Thursday, March 15, 2018

Equatorial Guinea President Calls for Mobilization of Investments in Solar Energy

The President of the Republic of Equatorial Guinea, HE Obiang Nguema Mbasogo, called for the international mobilization of investments of more than one billion dollars in solar energy from now until 2030 at the International Solar Alliance Summit.

The mobilization of investment will facilitate and accelerate the large-scale deployment of more than one thousand gigawatts of solar energy to developing countries to meet their growing demand for energy.

The President highlighted the importance of international collective action to work for a cleaner world and noted Equatorial Guinea’s concern in regards to the global threat of climate change.

The Summit, established at the COP21 Climate Change Summit in Paris by France and India, is focused on leaving clean, affordable, and renewable energy to everyone through the promotion of green, clean, and sustainable energy.

The framework agreement of the Summit has been signed by 58 countries and ratified by 26, making it one of the most promising international coalitions to fight against climate change.

High-level officials and heads of state from 121 countries participated in the Summit, including the President of France and Prime Minister of India.