UAE president announces $30b fund to bridge climate finance gap

UAE president announces $30b fund to bridge climate finance gap

Skyscrapers stand in Dubai. Photographer: Christopher Pike/Bloomberg

United Arab Emirates President Sheikh Mohammed Bin Zayed Al Nahyan, whose country is hosting the COP28 climate summit, announced on Friday a $30 billion climate fund that aims to attract $250 billion of investment by the end of the decade.

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