Question: How many dollars worth of solar energy program was launched during Ministerial Side Event on International Solar Alliance (ISA) at Headquarters of the United Nations in New York?
(a) 1 Trillion Dollars
(b) 10 Trillion Dollars
(c) 15 Trillion Dollars
(d) 20 Trilion Dollars
Ans (a)
Related facts:
- On 22 April 2016 Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy and Segolene Royal, French Minister of Environment, Energy and the Sea, in charge of International Relations on Climate and President of COP21 co-chaired a Ministerial Side Event on International Solar Alliance (ISA) at Headquarters of the United Nations in New York.
- It was attended by Ministers and Representatives from over 25 countries including Bangladesh, Brazil, Ethiopia, Namibia, Uganda, Nigeria, Peru, Djibouti, Surinam, Zambia, Bolivia, Seychelles, Sri Lanka ,Mali, India, USA and France participated in the ISA side event.
- 1 Trillion dollars worth of solar energy program was launched during the program.
- The program was launched to harmonize and aggregate the demand for Solar finance, so as to lower the cost of finance and facilitate the flow of more than US $ 1 Trillion investment in solar assets in ISA member countries
- This will empower solar-rich countries, lying fully or partially between the tropic of Cancer and the tropic of Capricorn, which share common challenges and opportunities.
- On the same occasion other program named “Scaling solar applications for agricultural use” was launched to serve the interests of the farming communities in the prospective ISA member countries and ensure that there is sufficient flow of affordable finance for solar projects.
Reference:
http://pib.nic.in/newsite/pmreleases.aspx?mincode=28
http://pib.nic.in/newsite/PrintRelease.aspx?relid=141095