One estimate said that climate damages in developing countries would cost somewhere between $300 billion a year to $500 billion a year by 2030. The Global Methane Pledge is targeting methane, which is 30 times more powerful than carbon dioxide. A bunch of countries pooled about $20 billion specifically to help Indonesia transition toward clean energy and get off of coal.
In a UN-brokered agreement, more than 190 countries agreed to pay for “loss and damage” caused by climate change. But determining who owes what — and for what and to whom — will be a real challenge.
This episode was produced by Avishay Artsy, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Noel King.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices