{"id":24569,"date":"2023-12-01T18:19:52","date_gmt":"2023-12-01T18:19:52","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund"},"modified":"2023-12-01T19:55:46","modified_gmt":"2023-12-01T19:55:46","slug":"uae-pledges-30-billion-usd-climate-finance-fund","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund","title":{"rendered":"UAE Pledges 30 Billion USD Climate Finance Fund"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ethiopia. <\/strong><\/span>President of United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan has welcomed world leaders to COP28 with a pledge to create a 30 billion USD fund for climate financing.<\/p>\n<p>&#8220;I am pleased to announce the establishment of a 30 billion USD fund for global climate solutions,&#8221; Sheikh Mohamed told an audience of prime ministers, presidents and heads of state.<\/p>\n<p>&#8220;This fund is designed to bridge the climate finance gap,&#8221; he added.<\/p>\n<p>Named Alterra, the fund is described as a catalytic climate vehicle that will be used to bolster climate financing.<\/p>\n<p>Sheikh Mohamed said access to affordable finance to invest in clean sources of energy had long been a barrier to the clean energy transition.<\/p>\n<p>The climate talks also &#8220;come at a time when the world faces many challenges&#8221;.<\/p>\n<p>&#8220;When we committed to hosting Cop28, we pledged to bring the world together to unite, build and to deliver,&#8221; the President said.<\/p>\n<p>The Emirates has a long history of climate work, he said, including a pledge to achieve net zero by 2050, reduce carbon emissions by 40 per cent by 2030 and invest billions in clean energy.<\/p>\n<p>The United Nation\u2019s annual climate summit is underway in Dubai, with world leaders approving a climate disaster fund that will see rich nations financially support developing countries who are affected by climate change-linked disasters.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ethiopia\">Ethiopia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ethiopia. President of United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan has welcomed world leaders to COP28 with a pledge to create a 30 billion USD fund for climate financing. &#8220;I am pleased to announce the establishment of a 30 billion USD fund for global climate solutions,&#8221; Sheikh Mohamed told an [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":24568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,277,235],"class_list":["post-24569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-ethiopia-2","tag-ethiopia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UAE Pledges 30 Billion USD Climate Finance Fund - Ethiopia<\/title>\n<meta name=\"description\" content=\"President of United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan has welcomed world leaders to COP28 with a pl ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE Pledges 30 Billion USD Climate Finance Fund\" \/>\n<meta property=\"og:description\" content=\"President of United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan has welcomed world leaders to COP28 with a pl ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-01T18:19:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-01T19:55:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2023\/12\/sm_1701442946.660249.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"UAE Pledges 30 Billion USD Climate Finance Fund\",\"datePublished\":\"2023-12-01T18:19:52+00:00\",\"dateModified\":\"2023-12-01T19:55:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2023\/12\/sm_1701442946.660249.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ethiopia\",\"ethiopia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/uae-pledges-30-billion-usd-climate-finance-fund\",\"name\":\"UAE Pledges 30 Billion USD Climate Finance Fund - 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