Africa will receive $4.5 billion in sustainable energy investments from the UAE.

During a historic climate summit hosted by Kenya on Tuesday, the United Arab Emirates announced a $4.5 billion investment in sustainable energy projects for Africa. The event's goal was to attract funds for the fight against global warming. Sultan Al Jaber, who oversees the government-owned renewable energy company Masdar, the UAE's national oil giant ADNOC, and the COP28 climate negotiations, said, "We will deploy $4.5 billion... to jumpstart a pipeline of bankable clean energy projects in this very important continent."

Bunmi

Sep 5, 2023 - 10:24

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Africa will receive $4.5 billion in sustainable energy investments from the UAE.

During a historic climate summit hosted by Kenya on Tuesday, the United Arab Emirates announced a $4.5 billion investment in sustainable energy projects for Africa. The event's goal was to attract funds for the fight against global warming. Sultan Al Jaber, who oversees the government-owned renewable energy company Masdar, the UAE's national oil giant ADNOC, and the COP28 climate negotiations, said, "We will deploy $4.5 billion... to jumpstart a pipeline of bankable clean energy projects in thi

Sultan Al Jaber, who oversees the government-owned renewable energy company Masdar, the UAE's national oil giant ADNOC, and the COP28 climate negotiations, said, "We will deploy $4.5 billion... to jumpstart a pipeline of bankable clean energy projects in this very important continent."

SOURCE:PUNCH

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