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London introduced congestion pricing over 20 years ago to tackle some of the world's worst traffic. Today, on average, drivers still spend 101 hours a year stuck in gridlock – so why is the once-controversial £15 daily charge more popular than ever? While the charge hasn't eliminated congestion, and it's made an expensive city even more expensive, it has quietly transformed London in other ways: funnelling over £2.6 billion into public transport improvements and reducing air pollution. As cities worldwide consider similar measures, London's two-decade experiment offers crucial lessons about what congestion pricing can and can't achieve. -- Subscribe: https://www.bit.ly/3L0j2Ro Watch more videos: https://www.bit.ly/3FPmblU Visit our site: https://www.context.news/ — We make short documentaries, explainers and original series for people who care about the world’s biggest challenges. Context is anchored around three of the most significant and interdependent issues of our time: climate change, the impact of technology on society and inclusive economies. We contextualize how critical issues and events affect ordinary people, society and the environment. Context is a media platform brought to you by the Thomson Reuters Foundation, the corporate foundation of Thomson Reuters, the global news and information services company. Through journalism, media development, free legal assistance, and convening initiatives, we combine our unique services to drive systemic change.