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Explaining COP26’s $100 billion pledge

Climate Change Conference: Breaking down the $100 billion pledge at the UN’s COP26 meeting.

Video Transcript

- The predominating issue this year has been there $100 billion per year pledge that developed countries need to provide and mobilize towards developing countries. And we know that they have not met the $100 billion and that there's a gap. And of course, that's a huge issue in terms of trust. And trust is the foundation for negotiation. The developed countries have provided a delivery plan. And it gives us a progression over the years, but it's still three years late.