The UAE government announced the launch of ALTÉRRA, a new investment platform designed to drive private capital toward climate investments and improve access to climate finance in emerging markets, particularly in the Global South. ALTÉRRA aims to mobilize $250 billion globally by 2030, with a $30 billion commitment from the UAE. BlackRock, Brookfield, and TPG are among the launch partners, with ALTÉRRA investing $6.5 billion in climate-focused funds managed by these firms. The platform includes two components: ALTÉRRA ACCELERATION, a $25 billion anchor investor, and ALTÉRRA TRANSFORMATION, a $5 billion risk capital provider to incentivize capital flows into the Global South.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}