International Solar Alliance (ISA)

International Solar Alliance Latest News

Presided over by India, the International Solar Alliance will convene its assembly later this month to assess progress and address challenges in promoting affordable solar energy globally.

About International Solar Alliance

• It is a treaty-based international intergovernmental organization.
• It was launched in 2015 by India and France at the COP21 summit in Paris to promote solar energy as a sustainable solution for energy access and climate change. 
• Headquarters: National Institute of Solar Energy (NISE) in Gurugram, India.
• It is the first international organization established in the country.
• ISA’s objective is to scale up solar energy and reduce the cost of solar power generation through aggregation of demand for solar finance, technologies, innovation, research and development, and capacity building.
• ISA plays a key role in advancing global solar cooperation, enhancing energy security, and supporting the transition to cleaner energy systems.
• The ISA is guided by its ‘Towards 1000’ strategy, which aims:
  • To mobilize USD 1000 billion of investments in solar energy solutions by 2030.
  • To deliver energy access to 1000 million people using clean energy solutions.
  • To install 1000 GW of solar energy capacity.
  • To mitigate global solar emissions to the tune of 1000 million tonnes of CO2 every year.
• ISA is partnering with multilateral development banks (MDBs), development financial institutions (DFIs), private and public sector organisations, civil society, and other international institutions to deploy cost-effective and transformational solutions through solar energy, especially in the least Developed Countries (LDCs) and the Small Island Developing States (SIDS).
• Membership:  
  • Membership is open to those solar-resource-rich States which lie fully or partially between the Tropic of Cancer and the Tropic of Capricorn, and which are members of the United Nations. 
  • Partner country status may be granted to the States which fall outside the Tropic of Cancer and the Tropic of Capricorn, are members of the United Nations.
  • Currently, 100+ countries are signatories, with 90+ countries having ratified to become full members.
• ISA Assembly: 
  • It is the apex decision-making body that comprises representatives from each member country. 
  • The Assembly deliberates matters of substance, such as the selection of the Director General, the functioning of ISA, approval of the operating budget, etc.
  • The first Assembly of the ISA was held in October 2018 in Greater Noida, India.

Source: ET

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