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Moldova Signs International Solar Alliance (ISA) Framework Agreement

18-12-2024

10:30 AM

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1 min read
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Overview:

Recently, Moldova has officially signed the International Solar Alliance (ISA) Framework Agreement, furthering its commitment to promoting renewable energy.

About the International Solar Alliance (ISA):

  • Background: The International Solar Alliance (ISA) Framework Agreement (FA) came into force in 2017. Following its amendment in 2020, all United Nations member states became eligible to join the ISA.
  • The headquarters of the ISA is located in Gurugram, India.
  • The ISA was conceptualised on the sidelines of COP21 in Paris in 2015 as a collaborative initiative between India and France.
  • The ISA aims to unite global efforts in combating climate change through the implementation of solar energy solutions.
  • The mission of the ISA is guided by the ‘Towards 1000’ strategy, which focuses on three key goals:
    • Mobilizing USD 1,000 billion of investments in solar energy by 2030.
    • Providing energy access to 1,000 million people worldwide.
    • Achieving the installation of 1,000 GW of solar energy capacity.
  • The ISA Assembly is the apex decision-making body of the organization. It plays a crucial role in shaping policies and overseeing the implementation of the ISA’s Framework Agreement.
  • Currently, the ISA has 104 member countries and 16 signatory countries.

Key Initiatives of the International Solar Alliance (ISA)

  • Scaling Solar Applications for Agricultural Use (SSAAU): This program addresses the increasing demand for solar-powered water pumps to support agricultural activities.
  • ISA CARES: This initiative provides innovative and reliable solar energy solutions for healthcare systems in low- and middle-income countries.
  • Program on Solarizing Heating and Cooling Systems: This program aims to meet the growing heating and cooling demands in commercial, industrial, and residential sectors by facilitating solar-based solutions.
  • Global Solar Facility: Launched during COP27, this facility is designed to catalyze solar investments in underserved regions and geographies across Africa.

Q1. Is the International Solar Alliance (ISA) part of the United Nations?

No. ISA is not part of the United Nations, but the United Nations General Assembly (UNGA) has granted Observer Status to the International Solar Alliance (ISA). It will give the organization a greater voice on the international stage and enable it to promote the benefits of solar energy to a wider audience.

News: Moldova joins International Solar Alliance - ET EnergyWorld