The fourth general assembly of The International Solar Alliance (ISA), is to be held virtually between October 18-21, 2021, and will be presided over by R. K. Singh, Minister for Power, New and Renewable Energy, Government of India and the President of the ISA Assembly.

 

U.S. Special Presidential Envoy for Climate John Kerry will deliver the keynote address on October 20th, while the European Commission Executive Vice President for the European Green Deal, Frans Timmermans, will also address the gathering on October 20th. 

 

The ISA Secretariat has planned a series of technical sessions on various strategic initiatives of the ISA on October 18th, 2021, and technical sessions on various emergent issues in the solar and clean energy sector in partnership with partner and other organizations on October 20-21, 2021. 

 

The Fourth Assembly of the ISA will deliberate on the key initiatives around the operationalisation of the OSOWOG initiative, the $1 trillion Solar Investment Roadmap for 2030, and approval of a Blended Financial Risk Mitigation Facility. 

 

World leaders of ISA member countries will also discuss the strategic plan of the ISA for the next five years encompassing a Country Partnership Framework, Strategy for Private Sector Engagement, and initiatives such as Viability Gap Financing scheme to facilitate affordable finance for solar energy projects across ISA’s membership. The ISA will also discuss the partnership with Global Energy Alliance (GEA) to scale up technical and financial support to LDCs and SIDS.

 

With India’s Ministry of New and Renewable Energy, the World Bank and the ISA signing a tripartite agreement on OSOWOG, the initiative could be the world’s most important renewables catalyst. It can unlock unprecedented economies of scale in energy generation and transmission.