EFESydney, Australia

German chancellor Angela Merkel said on Friday that the most developed and technologically advanced countries have an obligation to make the biggest efforts to combat the global climate crisis.

Merkel was speaking alongside New Zealand prime minister and 2021 Asia-Pacific Economic Cooperation (APEC) Forum host Jacinda Ardern on the final day of the CEO Summit.

The chancellor said a major technological upheaval comparable to industrialization in the 19th century is needed in order to shift to more renewable energy sources.

"Those countries that are technologically advanced and also have the highest living standard have to make the biggest contribution," Merkel said at the summit on the global situation during the Covid-19 pandemic as almost 200 nations were preparing to wrap up COP26 climate summit in Glasgow.