UAE powers Africa’s sustainable future

UAE powers Africa’s sustainable future

The United Arab Emirates' commitment to sustainable development is evident in its numerous projects and initiatives that promote climate action and renewable energy solutions, while also bolstering climate finance to accelerate green growth in Africa.

The UAE's sustainable investments in Africa reflect its dedication to strengthening effective international cooperation and partnerships to support synchronised progress in sustainable development, climate action, and endorsing measures aimed at tripling renewable energy production capacity by 2030.

To date, the UAE has invested over $12 billion in development projects and renewable energy across Africa through partnerships with both governmental and private sectors. Additionally, the UAE continues to play a leading role in rallying international efforts to achieve the goals of the Paris Agreement, striving to limit global temperature rise to well below 2 degrees Celsius, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.

In line with its hosting of the COP28, the UAE announced an initiative for financing clean energy projects in Africa worth AED16.5 billion. The initiative aims to enhance Africa's capacity to achieve sustainable growth, bringing together the Abu Dhabi Fund for Development (ADFD), Export Credit Insurance Corporation, Abu Dhabi Future Energy Company "Masdar," and AMEA Power to collaborate with the Africa50