$83 billion in climate pledges led by Sultan Ahmed Al Jaber

On December 13, 2023, Sultan Ahmed Al Jaber, President of COP 28, led a historic day in the fight against climate change with a record $83 billion in new financial commitments. This day marks a turning point in the global approach to climate change, with a strong focus on cooperation, innovation and concrete actions.

An unprecedented financial boost
Sultan Ahmed Al Jaber, President of COP 28, has achieved a historic milestone in the fight against climate change. With a record $83 billion in new financial commitments, he has provided an unprecedented boost to global climate efforts. These commitments, from both private and public sectors, mark a turning point in the global response to climate change.

A day of historical importance
On December 13, 2023, a day that will go down in history, Sultan Ahmed Al Jaber addressed the world with a message of hope and action. He promised a COP like never before, one that brought together all sectors and communities: from business and governments to civil society organizations, faith communities, youth and indigenous peoples. His words reflected a deep commitment and a call for unity in action.

A catalyst for change
Under the leadership of Al Jaber, Altera was launched, the world's largest catalytic private investor, fully focused on climate change solutions. This step symbolizes a new direction in the financing of sustainable initiatives, with an emphasis on innovation and effectiveness.

Ambitious objectives and concrete actions
The COP 28 saw the launch of ambitious targets: tripling renewable energy and doubling energy efficiency. Statements on agriculture, food and health were made, and for the first time, oil and gas companies took concrete steps to address their targets and emissions, including methane. In addition, language about fossil fuels was included in the final agreement for the first time.