Others in the city of dallas. Local media says it started as a grass fire that spread quickly. Judas strong winds. Ah. This is our disease at the top stories that are celebrations in shanicea by supporters of the president as the country votes on a new constitution. Early polls suggest the changes will be upheld by the turnover when low critics of k said. So the new constitution will make the country a dictatorship again. Po process has apologized to canadas Indigenous People for what he describes as the evil inflicted in residential schools, one by the catholic church. More than 150000 children were forced to live in them. And many suffered physical, mental and sexual abuse can only goes as it pains me to think that catholics contributed to policies of assimilation and enfranchisement. That in co, katie, a sense of inferiority robbing communities and individuals of their cultural and spiritual identity, severing the routes and fostering and prejudicial and discriminatory attitude. And this was also done in the name of an educational system that was supposedly christian. Ukraine says that in the next few days, it will export its 1st shipment of grain since the russian invasion keven moscow struck a deal last week to allow the shipments but a Russian Missile attack on the port city of odessa. So that into doubt, russian owned the energy giant gas problem is flashing gas deliveries to europe through the north stream. One pipeline from widen stay. The company says its shutting down a turbine to carry out maintenance. Jeremy says theres no technical problem. Schools have reopened, in sure line up as a country struggles to overcome a few crisis. Pupils are allowed to attend classes 3 days a week. That economic crisis means the fuel has been rationed in large parts of lanka. One of the principal architects of northern islands, good friday agreement has died. 1877 farmer 1st minister david chombo played a key role in the 1998 deal, which ended decades of conflict. It also and him and Nobel Peace Prize tremble was the 1st union, his leader to negotiate with the irish nationalist groups and fame. Since the partition of ireland, there was the headlines coming up next and all the 0 is counting. The cost by there is no channel that covers world views like we do. The scale of this camp is like nothing youve ever seen access to health care or something. Well, we want to know, how does these things affect people . We revisit places day even when theyre no international headlines. Also theyre really invest in that, and thats a privilege. As a journalist, ah, i dont give it out. This is counted because on al jazeera, youll look at the world of business and economics this week. Record breaking temperatures and ferocious wildfires. Scientists want europe is becoming a he twice help. How can the continent adapt extreme weather conditions want cars . Also this week the world needs to burn less fuel to slow Climate Change. Pos are developing nations, getting the funds they need to switch to Renewable Energy and back to the skies as the travel industry recover. Some of the pandemic losses we look at the demand will be all via substantial aircraft at the u. K fund and show the research as estimate hey, twice have shaved an average. There are point 5 percent off. Europes annual g. D p. In the past 10 years in 2022. The losses could be even greater to this. Just a few of the factors, much of western europe is sweltering on the record. Breaking temperatures. Wildfires a sweeping across easily, greece, france, and spain destroying crops and to Energy Prices are up because of the war and ukraine. Famous robbie has this report form to donna in northern spain. When the inferno came, farmers in some ora became firefighters with oh my god, he says, i am all alone. In remote areas like this, there is no time to wait for a rescue crew. You have to save yourself. The wind whips up the flames in every direction. It is easy to find yourself surrounded. Mm hm. I came out of nowhere. I go go. Days later, manuel hills charge soil putting out any remaining embers in more than you do i you that we had hell. But from other farmers in the area we thought is the local government didnt help us was told that it is. Its very nice to come after the fire and say we will pay for all of this. But the time to help us is when the fire is here in the blaze burned crops, destroyed infrastructure and left behind. Economic uncertainty, fires in this part of the country may be under control for now, but there is still smoke hanging in the air. You can see it obscuring the landscape. You can even smell it for the People Living here. And for those fire rescue teams that are based here in tomorrow, these are ever present reminders of the wild, far season is far from over your money for 3 generations, yolanda. My o julians family has lived and worked on this land you off. She watched their bar and go up in flames in minutes, taking stock. She says they dont know how they will be able to recover. And ya know, gabby, i was done on bundles, ive never seen anything like this before. The fire came very quickly with a lot of wind. It was just relentless. We could do absolutely nothing. It still going, it still has a lot of power. There used to be hundreds of animals here, most were moved, but yolanda family could not save the hey, the livestock eats even before the wildfires changed this landscape of life here was hard families struggling just to make a living are now scrambling to keep their future from turning to ash, zane basra, the old, jazeera, tara, spain, or lead dig into the numbers now. Extreme weather conditions have cost year at more than half a trillion dollars in the past 4 decades. Germany alone has lost at least 7000000000. 00 on average, annually, and damage over the past 2 decades. Basically, estimate each fire costs around 25000. 00 an acre. Over a period of 15 years, the government now warns a 3rd of the countries agricultural output is at risk. And france has hydropower output has dropped by 22 percent the 1st half of the year from 2021. Well, its exempted that heat waves of worse and because of Climate Change in scientists of urged government to take action. Europe unveiled the plan last year to address Global Warming and cut emissions by 55 percent by 2030. But despite the pledge to reduce reliance on for the fuels many european nations and now burning more coal after rush and gas supplies were reduced. To discuss all of their fun join now by 27. 00 sky who is running out from london. She is the managing director of climate and sustainability at marsh mcclendon, and shes also a member of the independent Adaptation Committee that advises the u. K. Government on climate risk. Thank you very much for joining us on counting. The costs will be talking a lot about Food Insecurity, given the war in ukraine, but what impact is the heat wave is droughts going to have on the continents and the Food InsecurityGoing Forward . Well, then already on the stress then 20 you how vulnerable supply and distribution chains are to conflict political unrest and also to extreme weather. So you can say that it couldnt come at what time a big factor in this is water. And its, its worth what to note that according to the world house organization, by as soon as 2025 half of the worlds population will be living in areas impacted by water scarcity. So drugs already having a big impact on community, on ac culture, energy, and infrastructure, and the economic damages are increasing and weeks. We expect this trend to continue. I think its really important to understand that why, while this will have an impact on food prices, Food Security in europe is still relative dca. But we need to also look in, in a global picture and look at, you know, the implications that these events have around the world. And this, this gesture of how interconnected, while it drives the current, the same time actually across different regions of the planet could actually place an unprecedented strain on our system. How is the current heat wave effecting Energy Prices and how might that impact transition to Renewable Energy . While again, the timing is, is really bad because our Energy System is already on the lot of stress and the current heat west piles. Additional challenges on those who are working on so hard to make that transition to renewable entity. So wed be in strain on transmission systems, reduction, competitive nuclear hydro, such as an Energy Demand for cooling and pushing up prices. So it, it comes at a bad time. But at the same time, how chronometer, well committed to the transition, and were also seeing progress. For example, Renewable Energy accounted for more than 80 percent of the was new electricity capacity and last year. So its really important that these rates of Renewable Investment continue to increase, but it is a challenge, and we, we call this the, the tri, lemme energy. So what we need to do is he Energy Security and an affordable and sustainable way. And it is particular challenging right now, and it brings difficult choices, but its, its not taking these measures. Its not really an option because the cost of an action will be significantly, as youre saying, this is all a reminder about how into connected everything is, is this also a reminder of the importance of adaptation and preparedness . And, and can you repeat countries afford to do that right now, given the, the risk of, of recession, reboot again, another case in the pre patton is, should really be seen as an investment and not as a cost because this is what will keep us going. This will help to keep those future damages and losses at a manageable level, and thats why its important to also take action now. So taishan means can make many things. And the good news is that the i, the technologies and strategy that we can do to ensure that these impact become more manageable. What we need to do, particularly during the challenging time where actually, you know, additional investment or so, so hard to justify. We need to have a positive message thing that investing in nature in Climate Change out of taisha is, is a contribution to, to make our communities and our economy viable. Absolutely and investment that our survival kind of depends on hey, thank you very much for your time as well. Yes, i mean sky, appreciate it. Ah, research as estimate an investment of 800000000. 00 in climate. 3 programs can save poor nations up to 16000000000. 00 every year. And according to the Global Commission on adaptation, rich nations have pledged billions of dollars in climate assistance to developing countries. But many of failed to follow through on their promises. The issue is expected to top the agenda, the Climate Summit in november, and you and 60 general Anthony Terrace has urged, wealthy nations to deliver the much needed funds. Thats get serious about the finance that the developing countries needs. As a minimum stopped paying lip service to the 100000000. 00 us dollars a year. Pledge give clarity, so deadlines and timelines and get concrete on its delivery. And that seems sure that those, when its funding most can access suits, rich nations have also pledged 10000000000. 00 to the Green Climate fund, the Worlds Largest project of its kind. And its played a crucial role in delivering finance to developing countries. 3000000000. 00 allocated by the u. S, but the country has only contributed only a 3rd of that. So far. Learning us now from munich is dr. Miranda shaw is chair of environmental ant pilot policy at the Technical University of munich. Thank you very much for your time. So extreme weather conditions are, are not just in europe. Whats the cost then for developing nations . The costs for developing nations are of course, huge in part because developing nations dont have always the same capacity to deal with the droughts in the very heavy rainstorms. The floods the extreme temperatures that that were increasingly seen as a result of Climate Change. Costs range from last infrastructure to peoples health. And of course the tragic deaths that are also increasingly happening because of climate extremes. And what are some of a low Cost Solutions to try and fight Global Warming and, and to, you know, see less of these extreme weather events. Lets think actually were at a point where everything we do matters. It really makes a difference whether or not people avoid using their car and instead walk or take a bicycle or use public transportation. Im planting a tree can help reducing the amount of energy use at home, taking and things that are in stand by model. Plugging them, taking them out of the plug that can also make a difference. Taking a short a shower can make a difference. Im, were actually seeing in germany right now because of the war in the ukraine. A big push to save on energy. And its remarkable how much Energy Saving has been achieved just in a couple of months. If we were to do this at a global level, it could really make an impact on what about financing and helping poor nations to make the transition to Renewable Energy and rich nations have fallen well short of the 100000000000. 00 plates that was made. Do you expect to see any progress at the next Climate Summit . I hope so. Am and 2009. We were getting about 80000000000. 00 of that 100000000000. 00 per year, but its still far too little. Even the 100000000. 00 a year is not enough to deal with a huge impacts of Climate Change. I do expect that in egypt, partly because the next car will be in egypt to stronger focus on the developing countries and their needs. And thats very welcome. I think theres a lot of things that can be done. Also, linking Climate Mitigation and Climate Adaptation and Renewable Energy will be a big, big help in this area. But we do need the financing to help developing countries shift away from developing coal or oil or gas, and instead developing renewables, moving forward on energy efficiency. Replanting forests that have been deforested and we really need to be working together. Speaking of our finance europe is among the biggest contributors to climate finance for developing nations kind of follow through though, and made all of the economics of uncertainty that there is right now. Thats a, thats a big an important question. I expect that with the costs of cov id and then weve had the war and Energy Prices are increasing. Budgets will get tighter in europe. Theres no doubt about it. But at the same time, Renewable Energy is getting much, much cheaper than it used to be. Were also seeing that taking action now reduces costs later. So um, i do hope that europe will continue to be a big finance sir. And well also focus attention on, for example, you speak of financing. We need to shift the banks away from financing projects that are coal or gas intensive, and instead focus on those kinds of investments that will still bring us the energy we need and still bring us the comfort we want. But do it in a cleaner way. What about the role of the us . I mean its failed to mate, its Green Climates obligations. Climate measures are stalling in congress and President Biden has Just Announced a multi 1000000000. 00 banter plan rather to try and fight Climate Change. But it warnt declare it an emergency. So what do you make of of the role of the u. S. Right now in the u. S. Is definitely a divided country at the moment, and unfortunately we dont seem to have the willingness in the United States to Work Across Party Lines on what is im from my perspective of the worlds biggest problem right now. Climate change is impacting absolutely everything. My hope is that in the United States, people are starting to wake up. I think you are seen in that country more interest in or concern about Climate Change. But we also need to continue to work with or without the United States on unmaking transitions. What is hopeful is that were seeing this big push for offshore wind right now, also in the United States. And thats partly because this is becoming one of the cheapest technologies around. So one hope is that economics will help to make some of this transition a little bit easier. Um, but it is a big concern on the United States is still responsible for 14 percent of global c o 2 emissions. And without the United States, as a big player and a big fine answer, it will be worrisome, or i will have to leave it there for time. Thank you very much for your time daughter. Miranda shares. Thank you. Planes were grounded for months during the pandemic, but ad travel is staring the industries recovery with an increase in demand for new aircraft. Despite the encouraging signs, aviation groups are worried that cheap political tensions rising inflation and a shortage of commodities could drag down the market. American plane make a boeing forecast, slow a growth the deliveries in the long term. The company trimmed projected demand for airplanes over the next 20 years to more than 41000 new airplanes. That excludes estimates from the russian markets because of the war in ukraine. The airplane make forecast the market value of more than 7 trillion dollars. The new airplane deliveries with the global fleet, increasing by 80 percent through 2041 compared to 2019 asian markets account for roughly 40 percent of long term Global Demand for new airplanes. While europe and north america each account for just over 20 percent of the deliveries. Boeing also trimmed its forecast for annual passenger traffic growth to 3. 8 percent down from 4 percent. Well, ation recovery heated up at the worlds 2nd biggest air show at farm. But in the u. K, the industry has been under pressure to cuts. Greenhouse gas emissions and Aerospace Manufacturers decided to focus on the future of clean flying at the bi annual exhibition or challenge reports. The gulf between vision and reality rarely yawns as wide as at trade shows at farm for travelers green high tech hassle, free. In the real world, q stretch baggage piles up and pilot strike did the speed and see the engineer for sustainable future. But if we to glimpse how we might fly to morrow, it is, it farmer supersonic wants to bring back supersonic and travel to decades. After concord was grounded, we deeply believe in the future where more people can go more places more often. We believe that speed enables that future and therefore its not good enough just to make a little bit of progress on efficiency. We need to make a big leap forward and completely remove sustainability as a reason not to travel. And hybrid vehicles is making the air land as part and ship part plane part helicopter. Its low emissions wont need a runway and would carry passengers or freight the landscape developing Harrison Development towards implementation and do the ongoing efficiency improvement that we get from jet aircraft and to move to hydrogen, which is a lot of our story here. Our plan here to bring Hydrogen Powered aviation internet to make, we need all of it. We need all that. We need more. The u. K. Government has Just Launched jet 0, requiring Domestic Aviation and airports to reach net 0 Carbon Emissions by 2040 other governance and moving to cove. It was an earthquake for the Aviation Industry without trouble all shutting down the current stock shortages and disruption show that office is still reverberating and may continue into 2023. According to where the boss is adding the need to minimize how polluting ation is. And these are Turbulent Times for the industry for the challenge. How does era farmer asha . Joining us from london is rob morris global head of consultancy at a send by syria, a consultant. The service that delivers data on ation and ed just the man we need on the so thanks very much joining us, rob. So boeing has struck an, an upbeat tone on aircraft am on despite a faltering global economy. I want you to take on the rise in demand for aircraft. Yeah, i think come, we need to differentiate short term versus long term. So sir boeing released its commercial Market Outlook last week, which covers a forecast of an excess of 40000 new aircraft deliveries over the next 20 years. And thats the long term. But of course, at the present time, the industry is still recovering from the impact of cove it on demand. But in some regions, infection all regions where either close to 2019 in demand terms or, or so some way off. So, but that means there is an increase in demand ive, where we were 12 years ago. And in that context, we see airlines needing more new aircraft, either to replace aircraft. Theyve withdrawn from service because theyre less efficient or to facilitate the increase in services as growth returns. Again, as a say, thats the short term. In the long term, we have a focus it a send by serial, which is very similar to took bearings for castile air buses own Global Market forecast. And were all forecasting requirements for around 40000. 00 new commercial passenger jets and freighters to be delivered over the next 20 years. At one final point to make a farmer this week, weve seen some aircraft orders, but fewer aircraft orders than we would have seen at previous trade shows around 250 firm orders between our buses. Boeing. But thats because right now, air buses sitting on a backlog for new aircraft, of nearly 7000 aircraft units. And boeing nearly 5000 units are between them for not 40000 demand. Weve already got around 12000. 00 new aircraft committed and on thermal at today. And boeings estimate, which, which weve been talking about, excludes russian plane. How much do you think the war in ukraine is affecting the market . Russia was russia and ukraine were relatively small part of the market overall in passenger traffic terms. We measure patent traffic in terms of, of the distance people, trump, we call them revenue passenger kilometers. And that was around 4 percent of the Global Market. So. So in general terms, russia was around 4 percent and if you look at buddies, full cost, i think they talked about that being 1540. 00 across from their 40 old 1000. So even few of those when you at cross but, but an interesting point, this is a long term full cost in 20 years. That market for 1540 i will exist and somebody will be able to access you whether it be just russian manufacturers or whether in the long term things change and other people can supply again, we dont know because we think back 20 years different so. So russia about 4 percent in the market, were seeing a limited impact on traffic in demand in europe today. One, find a point. No. Russia was a market where, less all that stuff, thats people come companies who purchase aircraft and then lend them for, for a rent to airlines. Russia was a big market for price, you less source getting on for 10 percent of the overall market. So the loss of that market changes the way that industry can operate Going Forward because theyve lost a bigger chunk of their demand. Sure. What has the impact, vain of any or from supply Chain Disruptions deliveries and sort of access to spare parts. So, so at the present time, if you talk to any airlines or other customers, they will typically tell you that the manufacturers are 34 months or more light, but deliveries. Clearly, supply Chain Disruption both in the context of access to materials, access to people and the justice for delivery to the, to the ems. The manufacturers find assembly lines. It disrupted the industry as a whole is facing many challenges and were seeing, you know, k off the airport labor shortages la should not being able to be found or unloaded high ticket prices. Do you think any of this is going to affect the rebound and in travel and how can the industry, how soon can the industry make up for the pandemic losses . Yeah, i think there is a potential for a lot of this to impact the pace as a recovery. So if we look at our own projection models, we had in a Global Recovery to 2019 levels occurring by about august of next year. But as we look at 1st of all, the chaos itself being fermented by the lack of human capital, the fact that many people left the industry and hadnt returned, thats causing significant disruption. Then we look at the economic outlet with high inflation, driving increasing fuel price for airlines, driving potentially increased maintenance costs, the airlines driving the cost of that they actually pay to own the, or least their aircraft up driving this stuff to see kind of pay rises. Thats gonna create higher higher costs. The airlines which effectively will get passed through to us, the passengers in high ticket prices. And we know that when we see high ticket prices that potentially dampens demand. Then we also have slow Economic Growth potentially. If we look g d p forecast moving forward, we see many people projecting slow downs contract, or maybe even contractions of economies, recessions in the 4th quarter 1st quarter, next year. So the Economic Growth could also dump and demand. So that means the, the rebound, the recovery outlet becomes more uncertain. All right, well leave it there. Thank you very much for your time, rob marse, thank you. And that is our so for this, when you get in touch with us, my tweet me at kim vanelle and do use the hash tag a j see to see when you do or you can drop us an email counting the call sent out to us at dot net is our address more for you online at al serra dot com slash ctc. That will take you straight to our page, which has individual reports, links and, and tie up. So its for you to catch up on. And thats at this edition of counting the cost. Im kevin allen from the whole team here. And uh huh, thanks for joining us. The news on al jazeera is next frank assessments. It sounds like you dont expect anything to change the problem in lebanon. Its actually structural lebanon needs, and you also contract in order for it to solve this problem. Informed opinions, International Communities on the goal, is to create a government has no legitimacy in depth analysis of the days global headlines. This is going to be very hard to explain to the public that instead of pushing back, no, its actually got 2 members inside story on al jazeera ah airborne vehicles harvesting every pick. You take every click, you make pulling everything to all the waves. Most of the time to watch the watch, we believe that the deep sleep is to 1st civilian to stratosphere. Again we are created we are oh, great with ah