2022-04-29 20:41:22
INTERNATIONAL SOLAR ALLIANCE (ISA)-2015§ The ISA is an intergovernmental treaty-based organisation with a global mandate to catalyse solar growth by helping to reduce the cost of financing and technology.
§ It is an Indian initiative that was launched by the Prime Minister of India and the President of France on 30th November 2015 in Paris, France on the side-lines of the
UNFCCC Conference of the Parties (COP-21), with
121 solar resource rich countries lying fully or partially between the
tropic of Cancer and tropic of Capricorn as prospective members.
§
2021: India launched the joint
Green Grids Initiative One Sun One World One Grid (GGI –OSOWOG) at the World Leaders’ Summit in Glasgow. It seeks to transfer solar power generated in one region to feed the electricity demands of others.
FACTS RELATED TO ISA:§ ISA has attained a Permanent Observer Status at the UN General Assembly.
§ ISA is mandated to facilitate mobilization of USD 1 trillion in solar investments by 2030 for solar energy deployment.
§ The Strategic Plan of the ISA for 2021-2026 identifies three key global issues – Energy Access, Energy Security, and Energy Transition.
§ ISA supports its membership across four pillars encompassing: programmatic support, capacity building and ecosystem readiness, risk mitigation instruments, and analytics and advocacy.
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