GS Paper - 3 (Energy)

India and the UK are set to enhance their International Solar Alliance (ISA) partnership with the launch of a new Green Grids Initiative connecting different parts of the world at the United Nations (UN) COP26 climate summit in Glasgow. The new Global Green Grids InitiativeOne Sun One World One Grid (GGI-OSOWOG) is an evolution of ISA's OSOWOG multilateral drive to foster interconnected solar energy infrastructure at a global scale.

What

  1. The new Green Grids Initiative, to be launched at COP26 on 2 November 2021, will mark a merging of flagship interconnection initiatives from India and the UK as part of their bilateral cooperation.
  2. This initiative will bring together an international coalition of national governments, financial organisations, and power system operators to accelerate the construction of new infrastructure.
  3. India-led ISA, an inter-governmental treaty-based international organisation with a global mandate to catalyse global solar growth by helping to reduce the cost of financing and technology for solar, is designed to establish solar energy as a shared solution that simultaneously addresses climate, energy, and economic priorities across geographies.
  4. ISA, headed by Director General Dr Ajay Mathur and with 98 countries supporting its framework, is aimed at facilitating energy transition at a global level, energy security at national levels, while also ensuring energy access at the local level.
  5. The alliance said it is working with development banks to bring the benefits of solar across the world.
  6. The ISA is an observer to the United Nations Framework Convention on Climate Change (UNFCCC) and has been an active participant at Conference of Parties (COPs).