Oct 18, 2023 07:02 PM (GMT+8) · EqualOcean
The UAE invested USD 36 billion in foreign renewable energy last year while the green investments over the next 30 years will reach USD 160 billion. As one of the first countries to commit to "net-zero emissions" by 2050, the UAE has placed greater emphasis on investment in renewable energy recently. Previously, the UAE demonstrated that it is expected to triple the supply of renewable energy in the next seven years, and invest up to USD 54 billion to satisfy the soaring energy demands.