International Solar Alliance set to get become legal entity | Daily Current Affairs 2021

International Solar Alliance set to get become legal entity

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The International Solar Alliance (ISA), jointly launched by Indian Prime Minister Narendra Modi and then French President Francois Hollande on the first day of COP21 UN Climate Change Conference in 2015, is set to become a legal entity next month, an Indian official said here on Tuesday. As of date, 44 out of 121 countries have signed the ISA Framework Agreement.
Sixteen nations have submitted the formal Instrument for Ratification. They include Bangladesh, Fiji, France, Ghana, Guinea, India, Mauritius, Seychelles, Somalia and South Sudan.

“The ISA is going to a legal entity on December 6,” Anand Kumar, Secretary in India’s Ministry of New and Renewable Energy.
He’s part of the Indian delegation to carry forward the negotiations at the ongoing UN Climate Change Conference (COP-23) in this German city.
ISA is the first international intergovernmental treaty-based organisation headquartered in India. Earlier this month, the ISA and the European Bank for Reconstruction and Development signed the Joint Financial Partnership Declaration in New Delhi to deepen the cooperation to promote renewables.

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