International finance must take a lead in mobilising solar investments

International finance must take a lead in mobilising solar investments
India’s presidency of the G20 provides a window for clean energy investments especially in solar, which holds the greatest technical potential among all energy sources to reduce greenhouse gas emissions. Its overall life-cycle emissions, including those from manufacturing solar panels, are estimated to be only around 6 per cent of coal emissions and 8 per cent of gas emissions, even with carbon capture and storage for fossil fuels. Solar also diminishes harmful air pollutants when it replaces power generation from coal, natural gas, diesel, and oil-fired plants.