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Business Daily

Thinking global, acting local

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 4 January 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Lessons in rethinking the climate emergency from Sierra Leone and the US. We hear from mayor of Freetown Yvonne Aki-Sawyerr on her plans to plant a million trees, and make climate change relevant to the citizens of the rapidly urbanising capital city. Harvard’s Rebecca Henderson argues that capitalism can provide at least part of the solution, and companies need to price in climate damage, making them financially accountable.

(Image credit: Getty Images)

Transcript

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0:00.0

It's the start of a new year.

0:03.2

I'm Vivienne Nunes, and on Business Daily today,

0:05.6

I'll be hearing from two influential women about their practical solutions to climate change.

0:11.1

One thinks capitalism can be part of the answer.

0:14.4

You could reimagine capitalism so if this stops happening.

0:17.4

But right at the moment, we have trouble.

0:19.4

Why do we have trouble?

0:23.4

Because we have no price on major externalities like greenhouse gases. The other is tackling the big picture

0:30.8

with local action in West Africa. There still are pockets of floods. And people, that's the language

0:37.3

people understand. The landslide that's the language people understand.

0:38.7

The landslide of 2017 brought it into sharp focus.

0:42.4

Climate change became so much more real for people then.

0:45.3

That's all in Business Daily from the BBC.

0:51.3

Pandemic or otherwise, the climate crisis hasn't gone away.

0:55.6

But how do you call attention to an issue that can feel overwhelming?

0:59.6

And at the same time, one that has struggled to compete with the urgency of the coronavirus crisis.

1:05.5

The team behind the world famous TED Talks held an event recently,

1:09.7

aiming to refocus our gaze on the climate issue.

1:13.0

They did that by engaging some big celebrities, from Hollywood movie stars to the Pope,

1:18.4

as well as some social media influences with millions of followers.

1:22.4

The idea was to stress that climate change unites us all, and we can all do something about it.

1:28.3

Hello, I'm Mark Ruffalo.

...

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