Why A $30 Billion UAE Climate Fund Is Rejecting Data Center Deals // TRAIN BRAIN

Why A $30 Billion UAE Climate Fund Is Rejecting Data Center Deals

AI is driving a global race for data-center power — but not every deal makes the cut.
Altérra CEO Majid Al Suwaidi explains why a “clean” label alone is not enough for the UAE-backed climate fund in the latest episode of “Managing Middle East with Dan Murphy.”
Launched at COP28 with a $30 billion commitment from the UAE, ALTÉRRA aims to mobilize $250 billion in climate investment by 2030, while backing projects it says can deliver both commercial returns and measurable climate impact.
#CNBC #ManagingMiddleEast #ALTERRA #ClimateInvesting
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