Illuminating Progress: Highlights of the 6th International Solar Alliance (ISA) Assembly

The 6th Assembly of the International Solar Alliance (ISA) recently convened in New Delhi, marking a pivotal moment in the global effort to combat climate change through solar energy deployment. This blog delves into the key highlights and decisions taken during this assembly, emphasizing the commitment of member countries to accelerate the transition towards sustainable and solar-powered solutions.

About ISA Assembly:

1. Decision-Making Body:
   • ISA Assembly serves as the apex decision-making body where member countries collectively shape crucial initiatives.
   • Focused on energy access, energy security, and facilitating the transition towards sustainable energy.
2. Viability Gap Funding (VGF) Cap:
   • Noteworthy decision to raise the VGF cap from 10% to 35% of the project cost.
   • Aims to support financially challenging projects, particularly in developing countries.
3. Inauguration of ISA-Funded Projects:
   • Several impactful solar projects were inaugurated during the assembly.
   • Projects include solarization of the parliament building in Malawi, solar-powered healthcare centers in Fiji, a solar-powered cold storage facility in Seychelles, and a solar PV rooftop system in Kiribati.
4. Role of Green Funds:
   • Emphasis on the crucial role of green funds, urging developed countries to fulfill their commitments made during COP21.
   • Acknowledged the importance of financial support for the successful implementation of solar initiatives.
5. Energy Access and Transition:
   • Recognition of the interdependence of energy access and transition.
   • Highlighted the need to address energy access as a foundational step for achieving a successful energy transition.

International Solar Alliance (ISA):

1. Origin and Concept:
   • Joint effort by India and France to combat climate change through solar energy solutions.
   • Conceptualized during COP21 in Paris in 2015.
2. Framework Agreement Amendment (2020):
   • Amendment opened ISA membership to all member states of the United Nations.
   • Presently, 116 countries are signatories, with 94 having ratified the ISA Framework Agreement.

Conclusion: The 6th ISA Assembly stands as a testament to the collective commitment of member countries in advancing solar energy solutions. With a focus on increased financial support, impactful projects, and addressing energy access, the assembly signifies a crucial step towards a sustainable and solar-powered future.