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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.
Reuters
Last Updated IST
<div class="paragraphs"><p>President of the United Arab Emirates Sheikh Mohamed bin Zayed.</p></div>

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.

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

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(Published 01 December 2023, 14:36 IST)