Statement by White House Press Secretary Karine Jean-Pierre on the U.S.-UAE Partnership to Accelerate Transition to Clean Energy (PACE)
November 1, 2022
Today the United States joined with the United Arab Emirates in taking a bold step toward the resilient, affordable clean energy future the world needs. Our new Partnership for Accelerating Clean Energy (PACE) will catalyze $100 billion in clean energy financing in both countries, as well as robust commercial investment and other support for the emerging economies whose clean development is both underfunded and essential to the global climate effort. Through PACE, the U.S.