International Solar Alliance and UN Framework Convention on Climate Change signed MOU at COP26

It will lend support to developing country stakeholders which include Small Island Nations (SIDs) and Least Developed Countries (LDCs), in the adoption of policy options and approaches for decarbonization technologies.

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International Solar Alliance and UN Framework Convention on Climate Change signed MOU at COP26

On 12 November, the India-led International Solar Alliance and the UNFCCC signed a memorandum of understanding at the COP26 in Glasgow, agreed to implement ambitious national climate action in accordance with global efforts by collaboration and support.

The MoU was signed by ISA Director-General Dr. Ajay Mathur and UNFCCC Deputy Executive Secretary Ovais Sarmad which involves two institutions to work jointly and organize a set of activities to facilitate the implementation of mitigation action in the energy sector and Nationally Determined Contributions (NDCs) and Long-term Low Emission Development Strategies.

Also Read: Climate experts came together at COP26 to support India on “phase down” of coal

It will lend support to developing country stakeholders which include Small Island Nations (SIDs) and Least Developed Countries (LDCs), in the adoption of policy options and approaches for decarbonization technologies.

Dr. Mathur said, to act against climate change and achieve Nationally Determined Contributions relating to emission reduction before the target date can be made possible by deploying solar and clean energy. The UNFCCC has led from the front this climate challenge, and we are happy to partner, collaborate and endeavour to bring long-term, cost-effective and impactful solutions.

The ISA is an inter-governmental treaty-based international organization with a global mandate to catalyze global solar growth by helping to reduce the cost of financing and technology for solar. The alliance is committed to establishing solar as a shared solution that simultaneously addresses climate, energy, and economic priorities across geographies, facilitating Energy Transition at a global level, Energy Security at national levels, while also ensuring Energy Access at the local level.

The ISA helps large nations scale global commitments, hence serving the planet’s needs for reduced carbon emissions, while also helping economically more vulnerable nations establish a self-sustaining energy alternative that reduces trade dependency and drives job creation.

US joined the alliance as its 101st member country when US Special Presidential Envoy for Climate John Kerry signed the ISA framework agreement to catalyze global energy transition through a solar-led approach on the last week of the Glasgow summit.

Prime Minister Narendra Modi and Francois Hollande, former President of France, announced the launch of the International Solar Alliance on November 2015 at the 21st session of the United Nations Climate Change Conference of the Parties (COP-21) in Paris, France.

Source: Business Standard, PTI

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International Solar Alliance and UN Framework Convention on Climate Change signed MOU at COP26
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It will lend support to developing country stakeholders which include Small Island Nations (SIDs) and Least Developed Countries (LDCs), in the adoption of policy options and approaches for decarbonization technologies.
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THE POLICY TIMES
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