The United States of America (USA) has joined the International Solar Alliance (ISA) as a member country. U.S is now the 101st country to sign the framework agreement of the ISA. The framework agreement was formally signed by John Kerry, the U.S. Special Presidential Envoy for Climate, at the COP26 climate summit in Glasgow. It demonstrates that nations across the world are recognising the economic and climate mitigating value of solar, as well as this energy source’s potential as a catalyst for the global energy transition.
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About the ISA’s framework:
The ISA’s framework, which was first circulated in 2016 to obtain backing from other countries, emphasises on delivering local benefits to all countries through collaborations. The ISA’s key interventions focus on enabling activities, risk mitigation and innovative financing instruments to facilitate the deployment of solar technologies. Earlier at COP26, the US joined the steering committee of the “One Sun One World One Grid” initiative that includes Australia, France, the UK and India.
Important takeaways for all competitive exams:
- ISA Headquarters: Gurugram;
- ISA Founded: 30 November 2015;
- ISA Founded: Paris, France;
- ISA Director-General: Ajay Mathur.