The International Solar Alliance (ISA) has announced a partnership with Bloomberg Philanthropies to mobilize $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will work with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26.
This was made public at the fourth general assembly of the International Solar Alliance (ISA), which was held virtually between October 18th and October 21st, 2021.
Delivering the Presidential address, Shri RK Singh, Minister of Power & Minister of New and Renewable Energy, India, said, that it is time for all of us to get together to make energy access using solar and renewable energy available.
French Minister of Ecological Transition and Co-President at the ISA Assembly, Ms Barbara Pompili said, “This is an important year for all of us to access modern and sustainable energy. The ideas shared in the first energy summit convened by UN General Assembly are also our priorities in the International Solar Alliance.
Mr George Freeman, Member of Parliament; Minister for Science, Technology & Innovation for The United Kingdom, said, “The UK has made clean power transition a top priority. The main challenge is the transition to green power, figuring out how to build and operate electricity grids and meeting our global power needs sustainably, affordably, and reliably.
U.S. Special Presidential Envoy for Climate John Kerry, said, “Solar energy is the most powerful tool that the world has in its toolkit to combat the climate crisis. Building a solar-powered economy won’t just slash carbon emissions, it’ll open enormous economic opportunities.