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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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