Are meeting back in paris to discuss the deal and how to pay for it. The deal commits 195 countries to keep the rise in Global Temperatures to less than 2 degrees celsius from the pre industrial era. The International Energy agency has estimated it will take 3. 5 trillion a year for the next 30 years to contain that rise of Global Temperatures. As part of the deal rich nations have agreed to maintain a 100bn a year funding pledge to help developing countries to adapt and develop renewable resources. However questions have been raised over where much of this money will come from after President Trump pulled the us the worlds second largest carbon emitter out of the deal President Trump says the agreement would cost the us 6. 5 millionjobs and 3tn in lost gdp while rival economies like china and india are treated more favourably. Lets get more on this story with helen clarkson, chief executive of the Climate Group who joins us from paris. What are your expectations for this two year anniversary, especially as the us has pulled out. Has the momentum downgraded . The week has been fantastic. We have seen it as a galvanising force. 2020 is it the year when government have the comeback and make a new pledge and we need more ambition. We are starting a two year pledge. This is the kick off and we will see it more discussion as we get behind national governments. How big a deal is that the us has pulled out . It is a real shame. We spoke earlier in the year talking about this. The real loss is that the us previously it was a real leader and countries will look into it for leadership. There is a whole and we are looking at other countries to step in. China have very serious commitment and are taking a leadership role. We have states and regions coming forward with leadership. What we have seen happen is others have stepped forward. A big movement in the state, businesses, states and cities all pledging to keep going with the Paris Agreement and that has been an amazing thing to seats in thejune, when the pullout was announced. Quite often, when it comes to the money and the various countries and cities committing, that is when things tend to unravel. We mentioned some of the figures and they are big numbers. They are and i think the numbers. They are and i think the numbers you mentioned are important because we have to be talking about the trillions and not the millions. We need Capital Markets to get involved and we know that the dot like risks. But they are moving in as the perception of risk drops. Investment going into low carbon and that lowers the risk. Chinas banks are saying they are not going to invest in these huge coal mine in australia and in fact nobody wants to back it. We are moving into low carbon. It is the lowest price ever. That will make the difference. Is that more critical than the State Government policy in change . Surely government policy in change . Surely government policy in change . Surely government policy is that the stake, not just the carrot. Government policy is that the stake, notjust the carrot. It is both and we need both things to be self supporting. When the announcement was made by President Trump injune, announcement was made by President Trump in june, businesses announcement was made by President Trump injune, businesses wanted to stay in and they wanted the signal from government. What the paris framework does was give that security the business is to step forward. We need both. Thank you for your time. Tell us what you think about this. Where can business and Capital Market help . Lets get the conversation going today. Now lets brief you some other business stories five ministers have written to warn that takes changes to the us could violate international rule. Oppose changes would risk having a major distorted impact on international trade. One of the uks most Important Oil pipelines is being closed after a crack was discovered in aberdeenshire. The Forties Pipeline carries crude north sea oil across land for processing at grangemouth. The Forties Pipeline carries about 40 of north sea crude oil. That has pushed up the price of crude oil as well. The Financial Times is reporting that the Worlds Largest listed oil and gas group, exxonmobil, is to Start Publishing reports on the possible impact of Climate Policies on its business. The decision is being seen as a success for investors who have been pushing for improved disclosure on the risks it faces. Singapores has Just Launched its First Electric car sharing scheme the latest transport innovation aimed moving away from pollution causing fossil fuel powered vehicles. Bluesg has launched the Service Today with 80 electric cars and 120 charging points across the island. Sharanjit leyl has been out taking a look. This is one of about a fleet of 80 electric powered cars in singapore. If you are over 21 with a driver s licence, you can hop into one of these and go to the next charging point. There are about 30 charging stations. They may not look like much, there are only about two cars plugged in. You have your powerpoint plugged in. You have your powerpoint plug into the socket, like any old electric device. It does not look like much but the company has ambitious plans and they want to increase the number to about 1000 ca is increase the number to about 1000 ca rs by increase the number to about 1000 cars by 2020 and that would put singapore is second only to paris in terms of having the Largest Electric car sharing scheme in the world. Singapore is really a microcosm of what is happening elsewhere in the world. This transformation in the presentation industry was dubbed generally the move away from fossil fuelled cars to cleaner fuel and you also have the cart riding apps, bike sharing et cetera. Getting away from the deer of buying your cart and driving from now to p. Many countries indicating they want to stop the sale of fossil fuelled cars and move to cleaner cars to reduce producer. China, britain and france and others and singapore moving that way as well. From car sharing to bike sharing now, which has grown massively around the world recently. One problem with many of these schemes is the chaos often caused when people dump the bikes after theyve used them. Its a problem in australia where bicycles have been cluttering the streets and piling up on beaches. So will aussies ever embrace the system . They are lying down randomly around the place. It is a good idea but i do not know it is going to work because people have their own bikes. They are just sort of throwing the bikes which is a bit of a problem. They are parked wherever they are left, in the gutter, they are a major issue and they are uncontrolled and they need to be operating in a better way. Based on experience from other countries, it takes 6 12 months the people to getting used to it and enjoy the service. At the end of the day, it is a good for people. It is healthier, greener. A lot of people dont understand and that is why it will take a little bit of time. What do you think about that . Looking at the markets quickly. That is australia and hong kong and also japan. Slightly. We have markets pretty flat because we have the fed meeting today and tomorrow and an Interest Rate increase is expect it in the us. A big jump in brent crude. Stay with us. We have the news briefing next. This is an interesting idea. Offering new mothers Cash Incentives could significantly increase breastfeeding rates according to a new study. More than 10,000 new mothers where offered shopping vouchers worth up to £120 if babies received breast milk at two days, 10 days and six weeks old. Adina campbell reports. Breast feeding the newest member of the sutcliffe family is a lot easier the sutcliffe family is a lot easier the Second Time Around but after fionas first daughter was born, she was spurred on by shopping vouchers and during the toughest morning. Was spurred on by shopping vouchers and during the toughest morningm is really important to keep going, especially when the night was quite difficult and i thought about giving up difficult and i thought about giving up Breast Feeding and it was another incentive. So we claimed the vouchers. Fiona won of 10,000 mums took part in a study over 18 months. They were offered £200 and shopping vouchers at five different stages of Breast Feeding. £40 at two days old and the same amount at ten days, its weeks, three months and six months before getting the vouchers, claimed forms were signed off by midwives. Overall, the Breast Feeding rates went up by 6 , which researchers believe is a difference. We do know that biologically and physiologically, we are designed to rest it. Given the right support, 99 of women can breastfeed. There are plenty of benefits to receding but these mum in sheffield have it views about getting paid to do it. |j in sheffield have it views about getting paid to do it. I do not think it should really be monetary. People might get persuaded just because of the money. If you cannot do it, it is a fine also. It might help to get the message out to have an incentive. The uk has some of the lowest breast feed i ng an incentive. The uk has some of the lowest Breast Feeding rates in the world. Researchers say vouchers are a small price to pay with long term benefits to babies and the nhs. This is the briefing from bbc news. The latest headlines World Leaders are gathering in france today to push forward plans to tackle climate change, agreed in paris 2 years ago. Us President Trump will not be there he pulled his country out of the agreement injune. The bad weather has continued for millions of people across europe. Heavy snow caused chaos on sunday and monday. Hundreds of flights were cancelled in the uk, the netherlands, germany and belgium. Republican and democratic contenders of running to represent alabama in the us senate have held their final rallies before a special election. It is the closest race in the state forfour it is the closest race in the state for four years. It is the closest race in the state forfour years. On it is the closest race in the state for four years. On tuesday, it is the closest race in the state forfouryears. On tuesday, it it is the closest race in the state forfour years. On tuesday, it will choose between roy moore, a former judge and doug jones, a former lawyer. Roy moore is facing sexual abuse allegations. Now it is time look at the stories that are making the headlines in media across the world. We begin with the independent, and on its front page is this picture of the man suspected of attempting to explode a bomb at new yorks busiest bus station. The explosion injured five people, including the suspect, who has been identified by authorities as akayed ullah. The gulf news leads with russian president vladimir putin, who the paper says has ordered the partial withdrawal of Russian Troops from syria during a surprise visit to the country. The ft carries a warning from finance ministers from europes five largest economies, saying the trump administrations
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