Now, do we want our banks to continue financing fossil fuel projects such as Oil Exploration . Well, europes Climate Change credentials face an acid test today. Eu finance ministers will decide whether to back a plan by the blocs lending arm, the European Investment bank, the worlds biggest multilateral lender, to end loans to coal, oil and Gas Companies beyond next year. The decision comes against a backdrop of investors increasingly offloading their fossil fuel holdings, among them norways sovereign wealth fund, the Worlds Largest, which is dumping more than 13 billion of investments. But, despite millions of eu citizens joining climate strikes and rallies in recent weeks, the eibs plan is opposed by the European Commission and countries including germany, italy, poland and latvia. They want to keep funding gas projects to help the move away from coal to renewables. Germany is aiming to close its Nuclear Power plants by 2022, but doesnt plan to phase out coal Power Generation until 2038. Deirdre cooper, Global Environment fund manager at Investec Asset management, joins me now. Welcome to the programme. First of all, what do you make of the European Investment banks decision . Look, i think its a really interesting decision, notjust because the European Investment bank sees the people on the streets of london and other cities around europe, but because ultimately the people who manage the eib are risk managers, and they are thinking about investing not just managers, and they are thinking about investing notjust for two yea rs about investing notjust for two years in these types of projects, but for 20 or 30 years. And clearly as we transition to a low carbon economy, these projects have the risk of becoming stranded assets. So if you were a risk manager at the Worlds Largest bank, thats potentially not an investment you would like to make. But how do they see a real change . The eib is making it stand, but if you have governments in europe and also the European Commission that is not with you, to what extent are you going to have a real impact . Look, i think this transition is in many respects a very difficultjourney we have to make. This is probably the single largest investment the world has ever had to make in peacetime, and we need to do it in a just way. Investment in changing how we get oui investment in changing how we get our energy. Investment in the low carbon economy. So thats notjust changing how we get out our energy, thats changing the way we drive, thats changing the way we drive, thats changing the way we build our buildings and our homes. So you know, i think the eib should be thinking about is, yes, whether or not they should invest in fossil, but more importantly whether they should invest more in the low carbon economy. You know, if we think about where we are in terms of the Interest Rate environment, we have global low Interest Rates, particularly in europe, which is a very attractive environment in which to make this Huge Investment that we need two. You say that, and it is an attractive environment from that perspective, but a lot of these economies that we have mentioned, germany, many argue, it might even be in recession already. And so in that environment, especially with brexit and all the uncertainty, governments are preoccupied with other matters. Although, if you think about it, a large infrastructure plan obviously has a stimulus element to it, so there are many reasons. We have global low Interest Rates, we have to make this investment for future generations, as people like greta have explained so eloquently, and if we do it in the right way, we can create jobs. Its really interesting, actually. Weve just done a survey of individual investors and sometimes the man on the street is just as smart as the person who runs the big pension funds. I wasjust going to ask you that, very briefly, because we have run out of time, to what extent is your sector, financial services, pushing this agenda and seeing change from that perspective in terms of where the money is going . So the answer to that is u nfortu nately not going . So the answer to that is unfortunately not enough. 0ur survey shows that more than 80 of people would like to have climate positive investments in their pension fund, but only a small percentage are doing that, and thats simply because there isnt enough good product available. All right, well, lets hope there is in the future. Thank you for coming really interesting. After last weeks positive signals in the us china trade war, us treasury secretary Steven Mnuchin has sharpened the tone again. Lets go to our Asia Business hub, where rico hizon is following the story. Rico, what did he say . Really sharp turns, threats, warning china that if a deal isnt struck by the middle of december, new tariffs on 156 billion worth of chinese goods will be imposed. But President Trump seems to be more optimistic, describing the talks on friday as a love fest, and he said the preliminary deal would take about five weeks to complete. And, you know, it might be signed with chinese president xijinping know, it might be signed with chinese president xi jinping at the apec summit in chile. But listening to the chinese officials, they have been more cautious, more conservative in their approach about the outcome of those talks, simply claiming there had been progress between the two countries. Earlier i spoke with a former White House International economics adviser to President Trump, and he said a deal is still on track, despite mnuchins comments. He doesnt expect, though, a major trade arrangement being signed and delivered but are limited and partial trade accord during the course of the next several months. As we know, intellectual property theft and forced technology tra nsfers theft and forced Technology Transfers continue to be the sticking points between these negotiations. Now lets brief you on some other business stories donald trump has said he will authorise sanctions against turkish officials over ankaras incursion into north east syria. The us president also said washington will stop negotiating with turkey on a 100 billion trade deal and boost tariffs on the countrys steel to 50 . Backers of Facebooks Libra cryptocurrency have pledged to forge ahead after selecting a five member board. The announcement comes despite a series of high profile defections form the project in recent days. The dubai Property Market is in a slump. Prices are down a third since their peak five years ago. That means some buyers are picking up villas and apartments at Bargain Basement prices, and interest from china is booming. Vivienne nunis reports from dubai. Fairways in the middle of the desert. Golf fans take note. Luxury villas like this one are cheaper than they have been for years. In fact, property prices across dubai have dropped more than 30 since 2014, and thats led to a surge of interest from china. Translation i came to dubai for Investment Research with a few of my friends. I learned about the rental rate of return in dubai, and its quite high, so we decided to invest here. Rental rates are down, but the fall in property prices means investing can still be profitable for landlords. The softening in the real estate sector here was triggered by the dramatic fall in the price of oil back in 2014. Add that an oversupply of apartments Political Tension in the region and youre left with what many say is a buyers market. Firas al masadi sold more Dubai Properties than any other Real Estate Broker last year. My plan is to bring the same from china in 2019 so another 400 million from china alone so we are starting an office in shanghai, and the interest is concrete for us. Also encouraging Chinese Investment has been the uaes push to strengthen ties with beijing. First of all, the visa. We dont need visa to come to dubai, so this is a big difference and chinese feel very free to come, and also to live here and now you can see, even in dubai mall, you can see the chinese word sign. So its quite easy for them to explore in dubai. As dubai prepares to host expo 2020 next year, chinese investors wont have forgotten the boost the world fair style event gave to shanghai property prices a decade ago. Chinese investment in this corner of the middle east looks set to keep rising for now. Vivienne nunis, bbc news, dubai. More detail on financial markets. In japan we are seeing a bit of a catch up japan we are seeing a bit of a catch up rally because japan was closed on monday when we saw strong gains across the board in asia. Asia today is pretty flat following a similar end on wall street, because there is concern now that china is pouring cold water, perhaps, on the enthusiasm following the end of last weeks trade talks between the us and china. It seemed that china wa nts to and china. It seemed that china wants to hammer out further details, as we were mentioning. We have the price of oil coming off as well, so oil again down today, brentjust under 59 a barrel. We have american crude stockpiles going up. They seem to be ata crude stockpiles going up. They seem to be at a fifth week hi. And also with Global Demand slowing, the likelihood of demand for oil going up likelihood of demand for oil going up in the future is slim. So that is what is pushing down the price of oil. That is your business briefing. A perfect storm of increased demand and Staff Shortages means that people with learning disabilities in england are still being locked up in unsuitable secure units. That is according to a report by the Care Quality Commission. The watchdog also warns that more than half of englands accident and Emergency Departments are not good enough. Here is our social Affairs Correspondent alison holt. Scandals, including allegations in a bbc panorama investigation of patients with learning disabilities and autism being taunted and bullied at the now closed wharton hall hospital in County Durham outlined some of the concerns raised by the ca re some of the concerns raised by the care regulator. The Care Quality Commission report looking at the whole of the health and care sector says safety and quality are deteriorating in Specialist Mental Health services, with too many people looked after by workers who lack skills and training. In 2018, inspectors who visited hospitals for people with learning disabilities and autism rated 1 as inadequate. This year, 10 have been given this lowest rating. Last year, inspections of inpatient Mental Health services for children and teenagers found 3 were inadequate. Now, 7 are failing to meet standards. What weve seen is a perfect storm brewing, an increase in demand, plus some real concerns over the workforce. And what that means in practical terms is, there has been a significant reduction in the number of learning disability nurses, which means that the carers that are looking after people with incredibly complex needs dont have the support and the skills necessary. The report also says increasing demand on Staff Shortages are causing problems across the health and care system, with accident and Emergency Departments often having to pick up the pieces when people cant get the help they needin when people cant get the help they need in the community. The government says it is making record investments in the nhs, and that it is transforming Mental Health services. This is the briefing from bbc news. The latest headlines the us announces sanctions against turkey in response to its offensive against kurdish fighters in northern syria. Englands euro 2020 qualifying game in bulgaria has been overshadowed by home fans racist behaviour. And the duke and duchess of cambridge prepare for the First Official engagements on their visit to pakistan. Now its time to look at the stories that are making the headlines in the media across the world. We begin the mail and us President Donald Trump who has called for an immediate ceasefire by turkey as well as threatening sanctions following the countrys military operation in northern syria. The telegraph says a brexit deal appears to be taking shape after sources on both sides of the channel said a positive day of negotiations had yielded a potential solution to the Northern Irish border problem. The front of the independent shows bulgarian footballs fans giving nazi salutes during a euro 2020 qualifier game which had to be stopped twice after racist abuse was directed at england players. The incidents overshadowed the game where england won 6 goals to nil and now anti racism groups are urging uefa to take strong action, saying the governing bodys current sanctions are not fit for purpose. The ft reports, social Network Giant Facebook will struggle to secure Regulatory Approval to meet its 2020 libra launch date in the latest blow for the ailing Digital Currency project. The delay follows months of warnings that the project carries risks for financialstability and money laundering. And finally in the guardian, superstar signer Pharrell Williams has distanced himself from the hit song blurred lines on which he collaborated with artist robin thicke in 2013. The song has provoked controversy for its depiction of sexual politics and Pharrell Williams now says he is embarrassed by how chauvinist some of his old music was. With me is jane foley whos senior fx strategist at rabobank a lot has