As the radiation from the Sun passes through the atmosphere, some is absorbed by liquids, gases and solids. Some is reflected and scattered, especially by the tops of clouds.
A high albedo means the surface reflects most of the radiation that hits it and absorbs the rest. A low albedo means a surface reflects a small amount of the incoming radiation and absorbs the rest.
94 per cent of long wave radiation is absorbed by greenhouse gases in the atmosphere, warming the atmosphere and producing the natural greenhouse effect. The remaining 6 per cent is lost to space.