International Solar Alliance Summit

Launched at COP21 in Paris in 2015, the so-called “sunshine coalition” aims to mobilise more than USD 1 billion of investments by 2030 to massively deploy solar energy, in particular in solar-rich countries. This is an unprecedented opportunity to fight climate change and bring affordable energy to people in the 121 countries of the Solar Alliance.

European Investment Bank President Werner Hoyer was in Delhi to pledge his commitment to the initiative. The EIB, as the largest climate financier in the world, is partnering with the Solar Alliance to bring its expertise and financing to support the expansion of solar energy in India and beyond.

EIB President speech at the Summit

At the founding conference of the International Solar Alliance, EIB President Werner Hoyer said that the EU bank is committed and ready to play its part in supporting the mass rollout of solar energy around the world. Check the full speech.