The international solar alliance — an initiative proposed jointly by India’s Prime Minister Narendra Modi and by French President François Hollande — was presented on the first day of COP21, November 30, to show its importance.
The idea of a global solar energy alliance represents an ambitious program and essentially comes down to a demand for the necessary financing that is presented here.
Hollande introduced the initiative involving an alliance of countries that are the most capable of developing the potential of solar energy. The goal is to ensure a transfer of technology from the developed to the developing countries and to create the financial mechanisms to transfer the technology.