ISA to become a treaty-based international intergovernmental organization
Post date: 05/12/2017 - 19:26
In terms of its Framework Agreement, with ratification by Guinea as the 15th country, the International Solar Alliance (ISA) will become a treaty-based international intergovernmental organization on December 6, 2017. The ISA, headquartered in India, has its Secretariat located in the campus of National Institute of Solar Energy, Gwalpahari, Gurgaon, Haryana. ISA Interim Secretariat has been operational as a de-facto organization since January 2016.
So far, three programmes have been launched: Scaling Solar Applications for Agriculture Use, Affordable Finance at Scale, and Scaling Solar Mini-grids. In addition, ISA has initiated plans to launch two more programmes: Scaling Solar Rooftops and Scaling Solar E-mobility and Storage.
The ISA is an Indian initiative, jointly launched by the Prime Minister of India, Shri Narendra Modi and the President of France in November 2015 in Paris, on the sidelines of COP-21, the UN Climate Conference. It aims at addressing obstacles to deployment at scale of solar energy through better harmonization and aggregation of demand from solar rich countries lying fully or partially between the Tropic of Cancer and Tropic of Capricorn. As of date, 46 countries have signed and 19 countries have ratified the Framework Agreement of ISA. ISA targets to mobilize more than $1,000 billion in investments that will be required by 2030.