{"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":"<p>To bolster investments in solar power projects, the<strong><u> (ISA)<\/u><\/strong>, in its General Assembly meeting here on Tuesday, approved the Solar Facility, <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n   <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>          <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> a payment guarantee mechanism expected to stimulate investments into solar projects through two financial components  a Solar Payment Guarantee Fund and Solar <a href=\"https:\/\/exam.pscnotes.com\/insurance\">Insurance<\/a> Fund.<\/p>\n<p>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":"<p>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 &#8230; <a title=\"International Solar Alliance approves funding\nfacility\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/international-solar-alliance-approves-fundingfacility\/\">Read more <span class=\"screen-reader-text\">International Solar Alliance approves funding<br \/>\nfacility<\/span><\/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],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>International 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. 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