Business im. Lynn welcome thousands of delegates from around the world are end of the german city of vaughan the racing to resolve outstanding issues in implementing the Paris Climate Accord nearly 200 countries signed view agreement back in 2015 committing to limit the centurys global average temperature increase to no more than 2 degrees celsius above preindustrial levels lovemore on the issues in just a moment but 1st heres a look at how countries compare in terms of c o 2 emissions. Well 28 percent of global emissions china is the biggest offender the United States at 16 percent comes in at number 2 germany with just over 2 percent comes in 6th place but its a very different story when you look at per capita emissions here qatar comes out way on top the average person there emits over 30 tons of c o 2 each year thats north of the much as the average person in the u. S. And many times the global average of less than 5 tonnes per head no Carbon Trading the buying and selling credits to emit c o 2 is a big topic of those climate talks i mentioned earlier today i spoke the stuff on a climatologist at the pots them into 2 for climate and research i asked them why you think that Carbon Trading would be an effective measure to curb emissions its basically essential part of getting out of the c o 2 emissions because as i said were fighting against the market prices if youre making is simply free indeed now youve talked about the role of new technologies could you tell us a little bit more about what industries role should be and terms of achieving the climate goals. Well 1st of all some of the fossil Industries Need to stop lobbying against climate protection and climate legislation its been recently revealed that the 5 Biggest Oil Companies alone spend 200000000. 00 per year lobbying and delaying climate against like climate legislation and i think Industry Needs to change their Business Model to be compatible with a Paris Agreement rather than trying to cling to the old one and trying to undermine the implementation of the Paris Agreement and what advice would you have for governments in terms of trying to combat this kind of lobbying about you mention from corporations to try and undermine the reaching of these goals well the governments shouldnt basically listen too much to special interest lobbying but have the interest of humanity and their own citizens on their mind 1st and foremost but is there any way to ensure that that happens is there any mechanism to ensure that governments put humanitys interests 1st and not corporate interests well i think basically the people have to put pressure on the government as have been happening now for example with the worldwide fridays for future movement where the students are demonstrating in the streets and we have seen already in germany that that has really woken up the politicians who really havent theyve lost the last 10 years in terms of Emissions Reductions and now our chancellor shes last week she visited our institute for example shes putting climate protection back near the top of the agenda and thats where it belongs so that sounds like a rather hopeful development you are often quoted as saying that the future of civilization is at stake whenever youve been quoted in the media do you feel heard. Well not enough obviously because we have very little time to lose now we. Currently we can still image worldwide around about 800000000000. 00 tonnes of Carbon Dioxide and that is about 20 years worth of c o 2 emissions and then we emit so much that we tahn stay well below 2 degrees as stipulated in the paris equipment anymore so its a race against the clock now because all the chickens havent listened for the last decade to this science after all 1st official report warning for from Global Warming dates from 965 a message of urgency from mr stuff hes a climatologist at the institute for climate and research thank you very much thank you one day after u. S. President donald trump criticized the European Central bank for hinting at future Interest Rate cuts the Federal Reserve in washington will make their Interest Rate decision following comments investors seem to hopeful that the u. S. Will soon cut Interest Rates before any announcement of the dollar and euro traded flat. Joins us now from the Frankfurt Stock Exchange daniel the e. C. V. Signal of looser Monetary Policy fired up markets yesterday with many wondering whether that will mean Central Banks around the world will follow how does it look today. He had originally well the hype that we saw yesterday after mario draghi the financial guru thats how many call him here in the financial world in frankfurt was speaking in portugal just not really continue today the. Dax closed yesterday after investors got excited about potential more cheap money from the e. C. B. Here with more than 200 points in the winning zone the picture right now you can see it in the background slightly different we are down here right now with about 20 points and that is happening even though the mood among traders in ager has been rather positive today investors are again little bit more hopeful in ager that a meeting between the u. S. President and his chinese counterpart during the g 20 summit at the end of the month could finally bring a long awaited solution in the ongoing a trade conflict between the 2 nations more excitement in asia and less nearer but looking ahead to the Federal Reserve whats the decision expected for tonight. Well one thing is clear investors here on the Trading Floor are reluctant they want to know in which direction the Monetary Policy off the fat will be heading the fed is expected to leave Interest Rates on hold by the flag whether it plans to cut rates later this year as investors expect and the u. S. President over and over has demanded will know more by 800. 00 g. M. T. Today after the meeting and this will be followed by a News Conference with chairman powell the central bank will also update its 4 curves for Economic Growth employment inflation and also Interest Rates. There in frankfurt force thank you very much. The group of 7 nations have given facebooks plans for a crypto currency the thumbs down french finance minister brought in the american system that only governments can issue sovereign currencies a high level g 7 working group will be set up to examine the risks of crypto currencies the Global Financial system they will also look at how to ensure controls against Money Laundering activities facebook unveiled its much rumored currency on tuesday and said it will work with partners such as birth these up master card and pay pal to launch believe early next year. The ongoing trade dispute between china and the us is increasingly making itself felt in the real world of business and agriculture while the white house and beijing keep throwing you tariffs that one and other farmers in the us are beginning to feel the pinch and how important the Chinese Market has become for them. On the banks of the Columbia River in Washington State the cherry harvest is about to begin summertime is cherry time peak season for pickers and growers mark craigs and his family have been cherry farmers for decades. It takes a lot of money its a lot of sweat a lot of blood a lot of tears to get a crop in production and when we get to this time of year when most of the cost through paul gets harvest time up to a 3rd of our cost could be could be involved at harvest most of the sweet cherries here are heading for china but this years harvest comes at a difficult time for american farmers. Last year when chinas tariffs came into place our costs that consumer cost in china rose as bunches 40 percent and with the increased cost market typically that markets going to buy less fruit and that 40 percent increase ended up coming out of our bottom line as well and the trade war is escalating since the beginning of the month the chinese have imposed additional punitive tariffs on 60000000000. 00 worth of u. S. Goods. Many products including fruit are now subject to do hes of up to 25 percent the effects are passed through the entire production chain. If its resolved we hope to be able to get back to where we were with china in regards to export cherry but every time theres a ticket from a country or region in the world to see why a particular part of the world other countries and regions step in and fill that. In the meantime the harvest waits for no one to cherrys must be picked when theyre just right sorted and packed and these farmers hope theyll find a market before they spoil. Well the global snail farming industry is zipping along its current worth its currently worth an estimated 10000000000 euros and its not about eating the critters as you might think the ancient greeks and romans used nails for beauty treatments and 2000 years on the Beauty Industry is rediscovering slimed based in care and health products. Global consumption is growing and many of the snails eaten in traditional as god go territory france now come from sicily sardinia and and in sicily specialized farms produce excellent quality snails thanks to a perfect climate and just the right soil Agricultural Association called it he estimates 44000 tonnes of live and preserved snails are produced annually in italy an industry now worth more than 200000000 euros. And used to be all about guest report guess trami but production has more than tripled in italy over the past 2 decades as demand grows for snail caviar and slime. Over the ancient greeks knew the Health Benefits of snail slime it was only rediscovered in the 1980 s. Chilean snail farmers noticed how soft the skin on their hands had become and that cuts and scars healed quickly although some people would prefer just to eat the snails research has shown that snails live is rich in vitamins proteins and substances such as college and a less than popular ingredients in cosmetics in the past the snails were killed with salt for the mucus but these days more humane methods are used. Time to check out those details thats it for me and the Business Team here in berlin for more Business News and features check out d. W. Dot com slash business or follow us on social media on twitter and on facebook thank you very much for watching. If you ever have to cover up a murder best way is to make an accident. Raring to. Memorize my christmas. List. Streets. Its the final. Local tourist guide for germanys booming i love berlin. 50 news shows 50 stories and 15 very personal to berlin is very best features. Planet for our hero max series every week on d w. Welcome to arts and culture d w news from the creative world today we look at how artists from outside the west are flipping the script at the Venice Biennale it also on the show. The target 1st god who wins germanys peace prize for exposing the threats that face humanity. Our planet. And on our series planet berlin how a man born in turkey wound up running one of the german capitals premier jazz clubs. But 1st off the Venice Biennale is often called the olympics of the art world its where people go to see the best of the best from around the globe also the weirdest were. This years top prize goes to the lithuanian pavilion for this installation called the sun and the sea its about Climate Change but the piano is also expanding inside well beyond europe more than ever before nonwestern artists are telling their own story. And it over to scott rocks for is here to tell us more about that scot welcome to the show so for its 120 year history of the Venice Biennale it has basically been a celebration of western art its not been very diverse how are they going to change that yeah i mean its a big big issue i mean one of the artists of black artists a few black artists who