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Nepal Joins International Solar Alliance as 101st Member

Nepal has become the 101st member of the International Solar Alliance (ISA), a global intergovernmental organization focused on solar power adoption.

Neal's Membership in the International Solar Alliance (ISA)

Nepal became the 101st member of the ISA on September 9, 2024
Nepal handed over its Instrument of Ratification to the ISA in New Delhi
The ratification was exchanged between:
- Nepal's Charge d'affairs, Dr. Surendra Thapa
- Joint Secretary (ED&MER) in India's External Affairs Ministry, Abhishek Singh
The Ministry of External Affairs of India announced this development on social media

Overview of the International Solar Alliance (ISA)

ISA is a global intergovernmental organization focused on solar power adoption
Launched as a collaborative initiative between India and France
Conceptualized during COP21 in Paris in 2015

Goals:

- Increased deployment of solar energy technologies
- Bringing energy access to member countries
- Ensuring energy security
- Driving energy transition
Focus on delivering impact in Least Developed Countries (LDCs) and Small Island Developing States (SIDS)
Headquarters located in Gurugram, India
Open to all UN member states since a 2020 amendment to its Framework Agreement

ISA's Key Areas of Cooperation and Activities

Analytics & Advocacy:

- Spreads awareness about solar energy
- Champions adoption of solar-friendly policies

Policy Support:

- Aids governments in creating solar-friendly energy policies
- Provides Ease of Doing Solar analytics and advice

Business Model Development:

- Develops, tests, and implements new business models for solar projects
- Aggregates demand for solar technology across nations

Financial Access Enhancement:

- Mitigates risks to attract private investments
- Collaborates with multilateral development banks (MDBs) and development financial institutions (DFIs)

Partnerships:

- Works with private and public sector organizations
- Engages with civil society and international institutions

ISA's Approach and Impact

Action-oriented, member-driven collaborative platform
Strives to develop cost-effective and transformational energy solutions
Aims to help member countries develop low-carbon growth trajectories
Focuses on delivering impact in LDCs and SIDS
Facilitates partnerships to deliver change in the global energy landscape

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Current Affairs-Date

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Current Affairs-Topics

Nepal Joins International Solar Alliance as 101st Member

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