Transcripts For ALJAZ Pricing The Planet 2015 Ep 1 2017100

ALJAZ Pricing The Planet 2015 Ep 1 October 6, 2017

According to the u. N. The Saudi Led Coalition wispy sponsible for six hundred ninety three child casualties in twenty sixteen and four thirty eight verify the tax on schools and hospitals a saudi ambassador describes the figures as misleading i can reports from the un. The report lists four thousand recorded violations against children by Government Forces in some twenty zones of conflict along with over eleven thousand violations by nonstate groups but in a carrot and stick approach the format of the report has been altered those states or nonstate perpetrators that have been gauged with the un and committed to improving protection for children are placed in a separate blacklist from those parties that have shown no remorse or concern about their actions the saudi Led Military Coalition in yemen is placed in this category what became of vanden clear he said there were some listed parties even through many years to three years that had generally been attempting to put in place may shows that when they had acknowledged the problem the creation of the category may be an attempt to persuade perpetrators that there is political value in engaging with the u. N. But critics contend it could also be a patent attempt to diminish the saudi anger that followed the military coalitions inclusion in last years blacklist frankly. The facts speak for themselves the numbers except. In response the saudi ambassador said the coalition was committed to working with the un but rejected what he called inaccurate figures quoted in the report we exercise the maximum degree of care and precaution to avoid civilian harm the regrettable effects of this conflict are a direct result of the haughty and forces loyal to former president signing. Use of immoral and illegal actions that put this in million population at risk while acknowledging that the Saudi Coalition had committed to measures protecting children in yemen but insisted the Saudi Coalition still has charges to answer in her report virginia gumbels said that dangers to children in yemen show little sign of diminishing i urge the coalition to improve these measures she said the dangers to children in yemen remain an acceptable a high in two thousand and sixteen the question is a threat to children in conflict zones like yemen less today than it was during the reporting period last year amidst yet another round of claim and counterclaim the answer would appear to be no mike hanna aljazeera United Nations the u. S. State department has approved the possible sale of a Missile Defense system to saudi arabia the socalled foreign system would cost saudi arabia fifteen billion dollars the Department Said in a statement that the sign would help protect the gulf region from iranian threats u. S. President Donald Trumps plan to the thirty five year a new nuclear deal is being greeted with International Criticism the European Commission says the dail is working russias foreign minister says its important to preserve the agreement. The geneva based and to Nuclear Weapons organization i can has been awarded this years Nobel Peace Prize the u. N. Secretary general welcomed the unexpected decision tweeting that now more than ever we need a World Without Nuclear Weapons the governments official representative in catalonia has apologized for the violent response by police during the session referendum on sunday may. Court in madrid facing accusations of sedition council on Health Authorities hundred people were injured as a result of the spanish action the United States has lifted its economic sanctions against sudan after twenty years a us official cited improved human rights progress on counterterrorism in the african nation as reasons behind the move for now up next pricing the planets. That are. At the problem of Global Warming are getting scarce on our. Earth today will cease to exist for making that reveals just how fast. A lot if economic and Financial Markets could save the planet. And. Reuse nature because shes valuable but we know as nature because shes free. If we invest money in protecting nature will urge a very very high financial return. Economists Bankers Investment funds and finance is taking an interest in the Environmental Crisis they say that they can protect the planet that way with money how much is the beach that you visit every year actually was how much for the forest that you love to walk in so much what is the value of a planet a model an insect and does this combination seem a toll on not trying to. Financial isolation it was to rid of the. Endangered species and forests treated like financial products. Can market succeed where politics of so far failed but what risk. Price. Sometimes i describe the challenge that we have as the economic invisibility of nature what i mean by that is that most of what nature provides is not transacted in markets where theres clean air or fresh water or where theres the pollination of bees or fruit trees wend of being ever send you an invoice billions of workers toiling away without a break in silence and for no pay. For millenia no one recognized neither their value nor all the work they do it took a tragedy for us to finally recognize their economic value. And the us a large part of the natural wild the population has died off and something is happening in europe there are hundreds of people who keep large numbers of being used. In hives and when a farmer wants his fields pollinator he actually calls one of these commercial pollination firms. And others are right for hiring a million things for a week. To pollinate your crops. What if tomorrow they were to disappear entirely what if we had to replace these bees with humans and therefore pay them. The Pollination Service of bees economically invisible but the total value of that was found to be Something Like two hundred billion dollars thats almost eight percent of the total agricultural output on a. We look at these Little Creatures differently now that we know that they are worth two hundred billion dollars dont worry. We immediately pay more attention to them all that wealth in a beehive. And we humans never realized it. Mr johnson yes hi Mother Nature here im here to collect the last months nature usage nature usage ok let me see the sun rose and said oh look at that every day there was a cool breeze on tuesday. But what if the solution was already here we just need to put a price on everything that nature provides pollination the pleasure of walking in a park. A mushroom the word. That is a good question. How much of what if you were you can put a price on it and put a price on again you can hear its priceless i want to be free made to was before we were in this to learn how to take it in that shouldnt have to do something with money. I dont as living in a flat we havent in new york. This is on fifty six street but if i bought the same flat in fiftieth street i checked and the value was more than twice as much why do you think the value between fifty six and fifty years street for the same area one thousand square feet is twice as much because the one that is on fiftieth is next to central park so just the ability of people to see greenery is worth one Million Dollars extra. I see youre running a little behind on your oxygen bill i wouldnt let that continue very long if i were you mr. Well im sure this will. So will that be cancer charge. Against the disorders go wild could you use unique. To eleven or dont you. Which of your best unique is your pasta canet prevent you sit or cereal connect the revenue. Going for up dont see standard kid from for already packing to. Our Economic System was created in a very different era it was created hundreds of years ago when what was valuable what was scarce were capital and labor. So thats where we put a value on all the Natural Resources all the ecosystems all the clean air clean water there was too much of that you know and so we didnt put a value on it. Having plenty of clean water and animal species is of no interest to the markets they hate things that are abundant and free. The equation is beginning to change. Nature is the eldorado of the twenty first century. A new economic sector with promises of huge returns for investors banks finance corporations and states are attracted into it. And they all know that on a dead planet no one will do business anymore. Or that he or jimmy carter it. All about. The bottom order rebel george bush all the top of the two. It is foolish pride to go on then suggest you should imo more that they will that im a human disperse almost it will go previous because. They offer it up it could be. That fundamental economic theory you know supply and demand the more there is supply of something the less the price the less the demand the less the price but the more the demand and the less the supply the higher the price and effectively right now the price were putting on the environment and Natural Services is the oral. Effectively but thats going to have to change as the supply of these Natural Resources continues to dwindle and the demand in the form of people continues to grow. Plying the lure of supply and demand to not to resource isnt species is something new. Until now almost no one had ever thought of putting life itself into the economic machine. Yet im all. These you know then it. Is a space on in her. Could. You know he. Has done nothing. Like they are nowhere close to beauty yes they were so if youre not sitting in your then you. This was the time of one of the greatest geological disasters the dinosaur disappeared and along with them seventy percent of all animal species we could now be in the middle of a similar crisis only this time its not a meteor that caused it its my. Notes it is from. Me going to the onion is the process of. The people. I guess. In the trust beloved us nor somerset is from this day on the three dollars. Economical. Since the Industrial Revolution the worlds population has increased six fold water consumption risen by a factor of three. The amount of carbon in the atmosphere has doubled. The global temperature has increased. And half the worlds rainforests have disappeared. Our ecological footprint is escalating. To satisfy our needs were using the resources of one and a half months if we continue at this rate by twenty thirty well need two planets by twenty fifty two and a half. What happens if there are very much less trees if theres not the clean water we need where we need it when we need it if there isnt the clean air where we want it where we need it that becomes scarcer becomes more valuable were going to start to put a price on it were going to start to put a price on the destruction of it and we believe there are opportunities in that transition to profit from that transition besides business has already started about a hundred miles east of los angeles theres a fly. Probably the most expensive fly in the world. Here here it comes right here flying right by us that is one of them here it is again so that there. A century ago there may have been on the order of around forty square miles of habitat that is essentially the distribution of the sand dune and over the Twentieth Century ninety five percent of the remaining habitat has been destroyed or converted over to other uses. Only a small fraction of that five percent supports good populations of this rare insect this high sand flower loving fly. And they emerge during the heat of the summer and the adult fly only lives for a few days at the most. Colton county underwent huge Economic Development business and industry gradually swallowed the sunday and while the socalled delphi sound flava loving sly had the sad honor of becoming the First American flight on the endangered species list. To protect it in one thousand nine hundred three the state froze commercial activity on its habitat coltons growth dropped to zero all because of a park. The citizens here you know what jobs the citizens want Retail Services they want more businesses to be here and right now were prevented from bringing them into town so the fly found itself hated by the entire population but one mans misfortune in the fly is a rare species with rare property makes a very good financial investment. We can create as much value for both our stockholders as well as create a biological opportunity for conservation by turning it into mitigation so our most recent sales have been two hundred fifty thousand dollars an acre. The bank saw an opportunity here and Mitigation Bank it realized that it could make money off these uses it to some flies it bought a part of the flies habitat and then it did nothing leaving the insect to live in peace while selling shares. If a business wants to develop a project on the land where the fly lives will find itself blocked by the state but by buying shares the entrepreneur can offset his impact by investing in the insects protection and secures his right to develop his business the bank has already made twenty Million Dollars. The free market has to find out a good balance between adequate conservation share a value allowing development to go forward. A bank making money by protecting a species that sounds like a win win situation right but for the inhabitants the bank is still a fly in the ointment. The fly is winning the war. With the flyest in place weve lost millions and millions and millions of dollars years and years and years of time you know we cant replace what weve lost. It would be cheaper to pay people to go out and kill the flies than to mitigate joke joke. But true but true the true self. In the United States species protection is in the hands of these new bank as. Businesses Estate Agents Road Builders anyone whos activity in dangerous animals has to pay these banks. They protect more than a million acres of land. They sell wetlands credits cateye credits. Credits even lizards credits. Wild lands is the biggest Mitigation Bank of the American West her annual revenue is exceed forty Million Dollars a year and medications sales. Way but again project gardeners thank you for salmon steelhead delta smell what tell us once and hawk for burrowing out for desert tortoise elderberry longhorn beetle tadpole shrimp version of. Our customers are aware of the the local solutions that we can provide how these customers will come and say im building a Shopping Center and im affecting burnell pools are infecting our burrowing owl do you have something that can help me offset my requirements. So we take a look at our mentor we provide them a quotation for a solution and then we barter that those credits to them as in a non tangible transaction we give them a relay for their liability as a certificate of good well. But how do these banks choose to invest in unprotect one species rather than another. Happens to those endangered species living in areas of the us with us nobody with has no Economic Development and therefore no one to buy credits. Choosing between one and dangerous spaces on another dangerous basing it all depends on market demand. Buying landscapes protecting landscapes accumulating their landscapes its a phenomenal opportunity to be able to use a Business Model to achieve sustainability of nature. Where you werent profitable we would have wanted to reinvest in the future projects. The laws of the market applied to endangered species surprising right. How could we let banks decide which species of worth saving and which ones not. Which ones deserve to live and which had to die on the top of profit. If you were to go on the species banking dot com you would find probably about seven hundred different banks. And its roughly its roughly between two and a half to three and a half four billion dollars a year that are in banking. This market for endangered species is developing. Today all these Mitigation Banks are listed you want to know which one protects the swainsons hawk the tigers salamander or the desert fox. With one click the endangered species appear and the number of credits issued. By bit is. That in their youre from. The plant thats one email it. Back to us by that than it. Is thats when i said. This up but i said. Hi im joe i work for a company. My company this is a realize it relies on nature which is why im organizing a meeting a big meeting to discuss Natural Capital so you are here to boost business you have a Financial Capital so what is Natural Capital Natural Capital is capital which nature created. The climate system is Natural Capital for use of their Natural Capital because they take it out of the atmosphere and produce oxygen. Is a form of Natural Capital. So lets take issue. This ones a lever that the comes from just make you kalyani grass and grain thats a lot of lime than a lot of water. It provides the clean water that we need th

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