MIGA and ISA launch Solar Facility to boost global energy access

The Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA), supported by the Indian government, have launched the MIGA-ISA Solar Facility, a multi-donor trust fund to expand global access to renewable energy. This facility will combine ISA’s technical expertise with MIGA’s financial mobilization capabilities, offering concessional financing and reinsurance to improve the viability of solar energy projects and reduce the cost of MIGA guarantees. Focusing initially on Sub-Saharan Africa, with plans for global…