Abu Dhabi's climate investment platform Alterra is planning a new $1.2 billion co-investment vehicle, with Spain's BBVA committing $250 million as a strategic partner. The fund is part of the UAE's broader push to mobilize private capital into climate-aligned investments across infrastructure, private equity and private credit. Majid Al Suwaidi, CEO of ALTÉRRA spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the deployment of the capital. (Source: Bloomberg)