New Delhi: Minister for Energy, Water Resources, and Irrigation Deepak Khadka participated in the 7th International Solar Alliance (ISA) that kicked off last Sunday in New Delhi, India. Minister Khadka led a delegation to the four-day assembly, which includes senior energy expert Prabal Adhikari, Director General at the Electricity Development Department Navin Raj Singh, and Minister Khadka’s financial advisor Amit Shrestha.
According to National News Agency Nepal, the International Solar Alliance was declared during the 21st session of the COP-21 held in Paris, France in 2015. During this session, Heads of States from 120 countries pledged their active participation in the alliance to promote solar energy. Director General Singh stated that the participants will discuss ways to increase solar energy access, ensure energy security, and steer energy development during the event.
The event aims to mobilize more than 1,000 USD billion of investment in ISA member countries for the widespread use of solar energy
by 2030. This climate fund is expected to assist Nepal in realizing its goal of reducing carbon emissions to net zero by 2045. It was shared that the assembly, under the presidency of India and co-presidency of France, will also elect a new executive committee.