News: The World Bank has operationalised a Solar Risk Mitigation Initiative (SRMI) with $333 million for 22 African countries.
Facts:
- Solar Risk Mitigation Initiative: It has been developed by the World Bank in partnership with Agence Française de Développement (AFD), International Renewable Energy Agency(IRENA) and International Solar Alliance (ISA).
- Aim: To support countries in developing sustainable solar programs that will attract private investments and so reduce reliance on public finances.
