£11bn plan to build huge offshore wind farms in 2025

An £11 billion project to build one of the world’s biggest offshore wind farms in British waters could start construction as soon as 2025 under a deal between the Abu Dhabi state-controlled Masdar and RWE, of Germany. Masdar is acquiring a 49 per cent …

COP28: UAE commits $30bn to climate finance

The UAE has announced a $30 billion investment to launch a climate-focused investment vehicle at COP28, that will set the foundation to establish a more transparent climate finance system and provide funding and access to the Global South. The vehicle …