GEAPP Partners with ISA to Propel India’s Green Energy Future

Current Context: On January 7, 2025, the Global Energy Alliance for People and Planet (GEAPP) partnered with the International Solar Alliance (ISA) to propel India's green energy future.

• This collaboration is a significant step towards achieving India's ambitious renewable energy goals.
• Key elements of the partnership include:
• Multi-Donor Trust Fund (MDTF): A $100 million fund to support high-impact solar projects. This fund will finance initiatives aimed at scaling up solar energy production and integrating it into India's energy grid.
• Digitalization of Utilities: The partnership focuses on modernizing and digitalizing utilities to enhance efficiency and reliability in energy distribution.
• Innovative Initiatives: Programs like DUET (Digital Utilities Empowerment and Transformation) and ENTICE 2.0 (Enhanced New Technologies and Innovations for Clean Energy) will foster innovation and support the development of new technologies in the renewable energy sector.
• Renewable Energy Targets: The collaboration aims to help India achieve its target of 500 GW of renewable energy capacity by 2030, significantly reducing the country's carbon footprint and promoting sustainable development.

Question:

1 How much funding has been allocated to the Multi-Donor Trust Fund (MDTF) by the Global Energy Alliance for People and Planet (GEAPP-International Solar Alliance (ISA) partnership?

• A) $50 million
• B) $75 million
• C) $100 million
• D) $150 million

Answer: C) The Multi-Donor Trust Fund (MDTF) is a $100 million fund dedicated to financing high-impact solar projects and integrating them into India's energy grid.