International Solar Alliance (ISA) / isa.int/
India has reaffirmed its commitment and will continue to work with the International Solar Alliance (ISA), as per government sources on Jan. 8, despite the United States recent announcement of withdrawal from the alliance.
ISA, A 125-member alliance, was conceptualised on the sidelines of COP21 in Paris in 2015 and was formally instituted by Prime Minister Narendra Modi and President of France Francois Hollande.
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ISA aspires to unlock $1 trillion in solar investments by 2030, while decreasing technology and financing costs relating to solar implementation.
India will continue its collaboration with ISA member countries, mainly focusing on supporting least developed countries and small island developing states, in the development and deployment of solar energy, mobilising finance, building capacity, and reducing risk perceptions, according to government sources.
The recent decision of withdrawal by U.S. President Donald Trump has raised concerns about the future of global climate initiatives.
In an executive order signed on January 7, the U.S. announced its withdrawal from 66 international organizations, including the ISA, mentioning that this decision is made to end American taxpayer funding and involvement in entities that advance globalist agendas over the nation’s priorities.
U.S. further stated that its taxpayer resources are best allocated in other ways to support the relevant missions.
India currently holds the presidency of the ISA with France as the co-chair.
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