Nepal Joins the International Solar Alliance as the 101st Member
| Key Points | Details |
|---|---|
| Event | Nepal joins the International Solar Alliance (ISA) as the 101st full member. |
| Date of Ratification | 9th September 2023 |
| Location of Ratification | New Delhi, India |
| About ISA | A global intergovernmental organization focused on solar power adoption for a carbon-neutral future. |
| Launch Year | 2015 |
| Launch Context | Conceptualized during COP21 in Paris, as a joint initiative of India and France. |
| Eligibility Expansion | Since 2020, all UN member states are eligible to join the ISA. |
| Areas of Cooperation | - Analytics & Advocacy for solar-friendly policies- Ease of Doing Solar analytics and advice- Development of new business models for solar projects- Financial access enhancement and risk mitigation |
| Headquarters | Gurugram, India |
| Role of ISA | Collaborates with multilateral development banks, private and public sectors, civil society, and international institutions to implement cost-effective solar solutions, particularly in Least Developed Countries (LDCs) and Small Island Developing States (SIDS). |