Israel set to sign Global Solar Alliance agreement
India-Israel‘s strategic alliance will complete 30 years in January next year. In a big boost for this strategic partnership, Israel is set to sign India’s initiative on the Global Solar Alliance agreement today
India’s Foreign Minister S. Jaishankar landed in Israel earlier yesterday, ahead of his meetings on Monday with Prime Minister Naftali Bennett, President Isaac Herzog, Foreign Minister Yair Lapid, and Energy Minister Karine Elharrar.
S.Jaishankar’s visit to Israel focuses on joining Elharrar as she signs on to Israel’s accession to the International Solar Alliance (ISA).
He will also participate in Zoom call with Blinken, UAE’s Bin Zayed.
Prime Minister Narendra Modi and the former French president Francois Hollande had put forth the idea of the International Solar Alliance (ISA) in 2015. This is an alliance of 124 countries, most of them being the sunshine countries, which lie either completely or partly between the Tropic of Cancer and theTropic of Capricorn.
The primary objective of the alliance is to work for efficient consumption of solar energy to reduce dependence on fossil fuels. India has pledged a target of installing 175 GW of renewable energy of which 100 GW will be solar energy by 2022 and a reduction in emission intensity by 33–35% by 2030 to let solar energy reach the most unconnected villages and communities and also towards creating a clean planet. India’s pledge to the Paris summit offered to bring 40% of its electricity generation capacity (not actual production) from non-fossil sources (renewable, large hydro, and nuclear) by 2030.
To date, around 80 countries have signed and ratified the Framework Agreement of the ISA. With ratifications by 15 countries, the ISA will become a treaty-based inter-governmental international organization and it will be recognized by the UN legally to become fully functional.
Earlier, the former Prime Minister of Israel, Benjamin Netanyahu said that his country is India’s partner in its quest for a future with low carbon and pollution levels, and exuded confidence that solar energy would constitute over 25 percent of his country’s energy supply by 2030.
While addressing the India-led digital conference on International Solar Alliance, Netanyahu said, “We want a future with less carbon and less pollution, a future based on green energy and that’s why I welcome this vital initiative by Prime Minister (Narendra) Modi and I want to assure you that Israel is your partner in this quest.”
PGurus is now on Telegram. Click here to join our channel and stay updated with all the latest news and views
For all the latest updates, download PGurus App.
- Maharashtra to vote on November 20, Jharkhand on November 13 and 20; results on Nov 23 - October 15, 2024
- China’s top private firms cut 300,000 jobs despite revenue growth in 2023: Report - October 15, 2024
- Maharashtra Govt introduces Ordinance to amend Stamp Duty Act, aims to generate additional Rs.2,000 crore annually - October 15, 2024