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Solar Risk Mitigation Initiative
February 7 , 2020
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- The World Bank– Energy Sector Management Assistance Program (WB-ESMAP), developed the Solar Risk Mitigation Initiative (SRMI) in partnership with,
- Agence Française de Développement (AFD),
- International Renewable Energy Agency (IRENA) and
- International Solar Alliance (ISA)
- SRMI aims to support countries in developing sustainable solar programs that will attract private investments and so reduce reliance on public finances.
- It has three components to mitigate the risk of solar deployment:
- Sustainable Solar Targets
- Transparent Procurement
- Viable Risk Mitigation Coverage
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