WEBVTT 1 00:00:00.000 --> 00:00:07.774 (upbeat music) 2 00:00:07.774 --> 00:00:11.444 - Let me zoom in on climate and sustainability, 3 00:00:11.444 --> 00:00:13.747 a huge challenge of course, 4 00:00:13.747 --> 00:00:18.184 for the world and the society at large. 5 00:00:18.184 --> 00:00:22.922 How do you see the possibilities to address climate 6 00:00:22.922 --> 00:00:27.260 and sustainability in a successful way, going forward? 7 00:00:27.961 --> 00:00:31.398 - Niki, we have to act on a multitude 8 00:00:31.398 --> 00:00:34.701 of dimensions simultaneously. 9 00:00:34.701 --> 00:00:38.371 One of course is to decarbonize 10 00:00:38.371 --> 00:00:41.074 all our industrial processes, 11 00:00:41.074 --> 00:00:44.110 but we have to move much faster. 12 00:00:44.110 --> 00:00:50.483 2050, I think as also some calls have shown, 13 00:00:50.483 --> 00:00:53.086 is not ambitious enough. 14 00:00:53.086 --> 00:00:57.824 And I think the European plan to be Fit for 55, 15 00:00:57.824 --> 00:01:02.662 which means you reduce by 55% carbon emissions 16 00:01:02.662 --> 00:01:06.199 by 2030, is the right approach. 17 00:01:06.199 --> 00:01:12.872 But we need also what I call nature-based solutions, 18 00:01:12.872 --> 00:01:16.476 which means, for example, 19 00:01:16.476 --> 00:01:22.382 our project to plant 1 trillion trees 20 00:01:22.382 --> 00:01:29.456 in order to absorb CO2 emissions. We should not forget 21 00:01:29.456 --> 00:01:33.593 that the world used to have 6 trillion trees, 22 00:01:33.593 --> 00:01:36.329 and now we are down to 3 trillion trees. 23 00:01:36.329 --> 00:01:40.700 So half of the capacity of absorption was lost. 24 00:01:40.700 --> 00:01:44.370 And certainly we also have to look at carbon 25 00:01:44.370 --> 00:01:47.841 sequestration and alternative fuels. 26 00:01:47.841 --> 00:01:50.543 Another dimension is adaptation. 27 00:01:50.543 --> 00:01:57.083 We should not look only at reducing carbon emissions, 28 00:01:57.083 --> 00:02:02.489 we should also look at how we deal with the climate change. 29 00:02:02.489 --> 00:02:07.393 But key to all of it is a change of mindset. 30 00:02:07.393 --> 00:02:12.332 And this is not only related to production, to consumption; 31 00:02:12.332 --> 00:02:14.334 it's our lifestyles. 32 00:02:14.334 --> 00:02:17.370 I think as long as we do not 33 00:02:17.370 --> 00:02:24.210 have a completely different mindset of a new green economy- 34 00:02:24.210 --> 00:02:32.051 even if everybody continues to take the necessary actions- 35 00:02:32.051 --> 00:02:35.021 I think we may be too late. 36 00:02:35.021 --> 00:02:38.625 I'm thinking of my grandparents-not grandparents. 37 00:02:38.625 --> 00:02:40.927 I'm thinking of my grandchildren; 38 00:02:40.927 --> 00:02:43.763 my grandparents left me a good world. 39 00:02:43.763 --> 00:02:44.764 - Yes, indeed. 40 00:02:44.764 --> 00:02:47.233 - I want to leave a good world to my grandchildren.