{"id":3578,"date":"2024-06-14T00:12:28","date_gmt":"2024-06-14T00:12:28","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3578"},"modified":"2024-06-14T00:12:28","modified_gmt":"2024-06-14T00:12:28","slug":"international-solar-alliance-approves-fundingfacility","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/international-solar-alliance-approves-fundingfacility\/","title":{"rendered":"International Solar Alliance approves funding\nfacility"},"content":{"rendered":"

To bolster investments in solar power projects, the (ISA)<\/u><\/strong>, in its General Assembly meeting here on Tuesday, approved the Solar Facility, a payment guarantee mechanism expected to stimulate investments into solar projects through two financial components a Solar Payment Guarantee Fund and Solar Insurance<\/a> Fund.<\/p>\n

The thrust of the facility is to attract private capital to flow into underserved markets in Africa. The ISA would aim to crowdsource investments from various donors across the globe and proposed projects in Africa would be able to purchase payment guarantees or partial insurance premium from these funds.<\/p>\n","protected":false},"excerpt":{"rendered":"

To bolster investments in solar power projects, the (ISA), in its General Assembly meeting here on Tuesday, approved the Solar Facility, a payment guarantee mechanism expected to stimulate investments into solar projects through two financial components a Solar Payment Guarantee Fund and Solar Insurance Fund. The thrust of the facility is to attract private capital … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[892],"class_list":["post-3578","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-18-10-22"],"yoast_head":"\nInternational Solar Alliance approves funding facility - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/international-solar-alliance-approves-fundingfacility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International Solar Alliance approves funding facility\" \/>\n<meta property=\"og:description\" content=\"To bolster investments in solar power projects, the (ISA), in its General Assembly meeting here on Tuesday, approved the Solar Facility, a payment guarantee mechanism expected to stimulate investments into solar projects through two financial components a Solar Payment Guarantee Fund and Solar Insurance Fund. The thrust of the facility is to attract private capital ... 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