RK Singh, minister of power and new and renewable energy demanded that developed countries fund solar power projects in poor countries through the International Solar Alliance. During the ministerial plenary of ISA’s fourth general assembly on Wednesday, Singh said the developed world cannot say, sorry it’s not my business when it comes to funding clean energy projects.
“It is your business. You developed using fossil fuels and occupied most of carbon space. This emergency of climate change in some ways you have created,” he said in his opening remarks. He added that for the developing world some carbon space should be free. “We have 800 million people around the world without access to energy and ISA can play a major role in ensuring that access. It is incumbent upon the entire developed world to enable the ISA to do this,” Singh said.
He warned that if there is no funding from developed countries, ultimately development in emerging and poor economies will be fossil fuel based. He said that the time had come to fulfil the unmet pledges made in previous climate conferences to make 100 billion dollars available for the transition .
