World Leaders to Address 4th ISA General Assembly from October 18th to 21st

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

October 18, 2021. By Manu Tayal

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

Also, 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 the same day.

On October 18th, the Secretary of State for Business, Energy and Industrial Strategy of United Kingdom, Rt Hon Kwasi Kwarteng and the World Bank, Vice - President for Infrastructure, Riccardo Puliti, are likely to deliver an address on the One Sun, One World, One Grid (OSOWOG) initiative, which was announced by Prime Minister Modi in 2018. Other dignitaries present at the assembly will include Emmanel Lenain, Ambassador of France to India; Barbara Pompili, Minister of Ecological Transition, Government of France, Co-President of the ISA Assembly among others.

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.
 
Commenting on the development, Dr. Ajay Mathur, Director General, ISA said, “Having laid the groundwork with multilateral support and multi-stakeholder partnerships, the ISA is now stepping into its next phase of its mission, driven primarily by the implementation of its framework for global solarisation, scaling and expanding the impact of its interventions across nations, and growing and actualising its existing pipeline for solar projects. We are working towards mobilising USD 1 trillion of investment for a massive deployment of solar energy technologies and for expanding solar markets. This would help achieve three different but interlinked objectives: promoting a clean energy transition; enabling energy access and energy security, and delivering a new economic driver for all countries.”
 
Meanwhile, a detailed report on OSOWOG is expected to be discussed at the Assembly.
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