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Point. I wanted our story. Was a. Must. Is what starts january 27th on d w. Business wants to tackle Climate Change battles with the theme of this years World Economic forum in davos suggests but todays main speakers made it clear theres still a long way to go for business interests going hand in hand with and barra mental concepts. Also coming up an invitation to davos can total charge the agendas of activists from around the world will look in on a totally different kind of entrepreneur. Im to a cape town cleans up its act by upgrading its waste water system. Business in africa want to get jobs and got to have you with us. It was a results business and Climate Change took top billing the 2 leading figures on both sides of the environmental debate thats donald 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 hitting out 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 its over to do a good as was part of our very own davos team a good to see you so the role of business in tackling Climate Change is high on this years summit agenda other speakers so foster fit the bill found the right. Well monica if something is very remarkable at this years World Economic forum it is the floor reality 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 theyre 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 to agree on what needs to be done its 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 attune back who wants things to happen immediately of course from talking about how its done and when its being done to actually doing it is probably the most most difficult step especially for a 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. Thats right as c. E. O. In nigeria. Was talking to me earlier on and i specifically asked her about that demand by great a 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 its its a fair request coming from gets a term because that is what shes shes driving for its consciousness are on Climate Change up on the Carbon Footprint creating a Sustainable Future for the. 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 offer to my eyes 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 were 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 were doing now is we 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 were also looking at the short term objectives and how we can continue to help them drive their economies their businesses by providing 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 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 front of 14 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 big. Cause the sudden economies that are oil and gas rich it makes more economic sense to have solutions that are can be. Energised by available full sources otherwise is expensive and then unachievable and were seeing how critical economically a medication is to Economic Growth and to stop billets various countries. Straight forward answer there from the c. E. O. Saying thats 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 face in growing skepticism around the world a majority of respondents in a recent worldwide poll by u. S. P. R. Firm 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 societys problems. Getting around in davos can itself be a challenge some venues are locations as now to toot of 1800 meters making them accessible only by cable car for social entrepreneurs among them martin board its worth the journey to draw attention to what they see as the worlds 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 theyre 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 to social entrepreneurs acknowledge that change wont 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 ski and 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 a participatory bottom up approach. And so she launched printers have come from iran to the worlds to be in davos. Their message there is a fairer and more Sustainable Way of doing business. 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 its investing in Water Infrastructure with the help of germanys k F W Development bank. Here on the outskirts of cape Town Construction work is in full swing the sandfly Wastewater Treatment facility is currently being upgraded financed by a loan from the German Development bank the k f w. The upgrade of the sun fleet facility is long overdue. The foam on top of the wastewater is a sign that the plant is struggling to keep up. Cutting through the problem designed to treat 72000000 liters of water a day. Flow into the prong is about 90 maybe you can see that the prong is overloaded in terms of the amount of flow thats to see the reason why we need to expend that works the neighboring suburb of khayelitsha is growing rapidly as are most major municipalities around cape town but thats not the only challenge for the city. Flashed back to 2018 due to a severe drought cape towns dams had run dry. Residents lined up to stock up on Drinking Water a day 0 was looming through strict last minute water restrictions cape town escaped the catastrophe. For city councillors Anthea Limburg the water crisis was a critical learning experience. The city did learn very important place and from the trial to one of the key to this is the need for us to not be entirely dependent on surface water from rain falling out that was because theres a risk all of the future rainfall patterns remaining there we know and we have seen this being the case last by winces future droughts and the fast growing population are major challenges to the water supply in cape town and its surroundings. Especially in informal settlements poor Water Quality in dangers 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 sandfly plant is scheduled to be finished by 2023. South African Airways has canceled several domestic and International Flights in a bid to stave off financial ruin the alan is running short of cash after the government fails to release another batch of emergency funding the cancellations applied to 20 flights between johannesburg cape town and durban and 10 International Flights to and from munich the state owned companies problems have helped to push south africas Credit Rating to the brink of junk status. Just recapping our top story of the 2 leading figures on both sides of the environmental debate thats all of trying to reach out to better use the platform of the World Economic forum in davos to push their competing views of the role of business and Climate Change and thats your business africa for now thanks for watching. Kick off. The 2nd round starts off in the glove box through the 1st game and slipped into 3rd place competition is why they would like to turn the game around and stay at the top. Drop. Dazzling with thanks to a new addition. By dominick dunnes with teens. Kick off to 60 minutes long d. W. To storms that people who are old over information provide. The means they want to express d. W. On facebook and twitter and up to date and in touch follow us. This is. Coming up in the program the power of language called pigeon of a solution to separate this crisis or the people who use it taking a risk also coming up. On the phone gotta bring you the story of one Online Campaign about ones viral to help the least sudanese law

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