At COP28, the UAE has launched the ALTRRA fund, pledging $30B to mobilize $250B for global climate projects.
By this funding to developing countries for their transition to cleaner alternatives is an encouraging step. It demonstrates UAE leadership acknowledges that they must aid this shift elsewhere. I believe they will implemented it transparently and accounted for properly, ALTRRA has real potential to accelerate emissions reductions globally.
ALTRRA has represents an opportunity for the UAE to showcase climate change need not conflict with economic priorities through well-managed green investment programs
by TrustworthyBasis