NEW DELHI: The International Solar Alliance is an international organisation with 110 member and signatory 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.
The ISA’s mission is to unlock $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 agriculture, health, transport and power-generation sectors. ISA member countries are driving change by enacting policies and regulations, sharing best practices, agreeing on common standards, and mobilising investments.
Through this work, ISA has identified, designed and tested new business models for solar projects, supported governments to make their energy legislation and policies solar-friendly through Ease of Doing Solar analytics and advisory, pooled demand for solar technology from different countries; and drove down costs, improved access to finance by reducing the risks and making the sector more attractive to private investment, increased access to solar training, data and insights for solar engineers and energy policymakers.
With the signing and ratification of the ISA framework agreement by 15 countries on December 6, 2017, ISA became the first international intergovernmental organisation to be headquartered in India.
It is partnering with multilateral development banks, development financial institutions, private and public sector organisations, civil society, and other international institutions to deploy cost-effective and transformational solutions through solar energy, especially in the least developed countries (LDCs) and the small island developing states (SIDS). The Assembly is the apex decision-making body of ISA, in which each member country is represented. This body makes decisions concerning the implementation of the ISA’s framework agreement and coordinated actions to be taken to achieve its objective. The Assembly meets annually at the ministerial level at the ISA’s seat.
