Sharma says developed nations will deliver on financial pledge

The video discusses the critical role of finance in the Paris Agreement and climate efforts, highlighting panels on finance predictability, adaptation, and future trends. It reviews progress at COP26 and outlines a delivery plan for the $100 billion climate finance goal, emphasizing transparency and mobilization. The video also covers adaptation finance commitments and the need to align financial flows with climate goals, urging collaboration between public and private sectors.

Why is predictability of finance considered crucial for developing countries?

• It allows them to raise their climate ambitions.

• It helps them plan their budgets more effectively.

• It ensures they receive more international aid.

• It reduces their dependency on fossil fuels.

What is the target year by which the $100 billion climate finance goal is expected to be met?

• 2020

• 2025

• 2021

• 2023

How much is expected to be mobilized between 2021 and 2025 according to the delivery plan?

• $100 billion

• $200 billion

• $1 trillion

• $500 billion

Which country is mentioned as part of the new group committed to balancing adaptation and mitigation?

• United Kingdom

• France

• United States

• Germany

What is the significance of the contributions made to the adaptation fund?

• It is the first time contributions have been made.

• It represents the largest single mobilization in the fund's history.

• It only includes contributions from developing countries.

• It is the smallest mobilization in recent years.