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Alok Sharma, head of the UN Climate Summit in Glasgow, speaks in Paris on Oct. 12. ( Li Yang/China News Service via Getty Images)

After 12 years of fits and starts, industrialized nations on Monday put forward a detailed plan to provide at least $100 billion annually in climate aid to developing countries starting by 2023.

Why it matters: The plan, presented by representatives of Canada and Germany, is aimed at defusing one of the biggest sources of tension at COP26, which is the failure of industrialized nations to follow through on their financial commitments.

Yes, but: The original goal set in 2009 was for the countries most responsible for climate change to date, such as the U.S. and European Union, to pay developing countries to help them withstand climate impacts and develop renewable energy resources.

  • The $100 billion was supposed to be mobilized beginning in 2020, and climate vulnerable nations are seeking back payments for the shortfall from that year, as well as 2021 and 2022.
  • However, some developed nations, such as the U.S., are opposed to making up for such a shortfall.

What's next: At COP26, developing countries will press for post-2025 finance plans, including the mobilization of huge amounts of private capital to help them transition to clean energy sources.

What they're saying: Iskander Erzini Vernoit, a policy adviser at the think tank E3G, said the plan "falls short of committing to meet $600 billion over 6 years, or offering a serious scaled-up adaptation finance target for 2025."

Go deeper

Poll: 52% of Americans say they've experienced effects of global warming

Expand chart
Data: "Climate Change in the American Mind;" Chart: Jacque Schrag/Axios

According to new results from a national poll from the Yale Program on Climate Change Communication, a record high of seven-in-10 Americans said they are at least "somewhat worried" about global warming. This beats out the findings from the same question dating back to 2008.

Why it matters: Americans are increasingly perceiving climate change as a current danger affecting them personally, a development that could shift attitudes toward federal policy.

Updated 10 hours ago - Technology

From Malcolm X to "Free Britney," new media shapes the justice system

Illustration: Shoshana Gordon/Axios

True crime documentaries, podcasts and social media campaigns are bringing new attention to real-world legal proceedings — and are often affecting the outcome.

Why it matters: New media platforms can instantly put a national spotlight on cases that have long been forgotten or buried under red tape.

Updated 13 hours ago - Health

The next big bottleneck in the global vaccination effort

Illustration: Rae Cook/Axios

The world still needs more coronavirus vaccines, but an additional bottleneck has emerged in many low-income countries: They need help getting shots in arms.

Why it matters: Increasing vaccination rates across the world is both a humanitarian necessity and the best way to prevent dangerous new variants from emerging, but it increasingly requires complex problem-solving.