USA joins International Solar Alliance

Context

  • Recently, USA joins International Solar Alliance and become the 101st member country.

Key Details

  • The US becomes the 101st country to sign the framework agreement of the ISA to catalyse global energy transition through a solar-led approach, according to the statement.  USA joins International Solar Alliance
  • This will be an important contribution to the more rapid deployment of solar globally and it will be particularly important for developing countries.
  • This move will strengthen the ISA and propel future action on providing a clean source of energy to the world.
  • It demonstrates that nations across the world are recognising the economic and climate mitigating value of solar, as well as this energy source’s potential as a catalyst for global energy transition.

Back to Basics

About International Solar Alliance (ISA)

  • The launch of the International Solar Alliance (ISA) was announced by India and France, in November 2015 at the 21st session of United Nations Climate Change Conference of the Parties (COP-21) in Paris, France.
  • The framework was first circulated for the support of countries in 2016.
  • It emphasises delivering global relevance and local benefit to all countries through collaborations, with the ISA’s key interventions focusing on readiness and enabling activities, risk mitigation and innovative financing instruments to facilitate the promotion and deployment of solar technologies in target markets.
  • The approach and methods detailed in the framework have already delivered results, with ISA building a solar project pipeline of nearly 5-gigawatt installed capacity.
  • The approach detailed in this framework will culminate in a vision for interconnected global grids, which was formalised and jointly launched as the ‘Green Grids Initiative: One Sun One World One Grid’ during the World Leaders Summit of the COP26 in Glasgow on November 2.
  • Earlier at COP26, the United States also joined the Steering Committee of the GGI-OSOWOG comprising five members US, Australia, France, UK, and India and endorsed the One Sun Declaration along with 80 countries.

Source; IE

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