5th Assembly of International Solar Alliance (ISA): Relevance for UPSC
GS 2 & GS 3: Important International Institutions
5th Assembly of International Solar Alliance (ISA): Why in news?
The 5th Assembly of International Solar Alliance (ISA) began on October 17 in New Delhi under India’s presidentship.
5th Assembly of International Solar Alliance (ISA): Know about the Assembly of International Solar Alliance (ISA)
- The Assembly is the apex decision-making body of the International Solar Alliance makes decisions concerning the implementation of the ISA’s Framework Agreement.
- The Assembly meets annually at the ministerial level at the ISA’s seat.
5th Assembly of International Solar Alliance (ISA): What is Paris Declaration on the International Solar Alliance?
- The launch of the International Solar Alliance (ISA) was announced by Shri Narendra Modi, the Hon’ble Prime Minister of India and Shri Francois Hollande, former Hon’ble President of France on 30th November 2015, at the 21st session of United Nations Climate Change Conference of the Parties (COP-21) in Paris, France.
- Former UN Secretary-General Ban Ki-moon attended the launch, alongside the Heads of about 120 nations who affirmed their participation in the Alliance to dedicate efforts for promotion of solar energy.
5th Assembly of International Solar Alliance (ISA): Focus area of this year’s Meeting of Assembly of International Solar Alliance (ISA)
- The key focus area of the 5th Assembly of International Solar Alliance (ISA) is streamlining the solar sector investments in countries where investments are not flowing at present.
- The assembly will also deliberate on creating a Risk Mitigation Facility for solar projects with a Payment Guarantee Mechanism.
- Participants from 109 countries will be sharing their experiences towards a low-carbon economy through the promotion of solar energy at the 4-day event.
5th Assembly of International Solar Alliance (ISA): What is One Sun One World One Grid initiative?
- The One Sun One World One Grid Declaration (OSOWOG) was jointly released by Prime Minister Narendra Modi and UK Prime Minister Boris Johnson at the COP26 Climate Meet in Glasgow.
- While the sun is the source of all energy and solar energy is totally clean and sustainable, it is available only during the day time and is dependent on the weather. OSOWOG is the solution to this challenge.
- Its objective is to aid in developing a worldwide grid through which clean energy can be transmitted anywhere, anytime (use power at night in one part of the world from solar energy generated on other side of the world where it is day time).
- It also aims to help in reducing storage needs and enhancing the viability of solar projects. Its ultimate goal is to reduce carbon footprints and energy costs.
5th Assembly of International Solar Alliance (ISA): What are solar mini-grids?
- A mini-grid is a set of small-scale electricity generators interconnected to a distribution network that supplies electricity to a small, localized group of customers.
- It usually operates independently from the national transmission grid.
- Renewable energy mini-grids, powered by solar, wind or hydro, are emerging as the superstars of energy access, particularly in rural areas, where they have become a viable option for providing reliable and high-quality electricity to rural populations and businesses.
5th Assembly of International Solar Alliance (ISA): What is ISA?
- The International Solar Alliance (ISA) is an action-oriented, member-driven, collaborative platform for increased deployment of solar energy technologies as a means for bringing energy access, ensuring energy security, and driving energy transition in its member countries.
- The ISA strives to develop and deploy cost-effective and transformational energy solutions powered by the sun to help member countries develop low-carbon growth trajectories, with particular focus on delivering impact in countries categorized as Least Developed Countries (LDCs) and the Small Island Developing States (SIDS).
- The ISA is guided by its ‘Towards 1000’ strategy which aims to mobilise USD 1,000 billion of investments in solar energy solutions by 2030, while delivering energy access to 1,000 million people using clean energy solutions and resulting in installation of 1,000 GW of solar energy capacity.
- This would help mitigate global solar emissions to the tune of 1,000 million tonnes of CO2 every year.
5th Assembly of International Solar Alliance (ISA): How ISA was conceived?
- The ISA was conceived as a joint effort by India and France to mobilize efforts against climate change through deployment of solar energy solutions.
- It was conceptualized on the sidelines of the 21st Conference of Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Paris in 2015.
- With the amendment of its Framework Agreement in 2020, all member states of the United Nations are now eligible to join the ISA.
- At present, 110 countries are signatories to the ISA Framework Agreement, of which 90 countries have submitted the necessary instruments of ratification to become full members of the ISA.