of education has already congratulated the guys on their victory, but in the intellectual competitions the russian team was represented by four participants, high

greening of the financial system. where does the funding for these models come from. >> the climate scenario analysis exercises a range scenarios it does use some of the scenarios that were developed by the in gfs as an input those are, scenarios by banks and their own internal risk management when we were designing the scenarios for the pilot climate scenario analysis it was easy to use scenarios that banks were familiar with. >> are you getting to the funding aspect the question was the funding of the scenarios in models. >> i don't know anything about the funding but the in gaas publishes the scenarios on their website so the bank susan from the website. >> you don't know where the funding for this comes from, does the board endorse these models and scenarios produced by the in gsf. >> the scenarios are intended for a possible range of future outcomes, they are not forecast or prediction. >> i know you been very prepared that your scooting around the questions, does the board endorse the models and scenarios produced by the in gfs or is that something you are considering. >> i don't think we endorse them but were u

green machine is getting more creative, too. they aim to change an administrative rule that would give emissions veto power to a british climate group. it's a london-based group called the science base target initiative that's fundedthe democratic party's main dark money network and it would be responsible for a proving the carbon emissions reduction plans of large federal contractors, as many as 670. odd, don't you think, that this organization that i just referenced, was just incorporated in london two weeks ago. now, of course, the congressional back and forth on this particular rule change, it was pretty ferocious. >> if you believe, as the administration does, that climate change could destroy the freaking planet, then it's worth saying that that's a national security threat, at least equivalent to china. >> the department of defense defense's climate adaptation plan includes radical proposals to reduce green house gas emissions at the expense of our war fighting capabilities. we should not be pursuing this politically motivated climate fetishsation that undermines our national security. >> laura: and it's not just the military they want to cladically undermine here, it's your own comfort as well. if you like

the bill even rescinds billions in funds like $1 billion for rural clean energy programs created in the inflation reduction act on green new deal climate initiatives. not only are these bills cutting wasteful washington spending, but they are also advancing many conservative principles tennesseans can be proud to support. like ending male-order chemical -- mail-order chemical abortion, directing the usda secretary to take action to prohibit the purchase of agricultural land by those associated with china, russia, north korea or iran, or even prohibiting funds for the wuhan institute of virology. mr. speaker, all in all, i believe these are good provisions in these two bills. house republicans are doing the good work on behalf of the american people to responsibly fund the federal government, cut wasteful spending and return the focus of our government back to where priorities should lie and not the woke initiatives of green new deal democrats. with that, mr. speaker, i yield back. mr. johnson: thank you, my friend. some great points you made there. mr. speaker, i'm happy to yield next to the gentleman in the sere sucker from texas. it'

green slush funds, dreamed up by left-wing act vipses, wouldn't bring on the -- activists wouldn't bring on the american industrial renaissance that democrats were claiming that it would. how half-baked climate schemes that relied on chinese components and raw materials would give american workers and job creators the short end of the stick. and how crucial industries would face even heavier reliance on foreign supply chains. but washington democrats paid these warnings no mind. they rammed through their radical spending on a party line basis. afterwards, the senior senators for west virginia boasted that he, quote, did it to help america. the senior senator from montana said, quote, looks forward to seeing the benefits of that bill. and president biden summed up their action by saying, quote, we're going to invest in america again. that's been my economic vision. well, it's now crystal clear -- either democrats didn't know what their own bill was actually designed to do or they knew exactly what it would do and decided to sell out american workers and job creators. here's the inconvenient and dangerous truth -- of the $110 billion this scheme spent on green projects so far, foreign companie

about funding of some of the climate related efforts of the international organizations including the tangled web of financing associated with a network of central banks and supervisors for greening of the financial system. there's nothing wrong with regulators wanting to learn more about data methods and analysis or to ask questions of bank about what they're doing. no one police financial institution should ignore not fully understood risks. but we and the regulators know that institutions are already analyzing climate-related financial risks and many large institutions of public facing information available describing how their monitoring and managing this risk. yet summer after an executive order was issued an f sock make pronouncements of the regulars that a sudden need for coordinated public facing corp. to paint a guiding principle for climate risk that research says are manageable. regulators i think the efforts are intended to help banks manage risk that are not yet fully understood even by the regulators. with the underlying premise some of the predigital regulation are better than the private sector picked that seems odd given the fed says must exercise humility about