$34.5mn Confirmed In Grants Under UAE-Caribbean Renewable Energy Fund

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, has confirmed that the UAE is proceeding with grants totalling US$34.5 million (AED126.7 million) to fund renewable energy projects in the Caribbean that are built to withstand Category-5 hurricanes and located for enhanced resilience.

This amount builds on $15mn of projects announced last year as part of the UAE-Caribbean Renewable Energy under Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation.

 

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