Title : THE INTERNATIONAL SOLAR ALLIANCE

Date : Dec 12, 2021

Description :

GS III

 

Topic à Environmental Conservation related issues

 

• ISA's Background:

 

• The International Solar Alliance (ISA) is an alliance of more than 120 countries, the majority of which are sunshine countries that lie entirely or partially between the Tropics of Cancer and Capricorn, which was founded by India and is now open to all UN members.
• The Paris Declaration created the International Solar Alliance (ISA) as an organisation dedicated to the promotion of solar energy among its members.

 

• The ISA's main goals include the global deployment of over 1,000GW of solar power capacity and the mobilisation of over US$ 1000 billion in solar energy investment by 2030.

 

• What exactly does it do:

 

• As an action-oriented organisation, the ISA brings together countries with rich solar potential to aggregate global demand, thereby reducing prices through bulk purchase, facilitating the deployment of existing solar technologies at scale, and promoting collaborative solar R&D and capacity building.

 

• When did it come into effect:

 

• ISA formally became a de-jure treaty-based International Intergovernmental Organization with its headquarters in Gurugram, India, when the ISA Framework Agreement went into effect on December 6th, 2017.

 

• Source à The Hindu à 11/12/21 à Page Number 8

 

Tags : Intergovernmental Organization, solar power capacity