Areas in the Oil Rich Region and if you come on the told reuters that the aim is to take and have base and oil fields well kurdish leaders met earlier to discuss tensions with iraq following last months a session referendum theyve rejected the iraqi governments demand to stop any push for independence but theyve been used in office for talks to resolve the crisis. That has more from ed a bill in northern iraq. The Iraqi Military saying that this operation is being spearheaded by the ninth Armored Division the federal police and counterterrorism units they saying that the thousands of shia militias are very much in a supportive role we understand that this offensive is focused on oil fields to the north the west in the south of that oil rich city of kirkuk and also the k. One a military base k. One military base was taken control of by Kurdish Peshmerga in two thousand and fourteen after the iraqi army fled and eisel offensive at kirkuk is hugely important for the k r g and for the Iraqi Federal government is one of the two main Oil Producing areas of this country believed to have around four percent of the worlds Oil Resources and it was taking control of by the peshmerga as i say after the iraqi army fled that are still offensive in two thousand and forty and it participated in the controversial referendum on a future session from iraq last month Kurdish Forces in and around that city have vowed to defend it to the last man we hear that the kurdish governor of kirkuk has called people in the cities are saying anybody with a weapon should defend the city by ministry of the body seeming to try to calm the situation by saying that the offensive was not aimed at the people of kirkuk and that they should cooperate with the Iraqi Military but a very worrying development it seems as if all diplomatic efforts have failed in the build up of those troops that weve seen towards peshmerga positions despite repeated did by the iraqi army that they were going to move on into the city and retake these oil fields it seems very much as if that is happening now at least two hundred seventy six people have been killed in the biggest suicide bombing in somalias history no ones claimed responsibility yet for the blue. Last in mogadishu on saturday the president has declared three days of national mourning. But as well as opposition is rejecting the results of Regional Elections electoral board says president Nicolas Maduro socialist party has won seventeen of twenty three state governorships the oppositions campaign chief is demanding a complete audit but during those heading the result as an emphatic victory someone else. One more victory under our belt a victory of democracy the way forward is not to slash and burn it is not violent the way forward its not economic war to make people angry at the prices on the way forward its not to cut elektra it is to debate ideas and this is a sovereign right there is no king theres only one thought of rain here and that is the people the defense minister the philippines says two senior ice a link commanders have been killed in fighting in the south is the long happy long lead abu sayyaf which sees parts of the city of marjah we in may his fighters were assisted by the multigroup one of its leaders has also been killed egypts army says its killed twenty four gunmen that attacked checkpoints in the Sinai Peninsula seven soldiers were killed and thirty seven others injured in the gun battle that happened there rafa close to the border with gaza the military says its trying to hunt down the men that escaped austria set to have the worlds youngest leader sebastien kurds in his conservative party have claimed victory in the general election but the thirty one year old will need to form a coalition to govern early results and kurdistans president ial election have given victory to an ally of the sitting leader so wouldnt beijing because hes a former Prime Minister the outgoing president is promising a peaceful and democratic transition well those are the headlines the news continues here on aljazeera after pricing the planning stage and thanks so much. Tefl look at the problem of Global Warming where water is getting gassed up now by a drinking style big play that we are entering upon a sick masochistic earth as we know it today will cease to exist if the information that we. Nature is the eldorado of the twenty first century. A new economic sector with promises of huge potential investors banks Financial Corp and state are attracted into the. Firing wells gates for talking landscapes accumulating their landscapes its a phenomenal opportunity to be able to use a Business Model to achieve sustainability of nature. Endangered species in forest to treated like Financial Products. Can market succeed where politics have so far failed. But it wont break. That will price were not accounting for the losses because were not accounting for the income the assets are those of the same problem economic and this ability of nature i wanted to be free nato was bad people we were in this to learn how to protect it and that should not have to do something on. The j. P. Morgan chase is that Merrill Lynch is and bank of america all of these major banks they are the institutions that invest in the businesses that are doing the projects that are having an effect on biodiversity positive or negative. So that is who is behind the ecosystem marketplace who was interested in these markets in their potential and who sits on their boards and committees. Well say. Twenty years ago we still feel that nations and politics could save the planet. One hundred heads of state attended the summit in rio the Worlds Largest gathering. Just a handful of corporations will present. At the time the idea of Business Companies helping protect the environment occurred to no one back in one thousand nine hundred two in that there are summit there were mainly representatives from governments and a few from Civil Society and they actually all thought that business was the reason for all our problems business was bad business was damaging the environment or whatever other negative implications there would be. There were Business Council for still it will develop a group of some two hundred corporations many of them. Very bad record on Environmental Issues like. Creating one thousand two with the goal of implementing the regional. In two decades Multinational Corporations have fashioned an effective lobby group. I think were slowly but certainly moving to a state where it will become equal partners in the discussion i mean maybe im expressing the hope more than reality today but its certainly a trend that i see happen only if we get business and governments as equal partners in this debate will we find the solutions and this to the solutions that the world needs. The better is paid off at the last summit the United Nations rolled out the red carpet for the private companies. All these corporations met in a luxury hotel in rio oil chemical steel giants. Themselves regularly accused of practices harmful to the environment. We do have to do Good Management change explore risks and opportunities we have to understand our ecosystem. Just to bring that of life a little bit this is the first great commitment you know deforestation i think we were the first Major Company to make this kind of commitment. And it was pretty clear to us the area that we really needed to thank about was biodiversity and eco system. I think. Itll be for young. People i go. To my farm. Just think you might expose you know. Bhopal in india is where a factory exploded in one thousand nine hundred four releasing forty tons of chemicals killing ten thousand and causing sickness to another three hundred thousand and. The same companies that belong to this group in the real daily activities in their government. Lobbying for exactly the opposite i love him for. That benefit their commercial interests that dont affect their activities that they dont need to make any structural changes that they can keep on having devastating impact on communities and the environment. It only took twenty years for the banker. The politician. And the businessman the symbolic trinity to begin speaking in harmony about the environment. For economic history has been a very exciting time. Because its seen the emergence of the Multinational Corporation one part of that emergence and part of that success has been through the. Deregulation and the innovations in trade and Capital Markets so basically i do believe that im not talking about environmental interests and im talking about you industrial. So its actually not about. Thank you. So i do trust us. I said economy come in. Limited a little fast. Because you mean thirteen only meet us unlimited is like capacity that theyre looking at us human have to plan that. Yeah mostly dell selling. Them in there is to fix your particular necessary. But kill momentum will call in capital because not put is chrisette a must in capital. In that. You need a clean more progressive kind of a Green Economy an economy that is good for people business and the planet has been at the forefront of a community of economists Development Experts environmental experts social science. The United Nations was converted to a point that its representative of the environment named puff and sucked off as its ambassador today its a banker who embodies Environmental Protection in the name of all the nations of the world. Let us unison either cynicism through the system. A lot of prominent thought is the invest in a planet is to encounter the isidro filament element the start this has really done in america the atmosphere honestly. In oregon i say which is Indigenous Peoples organization were very concerned about this Green Economy. Label we first thought well that sounds good that the economists of the world are starting to appreciate. The greenness of the world Green Economy a sound good but as we started to look at it we started to see that it was all about privatized sation of nature. So the un business corporations bankers and politicians are all in bed together. Is there an International Plot against nature. And what if this alliance was the only means of saving the planet. Environmentalists like the Nature Conservancy are working with Companies Like dow chemical and many other companies sometimes people say to me mark why would you work with companies that have such a big environmental footprint and i say thats exactly why we should work with. Ecological n. G. O. S. Because protecting nature is expensive and donations are not enough. Some have joined forces with multinationals and. They now have Board Members coming straight from the business sector many. Recruited former employees of environmental n. G. O. S. Who. Now if youre in the business that cocacola its pretty easy to help them understand that they should care about natures ability to produce the clean water they need and of course they get it. They said what kinds of investments in forests will yield the biggest returns in terms of clean water now from an Old Fashioned environmental perspective you might think well thats kind of a crass question but if your goal is to mobilize industrial players like people in the Beverage Industry to invest more in nature its very important to have answers to those questions i dont think theres a conflict there to me thats when will. They learn their name. Their contact. They lend their expertise. To the development of a market. That many of them also know. Will not bring benefits to communities. We would however like to believe in this brave new world. Believe that the bank and the business corporations have changed. And. Believe that they have face of Natural Capital and are committed to protecting nature. So what if banks and corporations really have woken up to the impact on dependence on ecological investment. Is it a metamorphoses. Greenwash. You know im an ambitious guy as you may have noticed i think we can do this change the rules of the game so im really looking forward to the next ten years because it will completely transform the way we run our economies we will strike a balance between finance for Economical SuccessNatural Environment and social success and if we can do that then the vision that before nine billion people all living well was in the boundaries of the planet will become a reality because thats how we then measure the way our economy performs. The promise of additional profits coupled with a desire to improve their image has certainly encourage some businesses to commit themselves to preserving the environment valley is a mining giant and a member of the world Business Council for Sustainable Development. Its train is an institution in brazil. Every year from the heart of the amazon to the Atlantic Ocean the company transports one hundred Million Tonnes of i and all over five hundred miles the population benefits from this valley train as they call it. Hello. Mike do you think you know whats going to come out of there i think thats a pretty good bet to feel pretty left to myself that i have a place. Valley operates in thirty eight Different Countries with a turnover of more than forty six billion dollars aware of its ecological impact the company committed itself to the Green Economy. It decided to reforest certain areas of the on isnt. It is already replanted over one hundred thousand acres of trees with a further four hundred thousand in the pipeline. Oh yes yes he is probably health. And you know ten twenty twelve valley receive the public eye award the prize for corporate irresponsibility. With these nominations some of the worst examples of corporate irresponsibility in the last year have been identified what is needed is not just a recognition of what is wrong with say there are environmental labor practices but systemic prove that i hope that these awards will raise consciousness of some of the kinds of worst practices that are going on in the world today. What did ballet do to deserve such an award what did valley do to trigger the creation of an International Victims organization while spending more than a billion dollars each e. Promoting Sustainable Development. Along its Railway Track are amongst other things five factories working twenty four hours a day transforming the law into cost ion in the process spitting out foul smelling and has a dismay and just below theres a village. For. Something. I. To. See. What game someone. May sourcing to. Die for that. Boy solo or hear or say no year old daughter or father or. Watch that was give them more our. Man. Yet in the eyes of the world the world of business and shareholders of course the valley has built a reputation for being green. In the heart of the amazon the multinational operates the planets most important ion mine and even if it willingly plants trees to offset its impact it also knows how to transform its good deeds into profit for sales on the markets these investments allow it to be listed on the Sustainable Development index of the stock exchange. Yes if i. Do. While claiming to replant the amazonian Forest Valley is only growing a single species of tree you can live tests. For the next year you got your say object on my that me might buy and use all would come back right here ive used in the salting since all photos. On the solomon i know are muslin and lager. Theyre so processing your large but the solemnly when youre going to. Do is see its a process a key. From one listens to me. These are two very good. A few miles away in a natural forest. But in the Education Center here you feel a little maybe an intern. For the middle of chorus so you feel a scene that there are few to divied amusement in face a biggie. You saw work huge fitting into looking nice use. How easy daughters face is blurred to see you dont have borders my orders a cuny though you circular thornell sole. Of your work you just saw. The observing i would the shoe. Be. So easy the ice pick use me grogan is a person that i saw or as i might there more akin to a key vice versa for my little honey. In thirty is overland with you can dip this will become barren until then the Financial Markets would have rewarded friday for their green investment. Ultimately the multinational will make even more profit by selling its trees for bio feel. Disguising a monoculture into a millennia old amazonian rain forest this is one of the great deceptions of the Green Economy a lie that consists i