UAE's COP28: Balancing Climate Influence and Oil Deals

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Source: Financial Times
TL;DR Summary

The United Arab Emirates (UAE) is making a bid for climate influence by pledging a $200 billion financial contribution towards global climate action. This move comes ahead of the upcoming COP26 climate summit, where countries are expected to make ambitious commitments to combat climate change. The UAE's significant financial commitment aims to position the country as a key player in shaping global climate policies and initiatives.

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