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Economist Podcasts

Promises, promises: the G7’s fuzzy climate pledges

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 14 June 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

Where they are clear, the summit’s commitments do not add much to existing targets; mostly, though, they are woefully short on detail. We pick through the pledges. Germany is facing up to a colonial-era atrocity in modern-day Namibia, but a hard-won reparations deal will not quell controversy. And how Persian-music artists are upending the audio-streaming model. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the intelligence on Economist Radio.

0:07.3

I'm your host, Jason Palmer.

0:09.4

Every weekday, we provide a fresh perspective on the events shaping your world.

0:17.5

More than a century ago, an occupying German force in what is now Namibia carried out a genocide.

0:24.6

The country is only now owning up to the atrocities and trying to make amends,

0:29.6

but a freshly struck reparations deal won't end the controversy.

0:33.6

And there's plenty of vibrant Persian music to be had online.

0:39.7

You just won't find it on streaming services such as Spotify.

0:43.4

We look at how artists are getting their tunes heard

0:45.8

in a way that turns the usual streaming model on its head.

0:57.0

But first... The weekend summit of the G7 has concluded, and on the matter of the pandemic, the Block's pledge was clear-cut.

1:09.0

It'll deliver a billion vaccine doses to poorer countries over the next year.

1:13.6

But another priority was climate change. Naturalist Sir David Attenborough had pressed for cooperation on climate in a video message to the gathering.

1:21.6

The decisions we make this decade, in particular the decisions made by the most economically advanced advanced nations are the most important in human history.

1:32.3

Britain's Prime Minister Boris Johnson suggested the leaders at the summit would meet the moment.

1:37.3

We were clear this weekend that action has to start with us.

1:41.3

In the end, the commitments on climate seemed straightforward, solid emissions targets,

1:46.6

a move away from coal, a renewal of an annual $100 billion budget to the developing world

1:52.2

to deal with climate change.

1:54.4

But campaigners found the outcome disappointing.

1:57.8

Oxfam called the summit a colossal failure.

2:00.4

Never before in the history of the G7

...

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