WEBVTT

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<v ->I'm coming to you from COP26,</v>

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the UN's global climate conference,

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in an absolutely essential year

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in the battle to accelerate our progress

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on reducing carbon emissions

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and getting the world on a much better pathway.

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The first two days are the World Leaders Summit,

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and I'm encouraged by some of what we've heard:

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the progress on reforestation and land use,

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the launch of the First Movers Coalition,

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which is all about advancing technology

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and making forward commitments

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so that innovators can be bolder

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in scaling up new technology that the world needs

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to bring down climate.

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I also had a chance to speak with Bill Gates

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about Breakthrough Energy Catalyst and his efforts,

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that we're now one of the founding partners of,

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to also accelerate new technologies

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in absolutely critical areas.

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We have a lot of work still to do, and frankly,

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this COP-with the negotiations that are still underway

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between political leaders around the world-

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is absolutely essential to make continued progress.

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But it's encouraging to see

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not just our political leaders engaging,

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but the role that the business community is playing

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to actively step up,

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dramatically increase the number of companies

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making net zero commitments-

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and not just making commitments

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but also figuring out how to get on pathways for themselves

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and for their supply chains and business partners.

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I'm optimistic also of what we're gonna see

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out of the financial community,

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and what I expect

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to be many trillions of dollars of investment

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that's going against carbon-reduction goals.

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So overall, it's an encouraging start,

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a lot of work left to do,

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but we're in it together and we need to work together

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across the public, the private, and the social sectors

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to get us on the path we need to be on.