Altérra CEO says $250 billion climate investment target is within reach
Altérra CEO Majid Al Suwaidi says the UAE-backed climate investor is “extremely confident” it can mobilize $250 billion by 2030.
TL;DR
- Altérra aims to mobilize $250 billion for climate investment by 2030.
- The fund has committed approximately $6.5 billion to date.
- Altérra seeks to demonstrate that climate investment can yield competitive returns.
- The strategy includes drawing more private capital into the energy transition.
- Focus areas include the Global South and investment opportunities in AI and data center energy demand.