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BlackRock Exclusive: New $30bn Climate Fund Explained

Alterra, a firm backed by a $30 billion commitment from the United Arab Emirates (UAE), has partnered with three major North American private-equity companies – BlackRock, TPG, and Brookfield Asset Management – to focus on investments in climate change.

BlackRock New York Office stands tall ahead of new $30bn Alterra-backed consortium to tackle climate change with $30 billion fund. PHOTO: ALP/Shutterstock
BlackRock New York Office stands tall ahead of new $30bn Alterra-backed consortium to tackle climate change with $30 billion fund. PHOTO: ALP/Shutterstock

During the World Climate Action Summit COP28 event in Copenhagen, the UAE announced

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