UAE President unveils ambitious $30 billion global climate solutions fund at COP28 ...Iraq

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Shafaq News/ On Friday, UAE's President Mohammed bin Zayed Al Nahyan revealed the establishment of a groundbreaking $30 billion fund dedicated to climate solutions on a global scale. The announcement occurred during the opening speech at the COP28 conference held in Dubai. President Al Nahyan outlined that the fund's primary objective is to catalyze the collection and investment of an impressive $250 billion by the year 2030. Addressing the audience, he emphasized the world's pressing challenges, with climate change standing out as a paramount issue affecting every facet of life. The announcement aligns with the broader goals of COP28, where world leaders and stakeholders convene to discuss

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