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AlwaysFree: World Bank And Abu Dhabi Fund To Invest $1.5 Bln In Emerging Market Energy Transition

Author: SSESSMENTS

According to Reuters article published on February 13, 2023, the World Bank's International Finance Corporation (IFC) investment arm will on Monday sign an agreement with the Abu Dhabi Fund for Development on a joint $1.5 billion investment in emerging markets energy transition, the IFC head said Monday.

"I'm signing today with the Abu Dhabi Development Fund a platform for $1.5 billion where we are co-investing with them in emerging countries around energy transition," IFC Director General Makhtar Diop said at the World Government Summit without providing further detail.

Tags: All Products,AlwaysFree,Crude Oil,English,Gas,Middle East,UAE

Published on February 14, 2023 9:57 AM (GMT+8)
Last Updated on February 14, 2023 9:57 AM (GMT+8)