APICORP Rebrands as The Arab Energy Fund, Unveils New Strategy and Plans up to $1bn to Drive Energy Transition Including Decarbonization Technologies
Retrieved on:
Tuesday, December 5, 2023
APICORP unveiled its new identity The Arab Energy Fund at COP 28, ushering in a visionary 2023-2028 strategy and up to US $1 billion in planned investments in energy transition including decarbonization technologies.
Key Points:
- APICORP unveiled its new identity The Arab Energy Fund at COP 28, ushering in a visionary 2023-2028 strategy and up to US $1 billion in planned investments in energy transition including decarbonization technologies.
- The institution's rebrand as The Arab Energy Fund, aligns with its deep commitment to playing an active role in supporting the MENA's energy landscape transition towards a net-zero future.
- During COP 28, where The Arab Energy Fund is showcasing its role as a climate supporter in the Green Zone's Energy Transition Hub, Khalid Ali Al-Ruwaigh, CEO of The Arab Energy Fund, unveiled the new name and strategy.
- Our strategy involves diversifying investments by championing technological advancements for enhanced energy efficiencies and driving sustained decarbonization efforts.