n a recent address at the COP 28 climate summit in Dubai, King Charles III made a startling assertion regarding the financial requirements to combat climate change.

The British monarch estimated a staggering yearly expenditure of $5 trillion, a figure representing about 20% of the U.S. GDP in 2022.

This amount, according to Charles, is crucial for fostering “transformational action” in the face of what he perceives as a rapidly deteriorating global climate situation.

During his speech, which was attended by prominent figures such as former Vice President Al Gore and U.N. Secretary-General António Guterres, Charles emphasized the need for combined efforts from public, private, philanthropic, and NGO sectors.

He stressed that public finance alone is insufficient and urged for the private sector’s engagement to mobilize the required trillions.

Charles, however, did not specify the allocation of this enormous sum, merely suggesting it should support sustainable projects and move away from harmful practices.

Part of this fund might be channeled into the Green Climate Fund, a U.N. initiative aimed at assisting developing nations in climate change mitigation.

The United States recently pledged $3 billion to this fund, augmenting an earlier $2 billion contribution, and committed to phasing out coal plants to limit global warming to 1.5 Celsius.

The speech, while calling for increased investment in green energy and collaborative efforts across various sectors, lacked clarity on the precise distribution and sourcing of funds.

RELATED: Climate Change Gone Too Far? – Farmers Face Killing 41,000 Healthy Cows Over Regulations

There was also no indication whether Charles himself would contribute, despite the royal family’s substantial wealth.

King Charles’ proposal, suggesting an enormous financial commitment to combat climate change, raises serious questions about its feasibility and the still-debated science surrounding climate change.

The sheer scale of the investment he proposes—comparable to a significant fraction of the world’s largest economy—brings into question the practicality and rationale behind such an endeavor, especially in a world grappling with numerous other pressing issues.

RELATED: UN Climate Summit Set to Call on the USA to Reduce It’s Meat Consumption, Overlooks Key Facts