ISA’s 6th Assembly to Focus on Mobilising Finance

ISA’s 6th Assembly to Focus on Mobilising Finance

The sixth session of the International Solar Alliance (ISA) will be held in New Delhi from October 30 - November 2, 2023. The ISA was launched jointly by India and France after COP21 in Paris in 2015.

At the event in Delhi, RK Singh, Minister of Power and New & Renewable Energy and the President of the ISA, said that the International Solar Alliance (ISA) has a seminal role to play in energy transition given its focus on solar energy. 

Missions and delegates from 116 Member and Signatory Countries of the ISA will participate, along with delegates from prospective countries, partner organizations, private sector and other stakeholders. 

The forthcoming Sixth Assembly of the ISA will deliberate on ISA initiatives that impact energy access, energy security and energy transitions, with a focus on:

• Universalisation of energy access through solar mini-grids

• Mobilising Finance for accelerated solar deployment

• Diversifying supply chains and manufacturing for solar

International Solar Alliance has a seminal role to play in energy transition given its focus on solar energy. 

The number of countries who have signed and ratified the International Solar Alliance Framework Agreement has doubled from 47 to 94 since the year 2018. Another 22 countries have signed and are in the process of ratifying the Agreement.

About International Solar Alliance

The International Solar Alliance is an international organisation with 109 member countries. 

It works with governments to improve energy access and security worldwide and promote solar power as a sustainable way to transition to a carbon-neutral future. 

ISA’s mission is to unlock US$ 1 trillion of investments in solar by 2030 while reducing the cost of the technology and its financing. It promotes the use of solar energy in the Agriculture, Health, Transport and Power Generation sectors. 

ISA was formed at the 21st Conference of Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Paris in 2015 

The alliance is also called International Agency for Solar Policy and Application (IASPA)

 


Share