It is time to take a hard look at where we stand on climate action financing and close gaps necessary to achieve 1.5 degrees aligned 2030 targets. In 2021, The UAE announced ‘The UAE Net Zero by 2050’ strategic initiative as national drive to achieve net-zero by 2050. In the proactive third update to second NDC, UAE announced the ambition to accelerates nationwide emissions reduction of 40% by 2030. The bulk of the high emitting sectors supporting this transition are power, transport, waste and industry. How much sustainable finance is required and where is it most needed?