SECOND ASSEMBLY OF ISA
What’s in news?
The Ministry of New and Renewable Energy is hosting the second Assembly of International Solar Alliance (ISA) on 30 and 31 October 2019 in New Delhi.
- On 30 October 2019 – On this day, there about a discussion on the coordination and consultation meetings on different aspects of ISA programmes and initiatives.
- On 31 October 2019 – On this day, the Assembly of ISA would meet.
- President of the Assembly: Shri R.K. Singh (Minister for New and Renewable Energy and Power)
- Co-President of the Assembly: Brune Poirson (Minister of State for the Ecological and Inclusive Transition Govt. of France). Mr.Poirson, who is on a three-day visit to India.
- Participants: Ministers and about 400 delegates from member States, Observer States, ISA Partners, and other invitees.
- The meeting is also aimed to prepare the COP25 Climate Change and the COP15 Biodiversity conferences.
- The Assembly is the supreme decision-making body of the ISA which gives direction on various administrative, financial and programme related issues.
First Assembly of ISA:
- The first Assembly was conducted in the month of October 2018.
- The meeting was attended by 78 countries of total members.
- They recognized that ISA has major role in achieving SDG (Sustainable Development Goal) and to accelerate the deployment of solar energy worldwide for achieving universal energy access at affordable rates.
- During the first Assembly of the ISA, an Indian resolution to extend the Membership of the organisation to the members of the United Nations was adopted.
International Solar Alliance (ISA):
- It was first proposed by Indian PM Narendra Modi in a speech in November 2015 and was launched at the India Africa Summit.
- Headquarters: Gurugram, Haryana.
- The alliance (International Agency for Solar Policy and Application (IASPA)) is a treaty-based inter-governmental organization.
- Members: 121 member countries lie between the Tropic of Cancer and Tropic of Capricorn is called the tropical (torrid) zone.
- Among them, 81 countries have signed the Framework Agreement of the ISA. OF these, 58 have ratified the agreement.
- Objective: By focusing on solar power utilization creating a solution and an alternative resource for the climate change and to switch to a low-carbon growth path.
- India’s target: Installing 100GW by 2022 and reduction in emission intensity by 33–35% by 2030.
Data to know:
To enable financing of solar projects India announced the establishment of a $350 million as a solar development fund at the World Future Energy Summit (WFES) held in Abu Dhabi in January 2018.
Links to note: