Calling upon the developed economies to invest in corpus fund of the International Solar Alliance (ISA), Union power minister RK Singh said on Wednesday that “it is incumbent upon the entire developed world to enable the ISA provide energy access in a clean manner’. He added that “if we don’t do this, then the development will take up the fossil fuel route”.
The minister was addressing the fourth general assembly of ISA, which deliberated on the organisation’s key actions points, including the operationalisation of the ‘One Sun One World One Grid’ (OSOWOG) initiative, the $1-trillion solar investment road map for 2030, and the financial risk mitigation facility.