GOAL 7 COP 21 for a common platform for cooperation among solar - PowerPoint PPT Presentation

Paris Declaration: Launched at GOAL 7 COP 21 for a common platform for cooperation among solar rich countries. Ensure access to affordable, reliable, sustainable and modern energy for all GOAL 13 Take urgent action to combat climate change 75 Signatory Countries 53 Countries Ratified

Each of the five focus areas are constraint by issues across skill, scale and speed, which if addressed at a global level can help create impact at scale 4 1 2 3 Scaling solar applications Scaling solar for Scaling roof top solar Scaling E-mobility & for agricultural use mini-grids storage through solar Vertical intervention areas Problem Prohibitive cost of solar water High capex cost and lack of Lack of skilled manpower to Lack of standardization restricts Key pumps limits uptake, low sustainable business models deploy and maintain roof top technology development and awareness, limited innovation make mini-grids unviable solar assets impacts growth alignment on technology options Opportunity Massive opportunity to aggregate With collaborative interventions Opportunity to build capacity at By ensuring collective demand and best practices across around innovative financing, scale through skilling programmes development of common technical for ISA design and procurement to help opportunity to scale de- to improve design, installation & standards ISA can help address scale initiatives centralized grid models maintenance of roof top solar some major gaps constraining assets uptake of e-mobility Innovative financing for solar energy Horizontal levers 5 (Increase access to and reduce cost of financing by mobilizing capital and leveraging instruments such as blended finance etc.) Other priority levers for ISA (Undertake knowledge dissemination, capacity building, advocacy and technology innovation to promote solar energy deployment)

A CATALYST BUSINESS MODEL FOR GLOBAL SOLAR ENERGY Enabler 30- Fellowships iSTAR-C Infopedia 200 - Training of Trainers Facilitator Accelerator 2 Billion- EXIM Bank India 1.5 Billion- AfD MDB investments in solar Aggregated demand for 1000 MW solar and 300000 solar water pumps Project preparation suppport Incubator Solar Risk Mitigation Initiative (SRMI) Common Risk Mitigation Mechanism

An integrated approach required to tackle those challenges Joined efforts to launch at COP 24 the Solar Risk Mitigation Initiative (SRMI) to support the development of solar PV in a sustainable and affordable manner by leveraging private sector investments 4