Browsing: developing nations

United Arab Emirates (UAE) and the International Renewable Energy Agency (IRENA) have announced a strategic partnership to help 20 developing countries strengthen their Nationally Determined Contributions (NDCs) under the NDC Partnership. The partnership aims to raise climate ambitions and accelerate action on renewable energy.

On the first day of the World Governments Summit (WGS) 2024, Abu Dhabi’s Advanced Technology Research Council (ATRC) made a groundbreaking announcement, introducing the ‘ATRC Global Tech R&D Platform.’ This initiative aims to provide worldwide access to cutting-edge technology solutions, allowing countries to leverage the UAE’s technological expertise for addressing their unique challenges.

Emirates Development Bank (EDB) has pledged up to AED 1.3B ($350M) to support the Energy Transition Accelerator Financing (ETAF) platform, a global climate finance initiative initiated by the International Renewable Energy Agency (IRENA). The goal of this platform is to expedite the funding of renewable energy projects, particularly in developing nations.