DUBAI (Reuters) – The United Arab Emirates will contribute $100 million to a new climate disaster fund, UAE foreign minister Sheikh Abdullah bin Zayed said on Thursday, leading a combined contribution along with other countries of just over $300 million.
“We congratulate all parties on the historic adoption of this fund for climate impact response and announce the UAE commitment of $100 million as our contribution,” he said on the X social media platform after COP28 formally approved the fund’s arrangements.
Other countries promising to contribute to the fund included Germany, with $100 million; Britain with up to 60 million pounds ($75.89 million); the United States with $17.5 million and Japan with $10 million.
($1 = 0.7906 pounds)
(Writing by Clauda Tanios and Simon Jessop; Editing by Bernadette Baum and William James)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.
Source: The Print
