France wants to build the Post-Paris Agreement world with India, French President Francois Hollande today said as he called the International Solar Alliance as “India’s gift” to the world in combating climate change.
Hollande also pledged 300 million Euros to develop solar energy in next five years.
He said while France has signed an agreement for participating in the creation of 100 Smart Cities programme, it will also link the initiative with the Solar Alliance by helping to increase public lighting and supplying solar electricity to these cities.
He said France will also mobilise its companies, its research and technological institutions and diplomatic network to help achieve the objective of International Solar Alliance and work with India on the vital issue of cost of financing.
“I would like to announce here that the French Development Agency will allocate 300 million euros to developing solar energy over the next five years in order to finance the initial projects.