COP28 – UAE PRESIDENT ANNOUNCES $30 BILLION FUND TO BRIDGE CLIMATE FINANCE GAP

United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions. The fund is designed to bridge climate finance gap and aims to stimulate $250 billion of inves…


United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions.

The fund is designed to bridge climate finance gap and aims to stimulate $250 billion of investment by 2030, he said.

Source: National News Agency-Lebanon

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