Monday, November 30, 2015

Developing Countries Announce 'Global Solar Alliance' to Combat Climate Change

Solar energy accounts for about 1 percent of global energy supply, so India's Narendra Modi has his work cut out for him.

At the Guardian UK, "India unveils global solar alliance of 120 countries at Paris climate summit":
India’s prime minister has launched an international solar alliance of over 120 countries with the French president, Fran├žois Hollande, at the Paris COP21 climate summit.

Narendra Modi told a press conference that as fossil fuels put the planet in peril, hopes for future prosperity in the developing world now rest on bold initiatives.

“Solar technology is evolving, costs are coming down and grid connectivity is improving,” he said. “The dream of universal access to clean energy is becoming more real. This will be the foundation of the new economy of the new century.”

Modi described the solar alliance as “the sunrise of new hope, not just for clean energy but for villages and homes still in darkness, for mornings and evening filled with a clear view of the glory of the sun”.

Earlier, France’s climate change ambassador, Laurence Tubiana, had called the group “a true game-changer”.

While signatory nations mostly hail from the tropics, several European countries are also on board with the initiative, including France.

Hollande described the project as climate justice in action, mobilising public finance from richer states to help deliver universal energy access.

“What we are putting in place is an avant garde of countries that believe in renewable energies,” he told a press conference in Paris. “What we are showing here is an illustration of the future Paris accord, as this initiative gives meaning to sharing technology and mobilising financial resources in an example of what we wish to do in the course of the climate conference.”

The Indian government is investing an initial $30m (£20m) in setting up the alliance’s headquarters in India. The eventual goal is to raise $400m from membership fees, and international agencies.

Companies involved in the project include Areva, Engie, Enel, HSBC France and Tata Steel...
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