Banner
WorkflowNavbar

India and France Elected as President and Co-President of International Solar Alliance for 2024-2026

India and France Elected as President and Co-President of International Solar Alliance for 2024-2026
Contact Counsellor

India and France Elected as President and Co-President of International Solar Alliance for 2024-2026

Summary/StaticDetails
EventIndia and France elected as President and Co-President of ISA for 2024-2026 term.
Venue7th Session of ISA Assembly at Bharat Mandapam, New Delhi.
Dates3rd to 6th November, 2024.
Key Figures* ISA President: India (sole candidate). * Co-President: France (won against Grenada). * Director General-Designate: Ashish Khanna (to assume office in March 2025).
Regional Vice Presidents and Vice Chairs* Africa: Ghana, Seychelles (Vice Presidents); South Sudan, Comoros (Vice Chairs). * Asia and the Pacific: Australia, Sri Lanka (Vice Presidents); UAE, Papua New Guinea (Vice Chairs). * Europe and Others: Germany, Italy (Vice Presidents); Greece, Norway (Vice Chairs). * Latin America and Caribbean: Grenada, Suriname (Vice Presidents); Jamaica, Haiti (Vice Chairs.
ISA's Mission and Investment GoalsMobilize over USD 1,000 billion by 2030 for large-scale solar energy deployment. Objectives include scaling up solar energy, reducing costs, and promoting innovation.
ISA's Role in Green Energy TransitionPromotes renewable energy to reduce dependence on fossil fuels and advance global climate mitigation efforts.
ISA Demonstration Projects (Initiated in 2020)Targeted at Least Developed Countries (LDCs) and Small Island Developing States (SIDS). Beneficiaries include Bhutan, Burkina Faso, Cambodia, Cuba, Djibouti, Ethiopia, Mauritius, Samoa, Senegal, The Gambia, and Tonga.
Viability Gap Funding (VGF) SchemeProposes funding support between 10% and 35% of solar project costs for LDCs and SIDS.
India's "Panchamrit" Pledge at COP26 (2021)Key Commitments: * Achieve 500 GW non-fossil fuel capacity by 2030. * Generate 50% energy from renewables by 2030. * Reduce emissions by 1 billion tonnes by 2030. * Decrease emissions intensity of GDP by 45% by 2030. * Achieve net-zero emissions by 2070.
ISA BackgroundEstablished in November 2015 by India's PM Modi and France's President Hollande.

Categories