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ISA, MIGA set up multi-donor trust fund to support solar projects
Update / Judgement Date
06 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The International Solar Alliance (ISA) and the Multilateral Investment Guarantee Agency (MIGA) have established a multi-donor trust fund to support solar energy projects. The fund aims to provide financial backing and reduce investment risks for solar initiatives, fostering the growth of renewable energy. This collaboration reflects a commitment to accelerating the transition to sustainable energy sources and addressing financial barriers that hinder solar project development. The initiative is expected to enhance global efforts in combating climate change and promoting clean energy.