Later from new york carter look at the Economic Cost of rising sea levels. Warm up the extraordinary risks divers in peru are taking to bring in the cash. Death toll from the coronavirus keeps on rising its not only crippling chinas economy its having a knock on effect globally formula ones race in shanghai has been perspective and this Years Mobile World Congress half a global way in barcelona has been cancelled or oil prices have tumbled 20 percent below their january peaks raising the prospect that opec could cut production again its not only opec thats feeling the pinch china has also turned away gas tank is slashing gas prices in half and Just Like Oil theres a glass of gas on the market yet unlike opec theres no collective resolve to control prices but over the last 2 days. Cades a group of 12 gas exporting nations have been working to break the link with oil prices right now 34 percent of gas is traded on the markets but despite controlling 70 percent of the worlds reserves theyre no closer to using that economic muscle to control prices and his the reason why gas is seen as such an important mix in global trade while hydrocarbons like oil will see a decline in use over the next few decades l. N. G. Is seen as an interim solution to our dependence on crude oil problem is big produces like Australia United States norway dont take the form seriously because has yet to carve out a role the gas exporting countries form is based in doha and its general secretary is the former Russian Energy minister i caught up with that year recent urine and began by asking about the impact of the corona virus 1st of all i would like to express my sincere condolences with the people suffering from this disease in china in the conference. And its a great prejudice from my point of view and of course. A speedy recovery for the ones who are infected i see of the International Community and specifically Chinese Government started struggling against this disease of course from because of the g c of confidence them. Success in this struggle speaking about the world global trade. Natural gas state of course we feel that this city ation impacts negatively but i think that this is again the temporary. I hope that this disease wont have global complications already isnt it because china is saying its not going on a contract exactly this is a forced measure a situation any contract between say a lot of. Have got a special. Close which is called force measure that theres some events and maybe city ations which are out of the influence of participants of the potus of the contract but the good. I think that this is a temporary situation because fortunate life. Hasnt stopped and people will continue leavin will continue but abuse and will continue concealment and will everything will continue from my point of view of course some delays may be some past moment and so on so forth but speaking about mitt personally i dont like to exaggerate the city ation negatively. On that to her friend we should solidify our efforts and we should strengthen our stances. Confronting these challenges in order to meet this challenge is sent to all walk around the city and the prices are less than half what they were a year ago what kind of pressure does that put on produce is could if there is a great pressure on the other hand speaking about natural gas trade you see the 2 thirds of. Contracts between producers and sellers and buyers from the other side this is the contracts that elated to the socalled oil and oil products indexation it means a. Natural Gas Producers are protected from this point of view because theyre survivors side of that metal. Low prices high prices the amount of investments in the upstream in the midst in which is crucial of crucial importance for producers fortunately is a lawyer dimension 2 thirds of our contracts a long Term Contracts with oil and oil products in the station. Spera sir speaking about one thought of the products that this conflicts that the sport contracts short Term Contracts we see will be tennis that buyers for the time being try and insisted to increase the amount of short Term Contracts and they are interested in the heaven sport prices but this is this edition of rather. I can say we see here some equilibrium or says Something Like these but this is a temporary one from our point of view and as far as United States concerned of course they are not part of the g c e c f n a little israel is not a problem exactly its not the problem we try to establish the bridges with both countries with Gas Producers we do that through Different International for us congress isnt exhibitions g. C. F. Is in white its on the regular basis by the organizers so we have got an opportunity to exchange views with them not only for the dimensions international. For us and to exhibit sions but i mentioned for example g 20 the United States australia both countries g 20 members so this is an opportunity for us to discuss methods of mutual concern more of that theres another phenomena. Witnessed recently that the devilishly meant of the east Mediterranean Gas forum as far as saying no with the participation as an observer of the United States it means that u. S. Companies that are present in that country are interested in having regular contacts when we look at what the scientists is saying that needs to be done to stop catastrophic Global Warming then their reliance on gas will diminish as time goes on how are you preparing for that and we are completely convinced that the weakest and the most efficient of. Bly response to the Climate Change that is the extended it to lizzie sion of natural gas as of the mostly a most friendly environmental fuel i dont like to call it forssell fuel but that this is really a fossil fuel exactly exactly but that this is the more than the bottom mentally Friendly Force of fuel and that this is of the quick and the the quickest response to this challenge i mean Climate Changes and struggle against Climate Changes this is our idea and one more can i just interrupt you just very briefly the last point the Research Group the Global Energy monitor said that the proposed tripling of global l. N. G. Capacity risk risks in introducing decades of emissions of methane a potent and difficult to monitor Greenhouse Gas which is that old with the Paris Agreement. We started specific goal is some outbuilding that if scenarios connected with the usage of. Hi drew gen. As a part of the future natural gas mix through Hydrogen Technologies well be able to reduce the rest of the myth the food off of the whole nature will give us a value chain or chain of production so this is for the time being one of the core. Activities or. I can say it met us of our specific scientific interest i participated the recently in some International Global discussions devoted to the television of hydrogen and Hydrogen Technologies in connection with natural gas with methane there completely promise in and thats why i made the statement that g 20 get that in the minister of ecology and energy in japan last year in june i stressed. Specific upon the blue eyed little jim technologies on the basis of natural gas so in spite of character of the natural gas of that if you ever write of opportunities how to make it carbon less. More or less harmful and more useful for for the Community Center and thank you very much youre welcome thank you for. Not warming oceans in melting ice caps could cause sea levels to rise by more than a meter by the end of the century and that would affect into space up to 680000000 People Living along the worlds coastlines the u. K. S National OceanographicCenter Projected that flooding from rising sea levels could cost 14. 00 trillion dollars worldwide annually by 2100 United States will need to spend 400000000000. 00 over the next 20 years to improve its flood defenses new york is considering spending more than 100000000000. 00 on a storm barrier to which President Trump tweeted its a costly foolish and environmentally unfriendly idea the world bank believes every dollar spent on sea defenses can yield between 7. 00 to 10. 00 by preventing costly damage well in todays here is planning to spend more than 30000000000. 00 on moving the capital because joe carter is sinking at an alarming rate 90 percent of the city could be submerged by 2050 reports now from jakarta. Around 4000000 people live in water on the north coast of jakarta many stay in unsafe buildings and partially submerged streets like this is the water has had to raise the foundation of her home because of the high tides and rain that of course flooding in the area and thats because part of indonesias capital sinking of our own the land and sea used to be the same level unlike now then they started Building Hotels and thats led to flooding we keep trying to raise our land higher but water keeps coming in. Under water digging and growing development is causing the land to sink in jakarta bay as water is pumped out the ground gradually subsides only 60 percent of jakartas population has access to a piped Water Service which means many have to use wells flooding is also common especially during the rainy season some of the rivers that run through the city are unable to drain water in 2017 a powerful deluge hit more about 2 destroying hundreds of homes. When the wall broke i heard a noise like an explosion water came in like a little too my husband was pushed by the watch and broke his collarbone we had to rebuild everything. Parts of north dakota have sunk by up to 20 centimeters a year and several areas along the coast below sea level this mosque couldnt be salvaged now left lying hof submerged the government has since built defenses to protect the citys coastline but theyre also sinking into the mud this is done. By the government to prevent the sinking with sea water is still seeping through the cracks and many here say that without a Long Term Plan to cause a could be lost in the coming years. And parts of a sea wall collapsed last month adding further pressure. Authorities have also tried to enforce restrictions on extra. In water and new pumping systems experts say its not enough to save parts of jakarta from going under water fast response. Against the sinking and of flooding and then but it is like a pen killer only so we need to find a cure for a real. Subsidy to do grown what ive put basin. So we asked for and what that better Water Management to the government all the while sea levels are still rising because of Climate Change and many here in jakarta say they have nowhere else to go. Here Mohammed Al Jazeera jakarta. Well joining us now from london and. Shes the head of Adaptation Research at the Grantham Research institute on Climate Change and the environment welcome to the program so we definitely have for a fact Sea Levels Rising here and tens and hundreds of millions of people are exposed tell us more about what coastal communities face and the impact on people and the economy. Yeah well thank you very much for having me its a pleasure talking to you about this Climate Change is really the defining issue of our generation and we see this not theres a distant threat as maybe we used to do a couple of years ago because it is now now real and we can see this happening around us we can see the impacts. Coastal areas are particularly exposed not just because of Sea Level Rise but also of other challenges so water usage also the fact that a lot of coastal cities particularly megacities at the moment we have around half of still half of all the global megacities are and coastal areas so these are massive and still growing. Size where people live where the livelihoods are and these are exposed from Sea Level Rise then rather more easily theyre exposed that means right now as displacement and so to. Well this this depends how well were getting our act together really i mean we still have a good chance to actually deal with the causes of Climate Change and all the commitment that were hearing at the moment around net 0 carbon that needs to be seen in the context of keeping the impact at bay and manageable but even if we would achieve what we are currently committed to under the Paris Agreement which are says that we want to aim towards keeping temperature rise up to 2 degrees warming by the end of the century even if we would do that were still set for Sea Level Rise between 30. 60 centimeters by the end of the century and that might sound not significant but it is pretty significant it is much accelerated compared to what weve seen in the past and these are peoples livelihoods that are impacted from flops in some cases it will mean that people will have to move to other areas sort of jump in there but do the job is a ton of attention youre talking about cost trillions of dollars far in issue if youre a rich country but what if youre a poor country whos going to from to book well it is a really important issue and that is part of the negotiations that we see globally how can we support particularly Vulnerable Countries and particularly those countries whose not hat the emissions that we have caused in the developed world in the parser how do we support those countries and there are already significant. Investment flows funds being made available but. More or less this is pledged rather than spent so the 1st task would be to make those pledges real and deliver but the 2nd point is we shouldnt really just see this as a cost you know this is also an investment i mean a its a nest. I say investment into our future but its also a chance to think about how we want to design a society in the future and that is very much the case often developing countries i mean people have country exposed to they they have you know ambitions they have a vision of what that future will look like and you know that is an opportunity that we need to assist them to design that and not just sort of say look you know this is a problem we cause that unfortunately you know youre going to be the one to suffer from it of course has a great deal of expertise out there not least from the netherlands lot of countries attorneys of netherlands what have we what can we learn from what theyve done there over the centuries and how they bring it forward to the the challenges and risks ahead. I mean the netherlands an interesting case because theyve really drawn the lessons from a catastrophic event this was in the 1950 s. Where they had a really does suck at flood event and theyve drawn the lessons they made that central to government policy they made a commitment saying this cant happen we cant have anybody dying from a flood and that became the central policy theyve invested they but they also and this is the important part they have an approach that looks at this more holistically so yes they rely on diets on the sort of pole the system that they have developed where they actually try and stop the water and manage water flow but they also look at building codes and how you build and where you build and people really need to understand that even if you live behind it you know you cant really feel safe it needs to be sort of part of your psyche that you know what a risk is there netherlands being very low lying land so thats what we can learn from the netherlands. Its all about momentum isnt it and what to do from a mentor when you have people like donald trump saying rather disparagingly of new yorks efforts to build flood defenses spending billions on projects that its. An environmental idea what theyre doing and you just pick up mops and sweet broccoli. Well i think it is really important that we get not discouraged but also see that you know this is a huge opportunity its not not just an obligation to do it but often oblique out the geisha and for a future generations for us to to see the positives and the opportunities and this and i i actually honestly believe that its those who are blocking this and the likes of. Donald trump other politicians you know they they are running out of arguments fairly soon and i think if we manage to actually build a more sort of public recognition that a this is urgent but this is also an opportunity for us to rethink how we want to try a t. To to cooperate and deal with the future and build our future then i think there is a good chance to actually get get this still reduced to lets say below 2 degrees which would still be significant but still be relatively manageable for us as a whole city is a mystery thanks very much indeed thank you well as our oceans warm up stops official becoming increasingly scarce along coastal areas which means fishermen improves not having to risk their lives to make a living they blame both Climate Change and overfishing zahras Mariana Sanchez reports now from paris south of the capital. Looking for crabs and scallops is not an easy job 26 year old we. Nearly a minute every time sometimes 5 to 6 hours nonstop he says finding shellfish these days is difficult. The water is warmer so the crabs hide underground theres been over fishing in the past 3 years we havent found any squid around here. The bay of lima is an area protected for its diversity fisherman are assigned a part of the bay where they can hand pick each shellfish especially scallops but now the surface trucked in wheat consuming more time in catching and cleaning before they can be sold after 40 years farming shellfish says the richness of this bay is being lost. Overfishing in the change of the water temperature as to form the natural banks the industrial activity around here also increases and is warming up the water its a series of reasons for this bank to be scarce but it is coast is among the most productive fishing areas in the world more than 70000. 00 families depend on our to fishing they produce at least 65 percent of the fish consumed in the country large scale industrial fishing is also taking a toll on small fishing communities these fishermen go out at sea for days. For hours but unlike years before now they dont know if theyll arrive here at the port with enough fish or shellfish to make ends meet thats why fishermen are putting extra pressure on themselves Alexandra Ramos afford a decompression accident that left him with permanent muscle damage fatigue spiegel says they have no option but to dive deeper. We often risk decompression because sometimes we feel we have to run back to the ports or products so we get anxious and come to the surface faster so now we risk more and sell less. That is fishing. The Ministry Says it will implement vigilant committees to supervise the quality and amount of seafood harvested the poor people turn to fishing indiscriminately as a quick solution to providing a livelihood their chance to make money impacts on the most superficial starts so thats why more divers are risking no more accidents which are now frequent many academics say the effects of Climate Change on the fish and shellfish stocks is still under investigation but his government is fast tracking regulation of fishing and shellfish gathering but already the small scale fishermen say it is much harder and dangerous to make a living. With that is our show for this week if youd like to comment on anything youve seen you can tweet me at clark is the address please use the hash tag a j c or just dropped an email account of the cost. Is the address for about one more for you online. Call c. D. C. And that will take you straight to our page which individual sports link. You to catch up on. I mean clock counting the cost thanks for joining us the news on aljazeera is coming. The one thing about these bars is that its really wiped out the. Climate sure it informed opinions economy i think is actually whats keeping donald trump afloat right now critical debate sequel although through school youve been told were always on d a bogus argument is astonishing really apart from times an indepth analysis of the days headlines this is the beginning of a new iraq of the new conscious and aware youth about struggle against an ethnic sectarian coulter inside story on aljazeera. The race for the white house has begun this mom went to 04 states have their say on the day wants to please dont try to move the election. Joining us throughout the day for continuing coverage of the 1st stage of the 2028 u. S. Election. On new jersey. A unique kid endangered biodiversity lives in the heart of one of the ecuadors tropical jungles there was a lot of misinformation about the animals of a half year i know that becoming a boss others of conservation in their communities aljazeera journeys deep into the rain forest to follow a scientist untied teams efforts to save the flora and fauna so precious in the region women make science ecuadors Hidden Treasure on aljazeera. Our coverage of africa is what im most proud of every time i travel day whether its east or west africa people stop me and tell me how much they appreciate our coverage and our focus is not just on their suffering but also on the more uplifting and Inspiring Stories people trust our g. M. To tell them whats happening in their communities in a clear and biased way and as an african i couldnt be more proud to be part of a deal. With understand the differences and similarities of cultures across the world so no matter when you call will greet the news and Current Affairs that matter to you. This is al jazeera. Everyone im come out santa maria and this is the news hour from aljazeera i want to focus on the pentagons top concern the peoples republic of china the u. S. Calls china the biggest threat to the global order as it steps up its efforts to persuade European Countries to huawei. Also results within weeks the World Health Organization says more than 80 trials are underway to treat coronavirus the u. S. And Afghan Taliban agreed to reduce violence for a week in whats seen is the 1st step towards an