Climate Home: World Bank loan comes off back of major funding pledges from US and Germany as major economies try and wean Delhi off coal
Some US$1 trillion will be invested in small-scale solar in developing countries by 2040, The sun is shining a little brighter on Delhis ambitious plans to triple its use of renewable energy by 2030 after $1 billion of funding was confirmed by the World Bank.
The loan will leverage investment in the countrys domestic energy market and mobilise $1 trillion in finance...