ISA FA entered into force in 2017. With amendment of its FA in 2020, all member states of UN are now eligible to join ISA.
About ISA (HQ: Gurugram, India)
- Genesis: Conceptualized on sidelines of COP21 in Paris in 2015.
- Aim: Collaborative initiative between India and France aimed at uniting efforts to combat climate change by implementing solar energy solutions.
- Mission: ISA is guided by ‘Towards 1000’ strategy, aiming to:
- Mobilise USD 1,000 billion of investments in solar energy by 2030.
- Delivering Energy access to 1,000 million people.
- 1,000 GW of solar energy installation.
- ISA Assembly: Apex decision-making body. It plays a key role in shaping and overseeing implementation of ISA's Framework Agreement.
- Membership: 104 Member countries and 16 signatories’ countries.
Significance of ISA
- Encourage use of sustainable, low global warming potential solar-based cooling technologies through financing and incentives for small- and medium-sized farms.
- Mitigate global carbon emissions, reducing 1,000 million tonnes of CO2 annually.
- Advances India’s role in clean energy, energy security, and achieving net-zero emissions by 2070.
- Create global solar energy market by encouraging large scale deployment with reduced cost and collaborative development.
Initiatives taken by ISA
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