Framework Agreement On International Solar Alliance

The following countries are the potential members of this alliance who have signed the framework. Countries marked with a plus have also ratified the framework. [18] Afghanistan, Bahrain, Belarus, Belgium, Belize, Bhutan, Botswana, Brunei Darussalam, Bulgaria, Cameroon, Congo, Denmark, El Salvador, Grenada, Guatemala, Haiti, Ireland, Jamaica, Liberia, Luxembourg, Maldives, Myanmar, Oman, Paraguay, Philippines, Romania, St. Lucia, St. Vincent and the Grenadines, Samoa, Trinidad and Tobago are the youngest members of this alliance. In order to ensure the universalization of Membership of the ISA beyond the tropics, the Alliance`s first General Assembly, held on 3 October 2018, adopted the amendment of the framework agreement on its creation extending the scope of membership to all UN Member States. It is also seen as an alliance of developing countries to create a single front and conduct research and development activities for the production of solar installations in developing countries. [22] The inclusion of UN member countries in the Alliance will put solar energy on the global agenda, the ambassador said, adding that growing membership would lead to the initiative that will benefit the world as a whole. Apart from that, there are 56 other members, for a total of 122 members within the Alliance. Recently, Eritrea, Luxembourg, Saint Kitts join the International Solar Alliance, membership rises to 84 At the World Future Energy Summit (WFES) in Abu Dhabi in January 2018, the Government of India announced the creation of a $350 million solar fund to enable the financing of solar projects. Riccardo Puliti, Senior Director and Director of the World Bank`s Global Practice Energy – Extractives, said: “The World Bank has seen its customers become interested in solar energy due to the dramatic reduction in costs in recent years.

We hope that the Global Solar Atlas will help influence the critical planning and investment decisions that will need to be made over the next decade to move to more sustainable forms of energy. Piyush Goyal, India`s power minister, said: “This new tool will help governments and investors get an initial indication of the potential of solar resources before conducting their own more detailed analysis.¬†For India, possible additional benefits of the alliance may be to strengthen ties with major African countries and strengthen India`s goodwill among them. [14] [15] ? The goal of ISA is to bring together countries to respond together to the main common obstacles to the massive use of solar energy in terms of technology, financing and capacity.