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EU transfers International Solar Alliance logo to ISA Secretariat

Press Trust of India  |  New Delhi 

The today transferred the rights of the logo for the International Solar Alliance, a coalition of solar resource-rich countries, to the Secretariat located in

The logo consists of 121 dots. Each dot represents one of the 121 countries that are part of the alliance.

The has a shared ambition to reduce the cost of and technology, mobilise over USD 1,000 billion of investments needed by 2030 for deployment of solar energy, and to pave the way for future technologies adapted to the needs.

The logo was designed and developed by and under the EU project for the and (MNRE).

The logo was transferred to at a ceremony attended by Tomasz Kozlowski, ISA and MNRE

"Sustainable development is at the heart of EU-relations and we are well advanced in our and climate partnership. The EU and are committed to implementing the Agreement and are collaborating closely in the area of off-shore wind, solar parks, roof-top solar, urbanisation, circular economy, waste management. We are looking at formalising our support to the ISA in the coming months," Kozlowski said.

The EU is also supporting the ISA through (EIB), the largest in the world.

was the leading recipient of the financing for solar investment outside the European Union, both in 2017 and overall since 2013.

The has approved a total of EUR 640 million of new investment in solar projects in India to provide to an estimated 4.2 million households and save more than 4 million tons of carbon emissions.

"Closer cooperation between the and the demonstrates the shared commitment to tackle climate change. Working with the EU is crucial to mobilise and share technical expertise. Its unique experience of successfully supporting development in its member countries as well as in the world will enhance the efforts of the ISA in the years ahead," Tripathy said.

The ISA was launched at the landmark UN Climate Change Conference in at the end of 2015 by former French and

The founding conference of the ISA was held in in March this year. It was attended by the heads of state and government and representatives of the 121 countries.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 11 2018. 21:05 IST