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France 24
France 24
Environment
FRANCE 24

COP28: Arab Coordination Group allocates $10 billion for energy transition

COP28 COP WAM Agnes Callamard UAE ACG Dubai Amnesty United Nations
Activists protest fossil fuels at the COP28 UN Climate Summit on Tuesday, December 5, 2023, in Dubai, United Arab Emirates. © Rafiq Maqbool, AP

Countries at the COP28 climate conference in Dubai are considering calling for a formal phaseout of fossil fuels as part of the UN summit's final deal to tackle global warming, a draft negotiating text seen on Tuesday shows. The Arab Coordination Group (ACG) said on the sidelines of the summit that it would allocate $10 billion to support energy transition until 2030, UAE state news agency (WAM) said on Tuesday.

  • Arab Coordination Group allocates $10 billion to support energy transition

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