COP28: UAE president announces $30 billion fund to bridge climate finance gapThe fund is designed to bridge climate finance gap and aims to stimulate $250 billion of investment by 2030.
President of the United Arab Emirates Sheikh Mohamed bin Zayed.
Credit: Reuters Photo
Dubai: United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions.
ADVERTISEMENT
The fund is designed to bridge climate finance gap and aims to stimulate $250 billion of investment by 2030, he said.