Web Exclusive | October 2017
New cooperation with International Solar Alliance
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“Closer cooperation between the European Investment Bank and the International Solar Alliance demonstrates the shared commitment of Europe and India to tackle climate change. Solar power has huge potential to provide affordable and clean energy in solar rich countries. Working with international financial institutions is crucial to mobilize climate finance and share technical expertise. The EIB’s unique experience of successfully supporting renewable energy expansion around the world will enhance the efforts of the ISA in the years ahead.” said H.E. Upendra Tripathy, Interim Director General of the International Solar Alliance.
The ISA is a global grouping of 121 countries and financial institutions established to harness solar energy. It was jointly launched by Indian Prime Minister Modi and French President Hollande at the COP 21 Paris climate conference.