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International Solar Alliance - India
February 26 , 2018
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- India will host the first International Solar Alliance (ISA) Summit on March 11, 2018 in New Delhi.
- The International Solar Alliance aims to launch 121 projects during the summit which will be signed in two phases - with 50 on March 11 and another 71 on April 20.
- During the summit, two new programmes will be inaugurated. These programmes will be on- Scaling Solar E-Mobility and Storage, and Rooftop Solar.
ISA
- The ISA is an Indian initiative, jointly launched by the Prime Minister of India and the president of France on November 2015 in Paris, on the side-lines of COP-21, the UN climate conference.
- The International Solar Alliance is alliance 121 countries, most of them being sunshine countries, which come either completely or partly between the Tropic of Cancer and the Tropic of Capricorn.
- The primary objective is to collectively work for efficient exploitation of solar energy to reduce dependence on fossil-based fuels.
- The Headquarters is in India with its Interim Secretariat being setup in Gurgaon.
- The agreement will become operational after at least 15 countries have ratified it.
- It is also expected to mobilise $1 trillion for funding solar energy projects by 2030.
- The institutional structure of ISA consists of an Assembly, a Council and a Secretariat.
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