The alliance set a target of producing one trillion watts of solar power by 2030.
NEW DELHI: President Emmanuel Macron stressed the need for “concrete action” on renewable energy projects at the first meeting of the International Solar Alliance (ISA) in New Delhi, co-hosted by France and India.
PM Modi, whose country pledged to fulfill at least 40 percent of its energy needs from renewable sources by 2030, said the ISA nations will have to “increase solar in our energy mix.”
Macron took a jibe at US President Donald Trump at the summit for his decision to withdraw from the Paris Climate Change agreement.
Trump withdrew from the Paris Climate Change agreement, which his predecessor Barack Obama had signed in 2015.
The Paris Agreement is the first climate accord in which all states defined their contributions in the fight against climate change.
Under the deal, global warming should be limited to “well below 2 degrees” Celsius, ideally to less than 1.5 degrees compared to the pre-industrial era.
Macron said countries represented at ISA represent three-fourths of the world population. As much as 20-50 per cent of the population do not have access to power, he said.
The French Development Agency will allocate 700 million euros in additional spending to its commitment to solar energy by 2022, taking the total commitment to 1 billion euros.
