Arab Coordination Group Allocates $10 Billion for Energy Transition

The Emirates News Agency "WAM" reported today, Tuesday, that "the Arab Coordination Group announced on the sidelines of its participation in the UN Climate Summit COP28 that it will allocate ten billion dollars to support the energy transition until 2030." It added that "the funding provided by the group, which is a strategic alliance of regional and international development institutions, aims to support the equitable transition to clean energy in developing countries."