Energy Transition

Middle East oil giant commits $30 billion to create climate-focused investment vehicle

Alterra to mobilise $250 billion by 2030 to become world’s largest private investment fund for climate change action

Green move: COP28 president Sultan Ahmed Al Jaber speaks during a news conference at the COP28 summit.
Green move: COP28 president Sultan Ahmed Al Jaber speaks during a news conference at the COP28 summit.Photo: AP/SCANPIX
Middle East EditorNew Delhi
UAESultan Ahmed Al JaberAbu DhabiDubaiLatin America
Published 1 December 2023, 09:44Updated 1 December 2023, 16:38