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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (917731)	1/28/2016 10:43:08 AM
From: Wharf Rat	Read Replies (1) of 1575154

Did you miss the part about navigating the arctic? = UAE opens $10bn green credit line in Gulf first Last updated on 28/01/2016, 10:19 am Developing countries will be the target of National Bank of Abu Dhabi’s 10-year pledge to tackle ‘significant’ energy funding gap The United Arab Emirates’ largest lender by assets is ramping up finance for clean energy projects. The “underlying drivers are long-term and strong,” said the National Bank of Abu Dhabi, announcing plans to lend and invest US$10 billion over the next 10 years. The commitment helps tackle a US$640bn shortfall for energy investments across Africa, the Middle East and Asia. It marks a gradual embrace of clean energy by petropowers in the Gulf region, as governments look to cut wasteful consumption of fossil fuels. It also charts a rise in Global South countries making available climate finance for other developing nations. climatechangenews.com

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