International Current Affairs

First General Assembly of International Solar Alliance to be held on 2 October in Delhi

The inaugural General Assembly of International Solar Alliance (ISA) will be inaugurated on 2 October 2018 in New Delhi. It will be followed by ministerial level assembly of ISA following day which will be will be held in Greater Noida.

International Solar Alliance (ISA)

ISA was jointly launched by India and France in November 2015 at Paris on side lines of COP21 UN Climate Change Conference. Its Framework Agreement came into force in December 2017. It celebrated its founding day on 11th March, 2018. Its founding conference was held on 11 March 2018 in New Delhi.

ISA is action-oriented organization that aims brings together countries with rich solar potential to aggregate global demand, thereby reducing prices through bulk purchase, facilitating deployment of existing solar technologies at scale and promoting collaborative solar R&D and capacity building. It also aims at contributing to implementation of Paris Climate Agreement 2015 through the rapid and massive deployment of solar energy.

ISA is first international intergovernmental treaty based organization to be headquartered in India. It is headquartered at campus of National Institute of Solar Energy (NISE), Gurugram, Harayana. Till date, 47 countries have signed and 19 countries have ratified Framework Agreement of ISA. United Nations is Strategic Partner of ISA.

Objectives of ISA

  • Undertake joint efforts required to reduce the cost of finance and the cost of technology;
  • Mobilize around US $1000 billion of investments needed by 2030 for massive deployment of solar energy;
  • Pave way for future technologies adapted to needs of solar rich 121 countries lying fully or partially between Tropic of Cancer and Capricon.

ISA’s 4 ongoing programmes

  • Scaling Solar Mini Grids;
  • Affordable Finance at Scale.
  • Scaling Solar Applications for Agricultural Use.
  • Scaling Solar Rooftop catering to the needs of solar energy in specific areas.

Month: Categories: International Current Affairs 2018

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India contributes 1 million to UN Solar Project

India has contributed $1 million to United Nations (UN) Headquarters’ Solar Project, under which solar panels will be installed on roof of world body’s headquarters at New York, US. This contribution makes India first responder to UN Secretary-General Antonio Guterres’ call for climate action. The contribution will help reduce carbon footprint and promote sustainable energy.

Background

In June 2018, during session on World Environment Day (observed on 5 June), India had intended to partner with UN Secretariat to use renewable solar energy at UN premises. It had expressed hope that by next World Environment Day, solar energy will be part of energy mix used in UN Headquartered building.

Month: Categories: Environment Current Affairs 2018

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