![]() In partnership with global asset management giants such as BlackRock, Brookfield, and TPG, ALTERRA has pledged $6.5 billion to climate-focused funds, including initiatives targeting the Global South. United Arab Emirates President Sheikh Mohammed Bin Zayed Al Nahyan, hosting the COP28 climate summit, unveiled the ambitious ALTERRA climate fund, a $30 billion initiative aimed at attracting $250 billion in investments by the decade’s end.Īs part of this groundbreaking commitment, ALTERRA will dedicate $25 billion to bolster climate strategies and allocate an additional $5 billion to incentivize investment flows into the Global South, as highlighted in a statement released by the COP28 Presidency.
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