The UAE and the US signed a strategic partnership to invest $100 billion to produce 100 gigawatts of clean energy globally by 2035.

Photo: President Sheikh Mohamed meets Brett McGurk, deputy assistant to the US President, second left, during Adipec in Abu Dhabi. Also present were Sheikh Khaled bin Mohamed, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, right, and Amos Hochstein, US special presidential co-ordinator, left.

02 November 2022 | James Porteous | Clipper Media News

UAE and US in strategic partnership to invest $100bn in clean energy projects

01 November 2022 | Shweta Jain. Fareed Rahman. | The National News

The UAE and the US signed a strategic partnership to invest $100 billion to produce 100 gigawatts of clean energy globally by 2035.

The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) in the presence of UAE President Sheikh Mohamed, state news agency Wam reported on Tuesday.

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and Special Envoy for Climate Change, and Special Presidential Co-ordinator Amos Hochstein signed the partnership on behalf of the UAE and the US, respectively.

“The energy transition needs a realistic, practical and economically viable plan to deliver climate progress, together with energy security and inclusive economic growth,” Dr Al Jaber said.

“The UAE-US Partnership for Accelerating Clean Energy [Pace] will enable climate action while enhancing global energy security and affordability for the people of the UAE, the US and nations around the world.”

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