International Solar Alliance (ISA)
| Section | Details |
|---|---|
| Introduction | – The International Solar Alliance (ISA) is an intergovernmental organization aimed at promoting solar energy adoption globally. – Established in 2015 with the mission to ensure energy access, security, and sustainable development. |
| Objectives | – Promote Solar Energy Adoption: Increase the use of solar technologies for energy access and security. – Mobilize Investments: Reduce costs of solar technology by attracting investments. – Encourage Policy Support: Assist member countries in framing favorable policies. – Facilitate Knowledge Exchange: Share best practices and agree on common standards. |
| Members (as of Dec 2024) | – 120 member countries and signatories. – 102 countries have ratified the ISA Framework Agreement, granting them full membership. |
| Reports/Indices | – World Solar Market Report: Tracks market trends and growth in solar adoption globally. – World Solar Technology Report: Examines advancements, challenges, and trends in solar technologies. – Ease of Doing Solar Report: Highlights drivers of solar investment attractiveness in member countries. – World Solar Investment Report: Reviews investments in the solar value chain and innovative financial tools. – Global Trends in Solar Power: Provides insights into trends in ISA member countries to inform policy decisions. – Annual Report: Summarizes ISA’s annual activities, achievements, and financial statements. |
| Instruments | – Framework Agreement: Establishes ISA’s mission, objectives, and operational guidelines. – Partnership Agreements: Mobilize expertise and resources through collaborations. – Viability Gap Funding Mechanism: Makes solar projects more viable in underserved regions. |
| Structure | – Assembly: Apex decision-making body; includes representatives of member countries. – Standing Committee: Supports the Assembly in decision-making and implementing policies. – Regional Committees: Address region-specific solar challenges. – Secretariat: Responsible for day-to-day operations and implementation of ISA programs. |
| Subsidiary Organs | – Green Hydrogen Innovation Centre: Focuses on solar-energy-powered green hydrogen innovation. – SolarX Startup Challenge: Identifies and supports scalable, innovative solar solutions. |
| Committees | – Credentials Committee: Verifies the credentials of member representatives. – Program Committee: Oversees ISA’s programs and initiatives. – Finance Committee: Manages financial resources and budgeting. |
| Initiatives | – Green Grids Initiative – One Sun, One World, One Grid (GGI-OSOWOG): Aims to connect regional grids into a global grid for renewable energy sharing. – Solar Risk Mitigation Initiative: Assists in developing sustainable solar projects to attract private investments. – Affordable Finance at Scale: Facilitates large-scale solar energy financing. – SolarX Startup Challenge: Promotes innovative solar solutions. – STAR-C Initiative (Solar Technology Application Resource Centres): Enhances skills and capacity-building in developing economies. – Global Solar Facility: Focuses on funding solar projects in underserved regions, especially in Africa. – Green Hydrogen Innovation Centre: Promotes collaboration in solar-driven green hydrogen technologies. |
