ISA-EU Sign Agreement to Promote Solar Energy

ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy.

ISA

India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the United Nations Framework Convention on Climate Change.

ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy.

Realizing the fact that fulfilling the United Nations Sustainable Development Goals on energy (SDG7) will require mobilization of financial support, the agreement states that the countries will jointly provide $1 trillion to provide 1000 GW of affordable solar energy by 2030.

With the agreement, ISA member countries will have access to EU’s knowledge on solar projects  and the ISA and EU will facilitate innovation in solar electricity.

“Joining efforts with the International Solar Alliance will reinforce the EU’s position as a global leader in the clean energy transition. It will help us fulfill our reduction of greenhouse gas emissions objectives and implement the Paris Agreement.” said EU commissioner Miguel Arias Canete.

She further added that, “EU has always been a strong supporter of the alliance since its creation at the COP 21 in Paris in 2015. It has the potential to help many countries fulfill their Paris Agreement commitments and also provides vital elements for achieving the sustainable development goals,”

“The Sides intend to cooperate by elaborating an action-oriented two-year rolling programme and holding annual meetings at senior official level of administration with representatives of the European Commission and ISA Secretariat,” the joint declaration mentioned.

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