"US, UAE Say They'll Invest In Middle East Decarbonization"

"The U.S. and the United Arab Emirates (UAE) said Monday that they would help finance decarbonization in the Middle East region and the global community at large.

“We will also cooperate closely to make new investments in financing decarbonization across both the Middle East and North Africa (MENA) region and the wider international community and help the most vulnerable adapt to the inevitable effects of climate change,” said the statement, which was attributed to the two nations, rather than any specific individuals.

“We will particularly focus our joint efforts on renewable energy, hydrogen, industrial decarbonization, carbon capture and storage, nature-based solutions, and low-carbon urban design,” they said."

Rachel Frazin reports for The Hill April 5, 2021.

Source: The Hill, 04/06/2021