Solar Sector to Get $1 Trillion Power-Up From World Bank
The World Bank wants to mobilise $1 trillion in investments to increase solar energy use around the world.
In collaboration with the International Solar Alliance (ISA), the World Bank says it wants to raise the substantial amount by 2030.
As part of an agreement signed last week (30 June), the World Bank will give the solar alliance access to its global development network and its “knowledge and financing capacity.” The India-headquartered ISA was established at last year’s climate change summit in Paris and is made up of 121 countries.
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