The grant for the Solar Power Development Project was signed by ADB Director General for the Pacific Ms. Carmela Locsin and Nauru's Minister of Finance and ADB Governor Mr. Martin Hunt at a ceremony in ADB's headquarters in Manila. The Government of Nauru will contribute $4.98 million towards the initiative.
The launch of the International Solar Alliance (ISA) was announced by H.E. Mr. Narendra Modi, the Hon’ble Prime Minister of India and H.E. Mr. Francois Hollande, former Hon’ble President of France on 30th November 2015, at the 21st session of United Nations Climate Change Conference of the Parties (COP-21) in Paris, France. Former UN Secretary-General Ban Ki-moon attended the launch, alongside the Heads of about 120 nations who affirmed their participation in the Alliance to dedicate efforts for promotion of solar energy.
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The membership of the Standing Committee was notified on 24th April 2019 except for Europe and Others region due to insufficient number of members in the region. Since then, new members have joined the Europe and Others region and subsequently, the region has nominated the Vice President from the region.
The International Solar Alliance is an international organisation with 66 member countries. We work with governments to improve energy access and security around the world and promote solar power as a sustainable way to transition to a carbon neutral future. Our mission is to unlock US$ 1 trillion of investment in solar by 2030 while reducing the cost of the technology and its financing.
"Sharing of solar energy development experiences, analysis on short- and longer-term issues in key energy supply, financing practices, business models particularly for decentralized applications and off-grid applications, including creation of local platforms focusing on implementation solutions and grass root participation.
