You smell that?   Well on a recent trip to Beijing, we found out the good, the bad, and the smelly. What's going on everybody? Welcome to another international episode of FumRos Food. We are in Beijing, the capital of China right now, but what we want to do in this episode is actually check out all the different items that the Chinese versions of these chains have that is different than America. As you guys know over the past 30 years, American chains have rushed into China, biggest market in the world, biggest country in the world. People really want to establish a foothold. What do these chains serve in China that they don't serve in America? Unique fast food in China. Let's go. Okay, we have made it to burger king in China, aka humba wang. Burger king is not that big in China, but they have some aggressive plans to expand moving forward. But you know, they're not going to be able to expand unless they deliver the goods. Right. Let's see what's different here. First off, they have the Texas Angus Burger. They do not have this in America from what I know. Definitely not. Okay, so this is legit pastrami. Let me taste this first. Marque pastrami Texas Angus. Pretty American. After that one bite from Burger King, I can only tell that Burger King is going super hard with the burgers in the American culture. Like looking at their menu, there's not that many Asian things, but there's going to be items that they don't have. They've upgraded steak fries. Steak fries. Not bad, but just no flavor. It's no more than a mention that Burger King is even more expensive than the dollars. Here, David, we have the mushroom bacon burger. I think the picture looks really different from the plain mushroom bacon. That's just a grilled mushroom. That's a cream of mushroom. It's starting to taste a little bit different than I think they would do in America. That cream of mushroom flavor, definitely not something that we would put on a burger in America. Burger was a little bit too like savory. Like there was nothing else but savoriness, cheesiness, creaminess, but actually overall, I kind of enjoyed it. But what I got with that were these mala wings. This is a Chinese flavor right here because this should be spicy and numbing. Mala chicken wings. This is interesting. I can smell. I can smell the mala. Whoa. I like it. A hot pot right now. I mess with it. That was really like a hybrid, but if you made me say it tastes more Chinese, these onion rings. Oh man, these look like they're not very good. Oh, I think the Burger King Boba. Clearly Asians and Chinese people specifically love Boba because you can get Boba everywhere. Oh, this blue drink is really good. It's like a blue raspberry. Bobas are pretty firm. They're kind of like gummies. Not super chewy and stretchy. Milk tea, I would say is six out of 10. Not impressed with the Boba. Let's get in this chicken box, bro. There's mala. I like this wing though. They need to add this that buffalo wild wings. You know me. I'm a big fan of the chicken drumstick. Go for it, man. That's all you. Is it better or worse than the mala wing? It's worse. Okay. But it has the same Shang La type of prickly ash oil flavor on it. Chicken nugget. This has white pepper in it. It tastes different. I don't like it better. I wasn't with it. I could get why they localized for the China market, but for me personally, I'm can't get down with the white pepper in the chicken nuggets. Chicken fries. It might be different too. It's definitely a kind of chopped up chicken, but it has like a different tint to it. It's got some more flavor. It's a little bit spicier. I wasn't impressed with the chicken box overall, other than the mala wing. This is a double prickly ash oil spicy chicken sandwich. Wow. That sauce is really good. They're leaning heavy on the prickly ash oil flavor. There's no prickly ash oil. It's different from mala. It's missing the pepper. It's just extra. Yeah. For me, I am a fan of a little bit of that numbing prickly ash flavor. I personally kind of like that sandwich. Last but not least, guys, we've got the spicy chicken whopper. They love this in China. I have no idea how it's going to taste. Is it the New Orleans chicken? No, it's better. It's better. It's better. I wouldn't say it's amazing. Amazingly decent. It's a decent sandwich. I'm very thankful that you go with the New Orleans style. It visually looks like it. It's got a boba dessert. There's boba in here. That's like a mocha. Coffee, ice cream with syrupy boba on top. Gotta try the pie. Try the pie to have a pie. Pretty artificial. I wasn't the biggest fan, to be honest, of all the recipes, but I thought the quality of the ingredients in the recipes was strong. You know what I was impressed by? Because in Asia, a lot of the portions are smaller, but these sandwiches are huge. They're American-sized. They are big. Yeah, they're just like you would get them in America. But beyond, some of the prices are almost pretty much like American prices. I know Burger King's trying to make a move on China. Like you said, it seems tough when they rely on mostly beef sandwiches and beef is not the thing that people eat out here. I wouldn't bet that Burger King becomes super dominant in China. No, I don't think so. I agree with you. I'm not against it. I'm just saying, just based off what I saw, I don't see it. Yo, just get the mala wings, okay? If you come to Burger King for sure, get those things. I would order a whole serving right now. All right, you guys, on to the next spot. We have our first unique items here at the Starbridge Reserve in Beijing. This is a stewed beef wrap. This one is a Portuguese chicken curry wrap. Right off the bat, I like the taste. Kind of a lot of lettuce though. The lettuce is a little bitter. The beef bites I did have, I really enjoyed them. Let me grab this beef bite. That is way better than the Portuguese chicken curry. I'm not that into the Portuguese chicken curry. I know you really like Portuguese chicken curry. That is not good. The beef wrap though was good. We have a chicken ciabatta with zucchini, truffle chicken. Actually, it tastes like kind of like a pesto chicken pasta. That's very unoffensive. You cannot hate that sandwich. This is ice cream in cold brew with grapefruit syrup on top. Yeah, but go ahead and try it. Whoa, that has a very weird flavor. That's not bad though. You guys know about grapefruit. It's not like orange zest. Yeah. It's like bitter. Matcha muffin with red bean, baby. Would you say this is probably the most unique item where you're like you would never find this? I think it's cool because the matcha is saucy. It's like melty. That's really good. Wait a minute. I think it goes in coffee. We have an interesting dish here. You have okra, two different types of soba noodles, and then you have some sort of like chicken salad with mandarin oranges. David, why would they probably not serve this in America? I could see soba noodles being in there, but they wouldn't look like this. They would not have the okra. It's healthy. I'm not gonna lie, these noodles have very little flavor. In my hand, I have a sparkling fruit cold brew. Kind of weird. I think fruit and cold brew, I'm not used to it. I actually like this. It's not bad. I think that was way better than the avocado. Starbucks quiche. Very cold.  I'm not with it or against it. It kind of tastes like a Chinese stuffing you would get during a very Chinese American Thanksgiving. This little mini pie. Look at that. It doesn't warm you up, man. It's not bad. It's almost like a pulled pork. The cold chicken pot pie. Now, kind of wrapping this up. What were the items that most surprised you about the Starbucks in Beijing? The grapefruit mixed with coffee. It's a strong grapefruit flavor, essence mixed with a strong coffee flavor. Chinese Starbucks, they love fruit and coffee. In America, they're not really all about it. The local flavor profile of these chains in China is actually moving closer and closer to a globalized skin. Chinese market is also demanding more of the actual western menu items. You know, obviously as they travel out more and they see that's what they're eating. There's a lot of people with laptops here that are working on projects in English. Right, they're actually the manager who had colored contacts. Her English was actually really good. I'm excited to see the other items that other chains are offering that are localized to the, you know, Chinese population. Okay, so our next spot is Yoshinoya. Yes, like a fast food Japanese spot started in Japan. It's all across the world now. They got a huge menu in Japan and they've got a gigantic menu in Hong Kong and across Asia, but the American menu only has really like four or five things on it. Let's see what Yoshinoya is offering out in Beijing. Yoshinoya also opened up a salad chain. It's called Ye Life. Only in China does KFC have a chain called K Pro. A Pro is like a brand new, pretty much like salad slash healthy sandwich chain. Only serves grilled chicken, no fried chicken. Probably the easiest way to see that the way they've incorporated Yoshinoya is the chicken in the grilled chicken salad. Look at all the different sauces they have at Yoshinoya. This is definitely something they would not have at the States. They have ginger, they have green scallions. They have some spicy bean paste. I think this is garlic. This is sesame sauce. This is kind of almost like hot pot. The chopstick cleansers right here. This is really different than Yoshinoya, especially in the States. Let's try this beef. Yeah, some beef and pepper. Beef and pepper on rice, which is actually a pretty classic like Beijing northern dish. I'm actually really enjoying it. You know, it's not as spicy as I thought. I was hoping that the peppers was going to give it a little bit more heat. I actually give that 4.5 out of 5. I give it a 4 out of 5. I thought it could have had more spice. Panda, the Majan Chicken Landry. Very classic Beijing dish. Definitely better than the convenience store. Simlet flavor actually has a little bit of molasses in it.  It did not look like the picture. You know what's really interesting, Andru, all these three things you can find prepackaged out of 7-Eleven. Oh, this stewed chicken leg is really good. Onto the most daunting section of the skewer is the blood sausage skewer. Bra. Mushrooms and fish cake.  Not bad, but we're going to try that Beijing sauce next. Got a couple of different types of fish balls here. Conjac. I would say the most impressive part was the sauce bar. I mean dipping in both sauce. Yo, did you try the fish sauce with this one that I made? Oh my goodness. This one's an interesting one. I think that's blood cube layer. Egg is very hard to pick up with your chopsticks. Root of Baker, I think. Sometimes you'll have it in the beef brisket dish where it's chopped up into squares. I would say the most impressive thing was maybe this top hot. Wow. I might have to say this cranberry side. Was the most impressive? This is really good. This is really trendy. The two-faced drink. This yo shinoya maintains that feeling where it's solid. We're not going to feel bad eating this, but it's not the most delicious menu. It was really interesting to see Andrew that yo shinoya localized to the you know to the Beijing flavors by pretty much providing the same things that 7-Eleven might provide, but at an elevated level. Yeah. Yo shinoya out here is just like a gourmet 7-Eleven. Up to the next pot. I'm about to turn the hot pot station here at yo shinoya. Sweet yo shinoya. This is a different day. People would be shocked in America to know this with yo shinoyas are like overseas. It's like a pretty different restaurant. It's like a yo shinoya America. They just take the two cheapest dishes that you can get here and that's the whole restaurant. While here it's like next level.  Yeah hot pot. That smells like we're at a such one restaurant. Oh of course double boba. These are black squidding jowd's. I'm actually not a big fan of fish dumplings. Oh. Yo I gotta say this was about 11-12 bucks. This is a ton of food. Here's the beef. Wow. Wow. Really strong. Like just good. Fish getting there. Yo let's toss in the noodles and throw in these green ones. Bam. Yo I gotta say and so far this has been delicious. Hot pot's good man. This is really the way to go man. Taddies flavors but with a Japanese format. I'm actually really glad we got this Andrew because I would feel weird about coming to Beijing and then just getting like you know like the regular shopping right. Damn I think this fish is ready. Oh man. Hand of the raw egg just going in. You know I'm just assuming and this is safe because it's yo shinoya. Well I guess David will see in a few hours. I have been kind of surprised to see in you know quite frequently out in Beijing is durian flavored things and okra. Durian thing really comes from this movie lost in Thailand man. You know what I love about this spot Andrew and specifically the fact that they have these like very Chinese lao beijing flavors in the shabu-shabu format. Right right. Is that it really allows people to like live their life the way they want but still get the flavors that their parents or their grandparents like. Because you can't force everybody into the hutos. It's not an international life to live in a hutom. Shout out to the people who love it. But that's just not the way human progression works. Yeah. By bringing the Japanese chain here and doing traditional Chinese flavors in a shabu-platform it kind of allows you to get both. I think it's the future not of everything. This is not like the main way that people are going to eat hot pot but I think it's a it's a great way.  Were you surprised at how much the subways feel. Even the architecture feels almost exactly like a subway back in the west. Yeah you know you went to some of the other chains and they were an upgrade. The interior looked completely different. We're trying to change their branding. Dude that picture probably came from like Wisconsin. Yo like literally we're back in Alhambra. It's crazy. Okay already I can tell you the roll is falling apart. The bread I noticed the bread is not as fluffy. No it's not as chewy. I am trying a black pepper steak sandwich. China exclusive. The ball of beef. Soy sauce mustard in here.  It's actually pretty good. I really enjoyed this. Do you think it would be successful in the Chinese market. I think this would work. I'm trying an Italian sausage subway sandwich. China exclusive. Okay immediately the bread tastes different. How good is it. I probably like yours better. You know what switch up man. I really like the black pepper steak. Yeah I don't know if the Italians would be impressed by this Italian sausage. Those chunks of steak are really big in there. So I appreciate that. That's like that's pretty good. Really tender. Subway was fascinating because they directly poured it over their whole brand. I think that this product would be really tough to sell to anybody outside of that global citizen class. Yeah it might even be more popular in five to ten years. All right you guys that wraps up Subway on to the next spot. Aren't you guys our next spot that has unique items only here in China is Ajisen ramen. Ajisen ramen is in the US market originally from Japan just like Yoshinoya but they have Ajisen China. Now the image of Ajisen ramen in America that's like a lot of people's first time eating ramen. No first time eating non instant ramen. Yeah it's considered decent but it's not the most authentic. Would you say it's the KFC of ramen. It's the thing that brought it global. Here they have some Beijing exclusive dishes. Let's check them out. All right Andrew first up we have these soft boiled eggs. I do not think you can order this individually at Ajisen America. Soft boiled egg. A little bit of soy. It tastes like peed on. Yeah. Okay so they got enoki wrapped beef. Andrew I believe in Japan it would have been grilled on a skewer. Yeah. You like pan fried now. I like it. Ajisen USA does not have a single chicken wing on a skewer. Look at that immense amount of pepper bro. Wow it's actually really good. I don't know if I ever had a chicken wing that tastes like that. That's like lemon pepper but sweet. Obviously some influence from the Xiao Cao culture. So far that's probably the best thing I have. You guys we are looking at two Beijing only ramen. Let's try the tomato first. You know they love tomato flavor things. Tomato and egg. David that's like one of your favorite dishes to get at Chinese restaurants in the States. Tomato ramen. Do you have a couple reasons why they might not serve this in the States? Is this another broth to worry about? Ajisen's crowd is not a typical like purely Japanese ramen crowd. You know what I mean? It appeals to all different types of people. They're novices. Yeah they're novices. This is like a beginner's ramen spot and I think for a beginner this might taste kind of like ketchup. Actually I really really enjoyed that. I give that 3.5 out of 5. We have a Su Tai meaning a vegetarian one. It's not bad. Would they bring this to the States? Chinese spot could like ramenize ancient worker soups. That could work. Check out this grilled fish. This is a cheap fish. It's a cheap fish but with slits cut into it. Flavor's not bad. That's a river fish. The most fresh skewer. Meat is a little bit like it's sitting there for probably at least 10 minutes. Last but not least. The Yen is the aka the coconut. Wow. It tastes natural. I don't know if Ajisen actually makes this coconut themselves but this is fire. Fire. What was better this or the chicken wing? Chicken wing was actually better. I'm gonna go with this. This is the best coconut ice cream I've ever had in my life. Alright Andrew this video is about American chains in China so we're not necessarily going to cover this but I've eaten here. We have to mention this spot. This spot is probably top 5 biggest fast food chains in China. This is called Kung Fu aka Zhen Gong Fu. Gotta have this Bruce Lee character. Shout out to Kung Fu because this is the most Chinese fast food chain. Even Dikos the food there is not as Chinese. No this is literally just Chinese food. So they actually have some pretty cool steamed dishes here. I really like their steamed mushroom chicken. I like their eggplant dish. About a $4.50 US. One of these days we get a chance while we will review Kung Fu and Dikos. Someone told me Pizza Hut just came to represent an awesome place for Chinese consumers to get Western food. It's not necessarily just focused on pizza because their name doesn't mean pizza. It's almost like a Pizza Hut combined with the Denny's with the iHop and the share. Well it makes sense because obviously we're in an eastern country without a lot of Western food. The few Western food chains that do exist have an opportunity to take care of a wider range. Let's go. Pizza Hut in China it's considered an upscale restaurant. You can see how busy it is. There's a lot of families here. You know people with pretty solid jobs are eating here. You can see that their breakfast menu is really different. They have kanji, dumplings, radish cake, tea. When you're transferring a brand to a market that has very few Western brands they saw a huge opportunity.  Dirty milk tea forever. And if you know 24 Kwai that's like a $3.50 that's expensive for a boba. I gotta say that's one of the class of your bobas man. Boa. Are you saying? I never had a boba to taste like that. Oh that's delicious. There's quite a big difference between the pictures and the reality. Yo man. The picture looked like a legit regular like American steak. What it looked like at the steak cost like $30. So I guess I was surprised that it was only 88 Kwai which is about what 11 bucks and this definitely looks like $18. Let us not judge. It's fine. You know what? Because maybe the flavor is out of this world. Pizza Hut prime rib. It's not bad. I got a funny name for it David. That's not prime rib. That's slime rib bro. Wouldn't you say it tastes like a $4 steak in America? I give the steak. I was gonna say 2.5 but I enjoyed it so much a 3 out of 5. I give it a 2. I've got a clam chowder cooked English style. You know with the taste of garden kept it. Clams in it though. Like not diced. No I can see it. It ain't bad. That's not bad. This about a 3. Yeah. Beef Wellington crust was executed pretty well. I thought this tasted a little bit more like something you would get at the States. This is the viral almond rice when you slice it and then it folds over. Were you impressed by the presentation of the almond rice the way you cut it? Dude at Pizza Hut they're coming over here cutting your almond rice for you. Shout out to that. About the almond rice I give that like a 3.5 out of 5. It's pretty solid. I enjoyed it. Does this food taste almost exactly like garden cafe in Alhambra, California? Yeah the whole tradition of Hong Kong cafes is to interpret western food in kind of like a affordable Chinese way. As crazy as it is that Pizza Hut has essentially become a Hong Kong cafe with pizza. David the big dogs have arrived. I believe we are looking at the three most unique pizzas on the menu. You have roast peaking duck. You have seafood combo with the stuffed stuffed durian calzone. This is really good. This works because actually if you think about it cheese is kind of a funky cheesy creamy thing anyway. True cheese. That's what real cheese is like. So you're kind of mixing these two almost similar flavors during being fermented type. I give it a 4 out of 5. I give this 4.5 out of 5. You know a lot of people probably feel like their taste buds would not align with the Chinese person's taste buds in China. There's some truth to it but I think universally anybody would think this was good. I actually think that if you just didn't tell people what it was and there were open minded to try it. I don't think that many people would hate it because there's a durian funk but it's not that bad and then it's just sweet and cheesy and creamy on the inside. It actually tastes almost like a dessert. Here you have shrimp. You have squid. You have crab meat. You have pineapple. You have cheese. Imitation crab meat. Imitation crab meat yes. Seafood stuffed crust. You know it doesn't really taste seafood. I was a little bit scared at first because I saw the squid and oftentimes squid gets a little too chewy. This looks actually super good. It doesn't taste that different from the Hawaiian. I actually forgive that. A 5 out of 5. We often talk about how the food in the 6u6 is really good. Sometimes very comparable even better than China for certain dishes. Peking duck is one of the dishes I will tell you. It's very labor intensive. It's very technique intensive. It is much better in Beijing than it is in America. Real quick let's break down the elements here. So you have Peking duck. You have the Tianmian Zhang. The sweet sauce and then you have cucumbers and some spring onions. Peking duck pizza. They straight up replace the sauce. Everything else about it I like but I'm not getting a strong Peking actual duck flavor. This Tianmian Zhang I think it's modified which makes sense. I think it tastes a little. It's a two notches more towards a barbecue sauce. This is essentially your barbecue chicken pizza Chinese version. The durian pizza was the most surprising. Peking duck pizza was the most universally enjoyable to westerners and my favorite was the seafood. I'll add on to that and say to no surprise at Pizza Hut the pizza was the best. If people were to pay attention to what's happening in China I think Pizza Hut China would actually help the brand of Pizza Hut America at this point because it's so much better and it's so much nicer. It would almost be like Pizza Hut platinum in America.  It's just a segment of the Chinese population and I saw a bunch of interesting stories that I was editorializing in my mind. And I think you can tell by the popular chains that we went to like a McDonald's, a KFC and Pizza Hut they don't want exactly what they're eating in America. This Burger King is exactly what they serve and it's not good out here. They want western things and the good parts about being the west but they don't want to be western. Hey man even if you think you're at Pizza Hut you can see that you're somewhere else due to the details. David do you realize we've been drinking semi-warm lemon water this whole time? This is something that they would never serve in the United States. Over our China fast food crawl we noticed a few things. Number one the younger generation was definitely eating a lot more fast food than the previous one. Number two the price points were definitely relatively higher than America due to them being foreign import brands in China. And number three we noticed that even though there definitely was still some heavy localization I think that the menus at the restaurants were getting closer and closer to their American counterparts. What do you guys think? I think that people have been selling these potatoes maybe in China for at least as long as America has been a country. David this is the original Chinese fast food. Oh gee I'm talking about ancient Chinese fast food.


All right, good afternoon. I am Michael Thiemann. I am the project lead from OS climate, and I'm also going to introduce our panelists today. I'm going to start with a little introduction. In the world of high tech, the question of the day is often, what is the next big thing? And then open source came along, and the question became, what's the next big thing in open source? I don't need to tell you that climate change is a big thing, and it's a big thing for people, for corporations, and for people who invest in corporations. It's the kind of problem made for a globally scalable innovation solution, such as open source. And this is what our panelists are going to talk about today. On our panel, we have Truman Siemens, the CEO of the OS climate project. We have Lisa Eichler, who is the co-head of Climate and ESG for Ortec Finance. We have Adrian Cockroft, the VP of cloud and architecture strategy for Amazon. And myself, Michael Thiemann, I am a project lead for OS climate, and I also work as a VP of open source affairs at Red Hat. And so let's start off with Truman telling us some of the key trends in how the world addresses climate and how that's driving fintech solutions. Great, thank you, Michael. And we appreciate the chance to be at this conference, and thank you for participating in the panel. So I'm looking at my window at the remains of Hurricane Eta. Michael and I are both in a state that is experiencing record rainfalls. Depending on where you all reside, very likely you've been impacted by one of the major events, fires, floods, hurricanes that is really shaping and reshaping the planet. You may also live in a place where the economic transition to a low carbon economy is having an impact, whether that's by changing prices and demand for fuels, etc. So a couple of the things that are really happening that bring this down to what's happening in open source and around fintech are that essentially what these transitions are happening, but climate risk, whether it's transition risk, transition to a new economy or physical risk, are not priced into markets. That's one of the reasons why climate change is at the top of the agenda for the incoming Biden administration. OS climate took part in the development of the first ever comprehensive guidance for all U.S. financial regulators released in September, calling for a mandatory price on carbon, and that's part of the Biden platform. Likewise in Europe, the main financial regulator is going to be promulgating new regulations coming out in March that call for the same thing. So what that means is that, and there's also requirements coming down from all the central banks requiring stress testing, requiring that financial institutions across the globe in 50 countries, and it was really ultimately spread to all countries, that financial institutions understand and report on the climate related systemic risk in their portfolios. So what does that mean? It means that essentially almost every large corporation and large financial services player that is participating in this conference has got to act. That's the demand side, and we'll talk more about the supply side, the solution later on in the talk. All right, thank you. Thank you for setting the stage. Let's understand what is the OS climate platform and what's the vision? So today, where we stand and sit, there is a gap of literally 1.2, at least 1.2 trillion dollars a year in an unmet finance and investment that would be required to meet the goals of the Paris Climate Accords and therefore to avoid really catastrophic disruption of the economy, society, and the environment. There are large investors, institutional investors with 40 trillion under assets who have said, we're going to respond, but they haven't yet because except really around the margins because they lack the necessary data and tools and analytic tools to integrate climate related risk and opportunity into a whole range of investment decisions. The same is true in corporations. And so OS climate has a vision of developing the data commons and the required data, quality, trusted, comparable data about corporations, about markets, about the physical world, combined with a platform of open analytic tools that is able to run a whole range of scenario based analysis, drawing from science, but applying these to concrete decisions in the capital markets. So Lisa Eichler, based on your experience with institutional investors and financial institutions, what do they need in an open source platform like this? Yes, thank you, Michael. So maybe just to give the audience a bit of a view of what our experience there has been. So Ortec Finance, we're really kind of a FinTech specialized in modeling and building technology for the financial sector. So for these institutional investors, including insurance, big insurance companies, pension funds, sovereign wealth funds and so on. And traditionally, they have been using these financial decision making tools without the climate angle in it. But about three, four years ago, there was really this up kick and trend in investors wanting to find out how can they integrate climate risk and broader also climate alignment thinking into these tools. And yeah, that's what we have focused on. And we really see that investors really struggle with this same common question on figuring out the available standards, but also the available data and tooling around the topic of climate change. And we also see that at the same time, our collaborators in this field in terms of service providers, data provider scientists, but also competitors the same. We're all racing as fast as possible to work on filling these current gaps. But what we feel very strongly about as Ortec Finance is that to get these basics in place, it could very much be accelerated if everyone worked together towards that one common goal. So joining forces in terms of the hours invested, the innovation budgets spent, because in the end, we're trying to, like you already said in the introduction, we're trying to tackle one common challenge that the world is facing. And we only have about 10 years left to act to give the future world a chance and succeed in the transition to a low carbon economy. So for that to build this common base layer and really have a unified platform that can provide open data, open tools, so that all the analytics around climate change can become more comparable, consistent and transparent. I think that's really a common trend that we see from the investor's perspective. Truman, did I see you wanted to add something to that? I could, but perhaps this is a good point for Lisa to talk about the net zero. Actually, I'll tell you what, I'll do this and Lisa, I'll kind of tee you up here. So the initial members of OS climate under the Linux Foundation are Allianz, which combined with its investment management subsidiaries manages several trillion dollars in assets, not just the insurance company, but also a major, major asset manager, Amazon, Microsoft and S&P Global, one of the leading market data and analytics providers. One of the reasons why Allianz is involved and they are a longtime client by the way of Ortec Finance is because of a thing called the net zero asset owner alliance. So I referred to some of these major commitments that are drawing a demand for better data and analytics. And Lisa, why don't you say just a word about the net zero asset owner alliance? Yeah, I think the net zero asset owner alliance just like actually various other initiatives that are kind of investor driven initiatives. They're really looking for, yeah, like what I said, kind of a unified approach. And they would like to accelerate the building of more openly available data sets as well as tools for analytics and together. So not choosing across different types of commercial data sets necessarily, but really finding a solution that is comparable and very transparent. And they are really involved in driving, yeah, this also the OS climate initiative and supporting where they can. I'm just going to mention, so these are not small institutions, Aviva, AXA, CalPERS, the largest asset owners in the US. Just a depot in France, CDBQ, let's see, Generale, Munich, Switzerland, Nordea, so Zurich, so some of the very largest financial institutions on the planet. And not only have they committed to net zero emissions in their investment portfolios by 2050, but they've each also made commitments by 2025 for very substantial reductions, but they don't know how to get there. They're taking a major risk and there's a need for speed. So that's one of the reasons why they're turning to open source to meet those needs. Yeah, that's absolutely a great point. Figuring out how to navigate the financial movements to get there is really a super big challenge and one of the things that the OS climate platform is being positioned to answer. And I've actually been leading the Alpha prototype efforts among some of the initial OS climate members. But first, Lisa and Adrian, could you say a few words about the work that has been done and is underway so far? Lisa, why don't you talk a little bit about the SBTI tool? Yeah, so as an OSC, we were tasked to build actually the science-based targets initiative. It's a large initiative. Once again, many investors, many stakeholders involved and they have developed a very credible methodology for measuring actually temperature scoring and portfolio alignment to a transition to any kind of carbon reduction targets, right? And they were looking for somebody to build an open source tool that can be the calculation engine, so to say, to put this methodology into practice so that investors as well as companies can start measuring their temperature score and portfolio coverage. And so over the last few months, we have been hard at work building this open source Python code, which is really aimed to be able to integrate it in any commercial or homegrown decision support tooling or also run as a standalone version. And it has been launched early October as an open source tool, like we've been mentioning. And currently, we're now working on further building on top of that with the OS climate community and yeah, further expanding its functionality over time. Adrian? Yeah, sure. So AWS has been supporting open data for a long time. We've had that program for many years. And in 2018, we announced the Amazon Sustainability Data Initiative. Since then, it's grown to about 20 petabytes of basically climate data, the data you need to build these kinds of tools. So that was our starting point. And what we're doing now is we're taking, we're looking at the data we've got, we're looking at the additional data that's needed to support these tools and the entire program. We're adding new things to ASDI, new data sources. And with ASDI, it makes sure that the data is clean. It's got somebody who's going to keep it up to date. And we host it for free on AWS. So that's, that's kind of the bottom up approach. Then we're also working top down with Allianz, particularly to define how they want to use this, what are the different sort of flows, what are the different user needs that we can induce cases that we want to build. And then in the middle, we've got we're integrating things like SBTI and other contributed analytics packages that are doing things like physical risk. And that can drive investment in resilience to heat, coast and river flooding, drought, things like that. And we're pulling all this together with a data catalog interface. And the team that's doing this, we've contributed some AWS credits to OS climate to run this themselves, but also we've contributed a professional services team, which has a great deal of experience in building data, data lakes, data warehousing. And so that team is basically kickstarting the, the open source contribution to get it, get the thing initially in place. Thank you. In addition, Allianz and Microsoft have been working on building some stress testing tools for climate risk management by insurance companies and banks. And we've been looking at the work, for example, that the Bank of England has put out there on the Prudential 2019 insurance model, the BES 2021 model. And all of this is, is coming together in a context at the Linux Foundation, which obviously supports many other cross industry open source collaborations, such as FinOS, LFAI, LF Energy, Automotive Grade Linux, and other umbrella projects related to open, open climate and ESG data. But I'd like to ask, Adrian, what was it that really brought you and Amazon into OS climate? Well, I've been personally interested in sustainability for many years. And most recently, I've been working on open source for AWS. So this is a kind of a natural bridge for me. But what really happened a little over a year ago, Jeff Bezos made the climate pledge for Amazon as a whole, obviously, including AWS to meet the Paris Accord 10 years early, and to move Amazon itself, all of our energy used to be renewable by 2025. And what that really did internally, we were already investing in sustainability in several areas, but it really stepped up the level of investment. So internally, we've been working through, what does it mean to have this as a priority for Amazon to take a leadership position on climate rather than sort of working through what we needed to, to just keep to sort of be in the middle of the pack. So that's what's really changed. We're also seeing a growing demand for companies to make sustainability a focus and disclose their climate related risk. As I mentioned, we had the Amazon Sustainability Data Initiative since 2018, and creating and hosting a data commons and open source analytics on top of that, open source data is freely supported and data is an obvious next step. And it's just, like I said, we've contributed credits and a team and we're sort of well underway now in figuring out what it takes to put all these pieces together. One of the great things about open source is the way that it enables companies that are normally fierce competitors to find new grounds on which to collaborate. And with Amazon and Microsoft, both part of the OS climate project, I'd like to get your perspective on how is it working for Amazon and Microsoft to be playing in this sandbox together? I think it's really the same as we have with open source. There's plenty of projects where AWS and Microsoft cooperate to build open source projects together. So it's really the outcome here is a common goal, it's a common good. Anything that we do helps the world, anything that Microsoft do helps the world, and it applies in the same way. So it's sort of a positive sum game, if you like. And the more people we can get involved in OS climate, the better. What we're really seeing, though, is that the current climate modeling marketplace is fractured. We need to move to an open source data and analytics model. We can take out this undifferentiated listing that everyone's doing over and over again, standardize the data commons and create a larger, more unified marketplace for climate impact modeling. And that's really the goal here. And then really the leading analytics today, the capabilities we have are based on open source tooling and common standards. And AWS has services to make those easy to use. But it also gives customers the option to run those tools. There are implementations elsewhere. So we're assembling the contributions on GitHub. We're extending ASDI to include these additional data sources. And we see a few different ways that people are going to be using this. The idea here is to have a multi-tenant service operated by OS climate. You can go to explore the data for free up to obviously some limits. But so basically for people to explore it and figure out what's there. And then we expect a commercial analytics marketplace to emerge for enhanced data and analytics on top of that. That's where we'll start. The second thing, larger organizations are going to want to run their own private copy of this. But since it's potentially petabytes of data, the sort of easiest thing to do is to just take the open source set up, run it in their own AWS account against ASDI data sources. And that's a low-cost way that they can have their own version of this whole thing and build their own analytics on top of that. Then the third approach is to have a private copy of the data and the code running at a data center or on another cloud provider. And obviously the configuration tooling around that will be slightly different. But that we expect to have contributed into the project as well. So the core analytics will be purely open source and based on open source toolkits and will be basically cloud neutral and agnostic. Sorry about that. Thank you. Thank you so much. I noticed that we have not gotten a lot of questions in the chat, which may mean that we are so engaging that you can't get to your keyboard. But if you do have questions you want answered later down the road, feel free to push them into the chat channel or the Slack channels and we'll get back to you. But in the meantime, there are a lot of climate data and analytics initiatives happening. And so I'd like to ask Truman to talk a little bit about what is it that differentiates OS climate? What are the other important open source efforts that our audience should know about? So actually, I want to ask Michael, if you might yourself tackle one of the key first pieces of this. So I'll talk about some of the other open source initiatives. But there are a number of initiatives out there that are open this, open that, that say we have made our product and code open source, but they're not. So if you want to comment on that. Sure. So as many of you may know from my bio, I've been doing open source legitimately since before open source existed as a term, starting that world's first company back in 1989. But during that long history, there are people who have observed that using the word open has magical marketing properties and the open source initiative as an organization has done its best to make open source licensing really mean something. The Linux Foundation has done a phenomenal job of basically being an honest broker who can bring a number of competing companies together and to work successfully at collaborative development and industry wide initiatives. Now, at the same time, there continue to be companies and investors who are looking for how to bring that open magic sauce to their play without necessarily contributing back or allowing for the kind of creative competition that true open source and open data allow. But this is something which the real open source community knows how to do. And we're doing it within the umbrella of the Linux Foundation. Great. Thanks. So let me, there are a number of different initiatives and companies we wanted to make sure the audience is aware of. This is not comprehensive, but you know, hopefully we'll point you in some other directions and, you know, in maybe in the networking room after the sessions over, we can point you to others. So there are a lot of initiatives and that are focused on more efficient trustworthy carbon markets, which are going to be crucial for addressing the low carbon transition in an economically efficient way. And then there are others that are focused on specific asset classes. So the Open Climate Foundation is one that's an example of work around carbon markets. And by the way, they're tied in with Hyperledger within the Linux Foundation family. One that's working on particular asset classes that we're excited about is called Capital for Climate. And that is really much more about as large financial institutions and social investors come to understand how they need to reallocate, strategically reallocate their portfolios. This is about deploying capital, particularly into next generation technologies, private equity, venture stage firms. So there are also some really very important open source initiatives and open data initiatives around physical risk. One that is sort of a bridge and servicing the insurance community, but also all of those, all of us, because we're all insured in multiple different ways, is called OASIS. They're exceptional. There are some great efforts underway to, and we'll talk a little bit more in a minute or two, about addressing the impacts of climate change on the natural world, biodiversity, and the natural world that we depend on. There's some great things going on on that front in Brazil. So one is called Mapilmash, and then Política, Polar, and Tarot backed, those are backed by the way, by Itaú, which is the largest commercial bank in all of Latin America. And that will be implemented across the various banking platforms in the years ahead. So also a really interesting area that I think touches a lot of areas of FinTech and open source is around asset level data. So alternative information on what companies are really doing when it comes to energy, emissions, water, and that involves, for example, the use of AI, also spatial data, and there's some great organizations working on that, including Geo Asset in the United Kingdom, part of Oxford, or related to Oxford, and ADEM, which is a major quasi-governmental think tank in France. Maybe, Lisa, do you have any thoughts there? Yeah, so maybe just to add to those broader initiatives that Truman mentioned, also to say that there are also various very interesting and ambitious startups such as rights based on science, who open source at least big large parts of their initiatives, their data, or analytics tooling. And in addition to that, I also would like to mention that, of course, the large universities, the very established climate science modelers, these data sets are also open source and certainly something that encourages collaboration also with OSC and feeding from the academic open source available data sources as well. Yeah, Adrienne, you might have some thoughts on that as well, given your work in sustainability over the years. Yeah, and I've also spent a lot of time working with finance companies of various types around the world. And I think the trend that I'm seeing is the need for speed. They're seeing business agility as a survival characteristic. And I think we'll see that move from basically the organizations that have figured out how to build products quickly and adopt new technologies quickly that have got into open source and DevOps and all of the kind of containers, AI, machine learning, the people that have figured out how to adopt those technologies are also the organizations that I think are going to figure out how they're going to be in the vanguard of thinking about sustainability and climate mitigation practices. And I think that the organizations that get left behind are the ones which are at risk from the commercial point of view. And what we'll start to see is that if you're falling behind here, you're actually going to start getting your value marked down as an asset risk. So I think that that's driving people in everyone in the right direction. But I think that certainly the leading companies are the ones that have already figured out how to be more agile and how to respond more quickly. That's awesome. I want to just notice right now how much of a there there already is there. When I started promoting this idea of commercial support for free software, it was almost impossible to get people excited about it only because it was so new and there were so few other people doing it, let alone consuming it. And we've heard about all these banks, we've heard about how many startups and how many governmental organizations and policies are all converging on this common topic. And so the opportunity to join in and start addressing the climate change world within the financial services community is just awesome. But it gets even better because there are open data and open fintech solutions being developed that go beyond just the climate. And so Lisa, can you talk a little bit about the world of ESG? Yeah, sure. I mean, of course, indeed, there is the broader world of ESG and, you know, sustainability indicators. So I would say climate is maybe the most concrete and the most data rich topic to start with. But I would say by no means is that the only one to focus on so broader, we also see huge needs in the market for more unified and more transparent open data on broader ESG. But I would say also, what our team is also really looking into is actually expanding from climate to all the planetary boundaries eventually, and I mean, including, for example, you know, what Truman was mentioning, biodiversity and maybe also, you know, connecting the dots. So working on the just transition so that connects the E and the S to me and the ESG. So also making sure that there's social inclusion in the transition towards a low carbon climate resilient economy. So I want to say a little bit more about the biodiversity side. So this is so when you talk about sort of next big thing in terms of sort of what's happening in the climate world. So that it is it's very, very much increasingly focused on not just mitigating greenhouse gases and but on addressing the catastrophic loss and threat of even accelerated losses of biodiversity and the habitat that biodiversity depends on. This is going to be a very big thing that affects a whole range of industries and markets and certainly around FinTech. So it is it is the top item on the sort of environment agenda for the European Union or we sort of those climate and biodiversity and that's going to even increase and appear in a whole range of different regulations that are going to create need for additional FinTech, RegTech, etc. Because the French are about to take over the presidency of the European Union and it is their top priority. Fortunately, the senior advisor to the French government on these issues is also on our advisory board. So expect to be closely involved there. That's Monique Barbu. Fantastic, fantastic. So you know as if as if just the financial climate informed investment opportunity wasn't big enough. The social dimension, the governance dimension, the biodiversity dimension, there's a lot to it. But as Truman said, this really is all about science coming together to be able to help us better understand our financial decisions, our priorities, and that is why it is so important for us to have a framework that can become a unified framework. And so that is Michael to a question that came in earlier because I think actually this is a good point to address it and that is sort of how does what we're talking about here connect to other areas of FinTech. And so I'll give you one example that is just hugely exciting and important. So mobile payments is obviously a massive area of work and where there's just been tremendous leapfrogging of traditional banking models to be able to address bottom of the pyramid to be able to handle financial transactions in remote areas all over the world. And a lot of that has been driven and enabled by improvements in infrastructure and networking, etc., including through projects of LF networking and others. So what does that have to do with what we're talking about here? So it is crucially important to be able to have actually micro payments that flow down to rural farmers in Africa to to people that are using low carbon high efficiency cook stoves as an alternative to basically cooking and heating with with dung for fuel. Those are all things that we're through mobile telephony and micro payments working through the telecom system are able to engage and involve those people in a way that not only when you add it up across the billions of people that that are users of energy, tillers of soil, etc., not only are changes in motivating those changes important for addressing climate change, but also for a just transition. Yeah, that's great. And so I think another another question which is on a lot of people's mind is how can they themselves get involved? How can individuals, not just organizations get involved? And Adrian, why don't you talk a little bit about that? Sure. Yeah. I mean, we've had obviously in the open source arena, it's a mixture of corporate contributions and individuals who get excited about a particular area. One of the ways that we've seen that works pretty well to get people excited is to organize actually have an organized hackathon. And that way you can you have sort of the core support people in place that know how the system is currently built can see have some sort of concentrated support and just invite people in and have everybody just working on different aspects of the system. So we have we've been organizing hackathons around projects for a long time, all different kinds of things. And so I think that's something that we're looking to do as as this gets to a point where there's a publicly available copy of the code. We're looking to try to organize various types of events around it to sort of promote it and gather people get people to make contributions and figure out how to use the data themselves. Hackathons can be an amazing catalyst. Another suggestion. Lisa Eichler posted a link to the science based targets initiative tool, which is just you know, it's just one piece of this massive, massive puzzle. And I don't recommend trying to consume all knowledge about global climate change and climate aware investing in one go. But if you wanted to start somewhere and just sort of look at how a particular piece reaches into some of the topics that would be a good way to also get involved. So we are in the process of building some prototypes. We are not quite yet ready to release that code because we wanted to be something that people can sort of latch on to and study and we're still really at the beginning. But as we make announcements about the prototype availability, we hope that the awareness that we are building through activities like this forum are going to cue people to look at that work, make comments, criticize, possibly join, that's what that's really what the open source community is all about. So I want to know if let's see I'd like we just have a few minutes left and so I'd like to go back to Truman Siemens and just give us a recap of the near term vision of OS climate. Great. So thank you. And again, we're very pleased to have the opportunity to have spoken with you all today. We are very eager for you to get involved in the work that we're doing, whether through membership in OS climate and contributions on a corporate level, or as individual contributors. And as we've said, we will certainly push out through the community opportunities for individual developers to do that. We hope to get to that point soon. So I think what we've sort of mentioned in bits and pieces here, some elements of their vision for the data commons and for analytics. So just to kind of put that to wrap that together, we're focused in the near term on the greatest needs, the most pressing needs of large sovereign wealth funds, pension funds, asset managers and banks for understanding and quantifying climate related risk, understanding and actively investing in opportunities for climate solutions that also have the risk return profile that is required or providing sort of having better credit decisions for what they finance. And for at a more of a financial system level to provide the tools that are needed to understand climate related risk across the financial system. So that's the envelope for the the elements and pieces that you've heard described here today around tools for stress testing around the science based targets financial initiative tool, tools for assessing portfolios of real assets and other types of portfolios for physical risk and resilience and adaptation and investments in resilience. And then very, very importantly, accelerating toward the availability of high quality comparable data about markets and corporations that is robust enough to essentially to serve all of these investment needs. We're taking small steps now toward that. Maybe Adrian, you can talk about just some of the immediate steps that are underway. So we're currently working a way to get this put together. The first version, we've got some internal prototypes that we'll be sharing amongst the OS climate membership as we as we go forward, we're starting to assemble the pieces, some of the contributions, but we're expecting to have have something in the next few months that's actually starts to become usable and then have a public release sometime during 2021. So that's the schedule we're on. And I think just going back to the what can you do thing, I think everybody that works for a public company, you should know what your public company's position is on disclosing your targets. And if you don't know what that is, if your company doesn't have a position, maybe that you can go and ask the question back quick. What are we doing if climate reporting, climate impact reporting becomes mandatory for all public companies around the world? What is our position on that? And I think that's a good question and you may find that somebody's working on it, that you can develop that relationship and then maybe point them at OS climate as a way to help build that reporting information. Adrian, I think that's such an excellent closing argument that idea of answering the question, what can I do? Perhaps the reason that climate change has become such a large problem is that individuals think about that question and they can't imagine that practically there is anything that they can do. And yet, and yet this open source development model, this marketplace of companies who desperately need breakthrough technologies to be able to make correct decisions, set the stage for that individual contributor to work with the many, many other individual contributors who have the same question, who have an answer, a piece of the answer to this question. And so time is short, but time is now for those who have that question, what can I do to find an answer and within their companies bring their companies to the table at as part of the Linux Foundation's climate finance group. For those of you who are true individual contributors, check in with the OS climate project and see when we are ready to engage the open source community more fully. We're at time, but Truman, if you want to have the last word since it's your project go right ahead. No, that was a perfect closer. Go ahead. Well, we really, really appreciate your time and attention. I see that there's a couple of late, late breaking comments in the chat, but we can continue this conversation on the Slack channel.  And so thank you so much for giving us your attention and we hope to see you somewhere in the code space sometime soon. Thank you. And thank you, Lisa, Truman, Adrienne, you've been fantastic. Thank you.


Graphitic carbon nitride Gc3N4 is a promising material for use in solar fuel production. However, its performance is limited by the rapid recombination of electrons and low reaction dynamics. Boron Ib was introduced into the large cavities between trias-trias in units in Gc3N4 through coordination with two coordinate nitrogen N atoms. This modification improved the electron excitation from N2Px2Py to be 2Px2Py with the same orbital direction in B-doped Gc3N4, which increased the charge transfer and localization, and thus the reaction dynamics. Additionally, the atoms doping changed the absorption of carbon monoxide, CO, intermediate, and acted as active sites for methane, CH4, production. As a result, the optimal sample of 1% B-slash Gc3N4 exhibited better selectivity for methane with approximately 32 times higher yield than that of pure Gc3N4. This article was authored by Junwei Fu, Kong Liu, Kersen Zhang, and others. We are article.tv, links in the description below.


Hi, I'm Lucas from metal. I'm here to show you how to set up and use your audio stream cover with your sonnet series audio processor First up how to assemble To assemble audio stream you must first remove the battery pack cover from your audio processor To do this make sure the cover is unlocked then slide off the battery pack cover Check that you are using a compatible battery pack frame or rechargeable battery adapter Compatibility is indicated by this symbol Make sure that the audio stream cover is unlocked slide audio stream completely over the battery pack frame or Rechargeable battery adapter. This will switch on your audio processor to prevent children from disassembling the audio processor Turn the battery pack cover lock clockwise into the locked position Please note that the micro rechargeable battery is not suitable for young children under three years Because the battery cannot be locked in place And that's it now you can start pairing your audio stream


For provocations, Russian soldiers are given uniforms of the Ukrainian Army. The troops of the Russian Federation, which are stationed in the Bryansk and Kursk regions, are issued Ukrainian military uniforms by the occupying command. According to the Center of National Resistance of Ukraine, all these actions indicate that the Russians are preparing a provocation under a false flag to mobilize their society and also mislead the world community in order to divert attention from the crimes of the Russian armed forces. The Center of National Resistance admits that the leadership of a terrorist state may resort to terrorist acts on the territory of the Russian Federation or imitation of hostage-taking. Besides, the military armies of the Russian Federation are strengthening the counterintelligence and police regimes in the temporarily occupied part of the Zaporizh region. The invaders restricted access to some settlements. Russian invaders have found a new way to detect members of the Ukrainian Organizatons in the temporarily occupied territories. According to the Center of National Resistance, employees of the Federal Security Service of the Russian Federation walk in public places in civilian clothes. Thus, the invaders are looking for disloyal local residents. If they are led to a provocation, then they are forced to cooperate in the future. After a year of war in Ukraine, sabotage, drone attacks and real losses of the Russian Army in protracted positional battles were found to be the main sources of Russian fears.