UAE launches new $30 billion climate investment fund at COP28
Edited By WION Video Desk
Published: Dec 02, 2023, 05:25 IST | Updated: Dec 02, 2023, 05:25 IST
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The United Arab Emirates, host of COP-28, announced a US$30 billion commitment to an investment fund called ALTÉRRA. The privately managed fund aims to mobilise US$250 billion globally by 2030 and be the largest of its kind, geared towards climate investments and transform emerging markets and developing economies.
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