![UAE has committed 30 billion dollars to the World Climate Action Summit at COP28 UAE has committed 30 billion dollars to the World Climate Action Summit at COP28](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfLNLpNu3V4Fwkavdzj5NG51RXUXuncUNXuRRM1VPLADu6vqqWL8tECOTy2MIvOXagRVvFheoAXDbad2XCJ68WlMimpm2Fc6O0GNd1QWNycm_a-ToymE0UY41ZqvS5WgeHcUhAFk0w6YCdV3wkm0SXg0qYRBBIvZUinc_11qAheWm-u59hnAGjqupFnYTB/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(9).png)
- The UAE is the first Arab country to host the UN Climate Change Conference and has pledged to bring the world together to unite, work, and deliver on climate action.
- The $30 billion fund, called ALTÉRRA, is the world’s largest private investment vehicle dedicated to climate action, and aims to mobilize $250 billion by 2030, focusing on emerging markets and developing economies.
- The fund is designed to bridge the climate financing gap and facilitate affordable access to clean energy, low-carbon infrastructure, and climate resilience.
Question:
Q.1 What is the name of the $30 billion fund that the UAE has announced to support climate action?a. ALTÉRRA
b. ALTAIR
c. ALBA
d. ALMA