International Solar Alliance Funding
26, Apr 2019
Prelims level : Mains level : GS 3: IR
Why in News?
- The International Solar Alliance, a global body for cooperation among solar resource-rich countries, will no longer be classified as a foreign source of funding for non-governmental organisations in India.
- The decision was taken as part of India’s efforts to assist and help achieve the goal of
increasing the use of solar energy.
- The United Nations, Intergovernmental Panel on Climate Change, International Labour Organisation, and International Monetary Fund are among 109 organisations exempted by India from foreign funding
- The funds received by NGOs and other entities from the ISA will not be governed by the FCRA.
- The International Solar Alliance (ISA) is an alliance of more than 122 countries initiated by India, most of them being sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. now extended to all members of UN. The primary objective of the alliance is to work for efficient exploitation of solar energy to reduce dependence on fossil
- The alliance is a treaty-based inter-governmental
- It is headquartered in Gurugram, India
- The focus is on solar power