NEWS

The UN General Assembly has conferred Observer Status on the International Solar Alliance (ISA)

What it means : Would help provide for a well-defined cooperation between the alliance and the UN that would benefit global energy growth and development.

ABOUT ISA

• Alliance of more than 122 countries
• Initiated by India
• Most of them being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn
• Now extended to all members of UN.
• Established By The Paris Declaration
• Entered into force on December 6th, 2017
• Formally became a de-jure treaty based International Intergovernmental Organization
• Headquartered at Gurugram, India.
• Dedicated to the promotion of solar energy among its member countries.
• Objectives
  • Global deployment of over 1,000GW of solar generation capacity
  • Mobilisation of investment of over US$ 1000 billion into solar energy by 2030