Now that countries have made their climate pledges, how will they pay for them?

Now that COP26 is over, world leaders will need to determine how to pay for the ambitious climate pledges.

When the world's leaders arrived in Glasgow for COP26 earlier this month, they knew what needed to be done: keep global warming below 2 degrees Celsius at all costs.

The climate pledges were made, many more ambitious than ever before. But now that the dust has settled and the private jets have left Scotland, what comes next?

Determining where the money to pay for all of these new climate initiatives [IS THERE AN ESTIMATE OF COST? - ASIDE FROM BEZOS?] will come from will now be instrumental in the fight against climate change, experts told ABC News.

Funding initiatives to combat climate change is expected to cost about $50 trillion by 2050, according to a report published in 2019 by Morgan Stanely.