In news
The United States of America becomes the 101st member country of the International Solar Alliance.
Details
- This move will strengthen the ISA and propel future action on providing a clean source of energy to the world.
- The framework emphasizes delivering global relevance and local benefit to all countries through collaborations, with ISA’s key interventions focusing on readiness & enabling activities, risk mitigation & innovative financing instruments to facilitate the promotion and deployment of solar technologies in target markets.
- The approach detailed in this framework will culminate in a vision for interconnected global grids, which was formalized and jointly launched as the ‘Green Grids Initiative – One Sun One World One Grid’
About The International Solar Alliance
- The ISA is an inter-governmental treaty-based international organization with a global mandate to catalyze global solar growth by helping to reduce the cost of financing and technology for solar.
- In fulfilling this mandate, the ISA is committed to establishing solar as a shared solution that simultaneously addresses climate, energy, and economic priorities across geographies, facilitating Energy Transition at a global level, Energy Security at national levels, while also ensuring Energy Access at the local level.
- The ISA is helping large nations scale global commitments, thereby serving the planet’s needs for reduced carbon emissions, while also helping economically more vulnerable nations establish a self-sustaining energy alternative that reduces trade dependency and drives job creation.
- Universal, affordable, and reliable last- mile electricity connectivity across socio-economic strata is a crucial pillar and targeted, tangible outcome of these combined efforts towards facilitating economic development and environmental impact.
Source: PIB
