The UAE's state-owned company, whose CEO will lead the talks, is pledging lofty climate goals. But it has a "high" probability of failing to meet them, a document obtained by POLITICO's E&E News says.
The United Arab Emirates has drawn a backlash from climate advocates for its role hosting the global climate talks, but the massive fund it's considering would help countries green their economies.
Newsletter
Peretz Partensky/Flickr/Commercial use & mods allowedhttps://creativecommons.org/licenses/by-sa/2.0/
Analysts say the decision by Saudi-led OPEC — and the Biden administration's reaction — underscores the depths of a widening rift between the countries.
As climate change makes the region hotter and drier, the U.A.E. is leading the effort to squeeze more rain out of the clouds, and other countries are rushing to keep up.
