what is your chart -- david cole joins us now. david: the ecb plays a role, but much more important is really how fast e.u. leaders will come up with this recovery fund. we think at one point they will agree on this recovery fund. the logic is there. with that, the longer-term, gold can go higher. thending how quick compromise has been achieved. how quick shift from monetary policy, which had been the main support driver here, goes to fiscal policy. this is usually a good environment for currency. guy: can we sustain ourselves at those kinds of levels? if we get a deal done, if we reduce denomination risk, is that a rating of the euro that will be sticky? david: we think so. the ecb in some space will go further up. with more of a focus on fiscal -- the currency has to be viewed in a different way. so it is not more as risky when it comes to the cohesion risk in the euro zone. this helps on one hand side with negative rates that is the head for every currency. tonka david, i want to dive into the european economy. lost the script

of amil and i'm david cole complete the 2nd season of only good friends of the planet on the brink of disaster we did a long in-depth interview with experts about one question how do we change our lives.

david, your question, please. why is climate change so white? why does it appear that the voices of indigenous people and people of colour are always relegated to the margins? lily cole, is it all a bit too western centric? it's a really important question, thank you. actually, climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities and those are not seen as environmental activists but i have been at the forefront of environmental activism and there are still many today. there is a different question. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities around the world. now, why does climate change appear as a white campaign? is it slightly different question which i think takes us to the media and takes us to our own biases in society, which covid has been showing up. why do we celebrate white activists? why do we focus on white activists, over and

david, your question, please. why is climate change so white? why does it appear that the voices of indigenous people, and people of colour, are always relegated to the margins? lily cole, is it all a bit too western centric? i think it is an important question, thank you. climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities, and those are maybe not seen as environmental activists, but have been at the forefront of environmental activism and they still are today. there is a different question. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities around the world. now, why does climate change appear as a white, kind of, campaign? is it a slightly different question, which i think takes us to the media, and to our own biases in society which covid has been showing up. why do we celebrate white activists, focus on white activists, over and above the

0k, lily cole, is it all a bit too western—centric? i think it's a really important question, thank you. actually climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities and those are not seen as environmental activist, but they have been at the forefront of environmental activism and they're still remaining today. there's a different question there and you can add to that. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities around the world. now, why does climate change appear as a white kind of campaign? it's a slightly different question which i think takes us to the media and maybe to our own biases in society, which covid has been showing up. why do we celebrate white activists, why do we focus on white activists over and above the voices of many other activists that do exist and have existed? and i think that's an important question

david, your question. why does it appear that the voices of indigenous people and people of indigenous people and people of colour are always relegated to the margins on climate change? lily cole, is it all a bit too western centric? it is an important question, thank you. climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities and those are not seen as environmental activist but i have been at the forefront of environmental activism and they still are today. there is a different question. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities. now, why does climate change appear asa why does climate change appear as a white campaign? is it slightly different question which i think takes us to the media and to our own biases in society which covid has been showing up. why do we celebrate white activists, focus on

ok, lily cole, is it all a bit too western—centric? i think it's a really important question, thank you. actually climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities and those are not seen as environmental activists, but they have been at the forefront of environmental activism and they're still remaining today. there's a different question there and you can add to that. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities around the world. now, why does climate change appear as a white kind of campaign? it's a slightly different question which i think takes us to the media and maybe to our own biases in society, which covid has been showing up. why do we celebrate white activists, why do we focus on white activists over and above the voices of many other activists that do exist and have existed? and i think that's an important question

0k, lily cole, is it all a bit too western—centric? i think it's a really important question, thank you. actually climate change is not white. there have been people for hundreds of years trying to protect their water, their land, indigenous communities and those are not seen as environmental activists, but they have been at the forefront of environmental activism and they're still remaining today. there's a different question there and you can add to that. you could say that the communities first being heavily impacted by climate change are often developing world countries, people of colour, etc, marginalised communities around the world. now, why does climate change appear as a white kind of campaign? it's a slightly different question which i think takes us to the media and maybe to our own biases in society, which covid has been showing up. why do we celebrate white activists, why do we focus on white activists over and above the voices of many other activists that do exist and have existed? and i think that's an important question