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5th December 2023 News

UAE Launches $30 Billion Climate Fund

UAE has launched a new investment platform ALTÉRRA with $30 billion commitment for climate change action, adding that it aims to mobilize $250 billion globally by 2030. Launch partners for the new platform include BlackRock, Brookfield and TPG, with ALTÉRRA investing $6.5 billion into climate-focused funds by the fund managers.
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ESG Chronicle Team