DUBAI: The United Arab Emirates will contribute US$100 million to a new climate disaster fund, foreign minister Sheikh Abdullah bin Zayed said today, leading a combined contribution along with other countries of just over US$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 social media platform X after COP28 formally approved the fund’s arrangements.
Other countries promising to contribute to the fund included Germany, with US$100 million; the UK with up to US$75.89 million; the US with US$17.5 million, and Japan with US$10 million.