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| 5th Assembly of International Solar Alliance to be held in New Delhi from 17 to 20 Oct 2022 |
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5th Assembly of International Solar Alliance to be held in New Delhi from 17 to 20 Oct 2022
5th Assembly of International Solar Alliance to be held in New Delhi: The Fifth Assembly of the International Solar Alliance (ISA) will be held in New Delhi from 17th to 20th October, 2022.
India holds the office of the President of the International Solar Alliance (ISA) Assembly.
5th Assembly of ISA in New Delhi: Participate by
The Ministers, missions and delegates from 109 Member and Signatory Countries are set to participate in this 5th Assembly of International Solar Alliance meeting in New Delhi.
5th Assembly of International Solar Alliance: Key Highlights
The Fifth Assembly of the ISA will deliberate on the key initiatives of ISA on three critical issues of energy access, energy security, and energy transition.
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The World leaders from International Solar Alliance (ISA) Member Countries will also discuss the strategic plan of the ISA in Programmatic Support for LDC and SIDS Member Countries, Capacity Building support to all developing Member Countries, and Analytics & Advocacy support to all Member Countries.
Following the 5th General Assembly of ISA, three analytical reports will also be launched
- World Solar Technology Report
- World Solar Market Report
- World Solar Investment Report
About International Solar Alliance (ISA)
The International Solar Alliance (ISA) is an international organisation with 109 member and signatory countries. It works with governments to improve energy access and security worldwide and promote solar power as a sustainable way to transition to a carbon-neutral future.
ISA’s mission is to unlock US$ 1 trillion of investments in solar by 2030 while reducing the cost of the technology and its financing. It promotes the use of solar energy in the Agriculture, Health, Transport and Power Generation sectors.
ISA member countries are driving change by enacting policies and regulations, sharing best practices, agreeing on common standards, and mobilising investments. Through this work, ISA has identified and designed and tested new business models for solar projects; supported governments to make their energy legislation and policies solar-friendly through Ease of Doing Solar analytics and advisory; pooled demand for solar technology from different countries, and drove down costs; improved access to finance by reducing the risks and making the sector more attractive to private investment; increased access to solar training, data and insights for solar engineers and energy policymakers.
With the signing and ratification of the ISA Framework Agreement by 15 countries, on 6 December, 2017, ISA became the first international intergovernmental organization to be headquartered in India. 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).
Important facts for upcoming exams from the above Current Affairs Topic
- Formation of ISA: 30 November 2015 in Paris, France
- Purpose of ISA: Bring together a group of nations to endorse clean energy, sustainable environment, public transport and climate
- Headquarters of ISA: Gurugram, Haryana, India
- Members Countries in ISA: 87 Countries of UN
- Official language of ISA: Hindi, French, English
- Director General of ISA: Ajay Mathur
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