350.org and Oil Change International Respond to COP28 Climate Fund Scandal: Advertised as a Groundbreaking Renewable Energy Fund, the UAE's Alterra Fund is Deceitfully Channeling Money Into Oil and Gas Projects
July 25, 2024
July 25, 2024
BOSTON, Massachusetts, July 25 -- 350.org, an organization that works to end the age of fossil fuels and build a community-led renewable energy, issued the following news release on July 24, 2024:
At the UN climate talks in Dubai last year, COP28 President and Oil CEO Sultan Al Jaber proudly announced Alterra, a fund that he advertized to become the "world's largest" private climate investment vehicle. At the time the COP28 Director-General and Alterra CEO said the fu . . .
At the UN climate talks in Dubai last year, COP28 President and Oil CEO Sultan Al Jaber proudly announced Alterra, a fund that he advertized to become the "world's largest" private climate investment vehicle. At the time the COP28 Director-General and Alterra CEO said the fu . . .