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Abu Dhabi Fund Commits $50 Million for IRENA-Recommended Renewable Projects

The fund will provide financing to renewable projects in developing countries

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The Abu Dhabi Fund for Development (ADFD) has committed $50 million for renewable energy projects that are recommended by International Renewable Energy Agency (IRENA). The ADFD and IRENA have invited applications for more than $50 million in funding through the IRENA-ADFD project facility. This will be the sixth year of funding for such projects.

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