Majid Al Suwaidi
Showing 1–4 of 4 transcripts.
- Milken Institute22 min
A Conversation with Altérra CEO His Excellency Majid Al Suwaidi | Middle East & Africa Summit 2025
Majid Al Suwaidi, His Excellency Majid Al Suwaidi, Joseph McMonigle
Established as the world's largest climate-focused private fund, Altera has committed an initial $6.5 billion deployment to mobilize $250 billion in capital for the Global South alongside strategic partners Brookfield, TPG, and BlackRock. This initiative follows the landmark COP28 conference, which shifted climate diplomacy to a pragmatic, private-sector-integrated model under the political leadership of UAE officials. Fund Director Majid Al-Sawadi now leverages his diplomatic background to accelerate clean energy infrastructure, specifically targeting the energy demands of AI and industrial decarbonization in emerging markets.
- Milken Institute16 min
Conversation with H.E. Majid Al Suwaidi, CEO of ALTÉRRA | Global Investors' Symposium São Paulo
Founded at COP28 by former Director-General Majid Al Suedi and major financial partners Brookfield, TPG, and BlackRock, Altera is a $30 billion climate investment vehicle designed to mobilize an additional $250 billion from the private sector over the next three to five years. The fund operates a dual mandate splitting capital between a global Transformation Fund and a dedicated Global South Fund, with a strategic focus on clean energy including nuclear power, industrial decarbonization, and emerging climate technologies. As of now, the entity has deployed capacity equivalent to 90 gigawatts across five continents while generating commercial returns that exceed sector expectations, validating its model to attract further institutional co-investment ahead of COP30.
- Milken Institute21 min
Creating a Cleaner Future | Global Conference 2025
Majid Al Suwaidi, Simon Stiell, Gillian Tett
A high-level panel led by UNFCCC's Simon Steele and World Bank President Ajay Banga analyzes the shift from a 5°C to a 3°C warming trajectory while highlighting the UAE's $30 billion Altera Fund as a critical mechanism to mobilize $250 billion in external capital for the Global South. Speakers including Majid Al-Sawadi argue that despite US policy vacuums and Western political headwinds, global decarbonization remains economically locked in through blended finance structures that leverage concessional and private capital. The consensus affirms that the 1.5°C target remains scientifically viable but necessitates immediate, accelerated action across mitigation, adaptation, and loss-and-damage pillars to address the growing supply-demand gap for clean solutions.
- Milken Institute42 min
Energy Transition: Critical Minerals, Climate Tech, & Policy Shifts | Middle East and Africa Summit
John Defterios, His Excellency Majid Al Suwaidi, Lucie Berger, Frank Fannon, Oskar Lewnowski, Bob Wilt, Majid Al Suwaidi
Launched by the UAE, the $30 billion Alira Initiative seeks to mobilize $250 billion in private capital by 2030 to bridge the investment gap in the Global South, where 85% of current transition funding flows to the North. The program targets critical bottlenecks in the energy supply chain, specifically addressing the decade-long permitting delays and geopolitical concentration of critical minerals that currently hinder gigafactory development. By combining a de-risked investment structure with a focus on modernizing the mining sector's public image, the initiative aims to secure a resilient, technology-driven future for clean energy while challenging the dominance of existing supply chains.