French President Emmanuel Macron have pledged 700 millions Euros for solar projects in developing countries, as leaders from all part of the met in India on sunday to promote investment in renewable energy.

Remember that Macron, last December warned that the global shift to a green energy future was too slow, and also made it clear that France would generate an extra $861.5m through loans and donations by 2022 for solar projects in emerging economies.
France had already committed more that $350 million to the initiative when it joined forces with India to form a global alliance in 2015 to unlock cash for solar projects in sunny yet poor nations.



India’s Prime Minister Narendra Modi has committed to reducing India’s sizeable carbon footprint through a massive growth in renewable energy ,said it was vital that other nations were not left out.

“We have to make sure that a better and cost-effective solar technology is available to all,” Modi told investors and world leaders from about 20 mainly African nations.

According to the latest report ,India which is the one of the worlds largest polluters , is undergoing spectacular growth in its solar sector and is on track to become one of the world’s largest clean energy markets.
Back in 2015, India pledged at the Paris climate summit to source at least 40 percent of its energy from renewables by 2030, mainly via solar.


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