The International Solar Alliance (ISA) is a joint initiative of France and India, launched during COP21 with the aim of making an unprecedented effort to promote solar energy.
The alliance is a treaty-based inter-governmental organization. Countries that do not fall within the Tropics can join the alliance and enjoy all benefits as other members, with the exception of voting rights.
Goal: The goal of the ISA is to set the ground rules, norms and standards for solar energy, in order to obtain a rapid and massive deployment in countries that are rich in solar resources but where the risks are still seen as high.
Function: The ISA is putting in place concrete tools, capacity-building measures and innovative financial instruments. It involves harmonization of public policies, regulations and prices between the countries, which reduces the uncertainties, strengthens the economic viability of solar projects and reassures the investors.
