Private sector needs to step up to fund climate transition, Cop28 hears
Guarantees from development banks can help drive up investment in emerging markets, investors and bankers say
Events on the sidelines of Cop28 in Dubai were told increased private-sector finance was needed to fund climate transition. Getty Images
Nick Donaldson / The NationalNew EU wealth tax leads Saxo Bank’s outrageous predictions for 2024
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The commitment is aimed at fulfilling the UAE's ambitions of reaching its goal of net zero by 2050. The National
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UAE Banks Federation pledges $272bn in sustainable financing at Cop28
UAE Minister of Energy Suhail Al Mazrouei speaks at an event on nuclear energy at Cop28. APUAE is investing more in renewable energy than in oil, minister says
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Riyadh skyline. The production capacity of renewable energy projects under construction in Saudi Arabia is expected to exceed 8 gigawatts by the year's end. EPASaudi Arabia on track to meet carbon-emission reduction target by 2030, officials say
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The Barakah nuclear energy plant comprises four units with a total clean electricity generation capacity of 5.6 gigawatts. Photo: Emirates Nuclear Energy CorporationUAE's Enec signs uranium supply deal with Kazakhstan’s Kazatomprom
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Al-Futtaim Group is the Strategic E-Mobility Partner of Cop28 - a major alliance and a significant step in steering the sustainability mission of the group. Supplied ImageAl-Futtaim Automotive’s mission to accelerate EV adoption
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Energy transition and renewables investments are a key part of the UAE's comprehensive economic partnership agreements, said Dr Thani Al Zeyoudi, Minister of State for Foreign Trade. Antonie Robertson / The NationalUAE's Cepas opening new pathways to green investment, minister says
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Kristalina Georgieva speaks at Cop28. The UN climate forum in Dubai has been a 'success from day one' after the landmark loss and damage deal was reached, she said. ReutersCop28 'successful from day one' with win on loss and damage fund, IMF chief says
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