KATHMANDU: The government endorsed the agreement on the establishment of the International Solar Alliance (ISA) on Thursday.
The agreement, presented by Minister of Energy, Water Resources, and Irrigation Shakti Bahadur Basnet, was passed by the House of Representatives (HoR).
Addressing queries raised by lawmakers about the establishment of the ISA, Minister Basnet stated that it would guide the development of the energy sector and minimize the effects of climate change.
He clarified that the government prioritized national benefits and that this establishment would not add any financial liability to the country.
The International Solar Alliance (ISA) is an action-oriented, member-driven, collaborative platform for the increased deployment of solar energy technologies.
Its goals are to enhance energy access, ensure energy security, and drive energy transition in member countries.
The ISA was conceived as a joint effort by India and France to mobilize efforts against climate change through solar energy solutions.
It was conceptualized on the sidelines of the 21st Conference of Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Paris in 2015.
With the amendment of its Framework Agreement in 2020, all member states of the United Nations are now eligible to join the ISA.
Currently, 119 countries are signatories to the ISA Framework Agreement, with 98 having submitted the necessary instruments of ratification to become full members of the ISA.
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