The 6th Assembly of the International Solar Alliance 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.
The ISA 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.
Union Minister for Power and New & Renewable Energy Raj Kumar Singh informed that the ISA has 124 signatories, out of which 94 have ratified and this is much bigger than other energy organizations like IEA. “ISA is international and intercontinental and it is growing. We believe it has a salient role to play in energy transition.”
Interacting with Embassy officials of the countries participating in the forthcoming 6th Assembly meeting. Speaking at a curtain raiser press conference in New Delhi, Minister said that the International Solar Alliance has a seminal role to play in energy transition given its focus on solar energy. “Our experience shows that among renewable sources, solar has the edge; it is much more dependable, reliable and available for more months of the year,” the Minister added.
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 and is partnering with multilateral development banks (MDBs), development financial institutions (DFIs), private and public sector organisations, civil society, and other international institutions to deploy cost-effective and transformational energy solutions powered by the sun, especially in the least Developed Countries (LDCs) and the Small Island Developing States (SIDS).