Moldova signed International Solar Alliance (ISA) Framework Agreement (FA) + Banking_SBI_PO?.ToString()?? Banking_SBI_PO?.ToString()+" Current Affairs";

Why in the news?
Moldova has officially joined the International Solar Alliance (ISA), signaling its commitment to renewable energy and sustainability. The ISA Framework Agreement was signed in New Delhi by India’s External Affairs Minister S. Jaishankar and Moldovan Deputy Prime Minister Mihai Popșoi. Moldova’s inclusion comes after Armenia became the 104th full member last month, marking the continued global expansion of the ISA.
Key Points:
International Solar Alliance (ISA) Framework Agreement (FA) entered into force in 2017. With amendment of its FA in 2020, all member states of UN are now eligible to join ISA.
7th Session of ISA:
The 7th Session of the International Solar Alliance (ISA), which was held in New Delhi from November 3 to 6, 2024, focused on accelerating solar energy deployment across its Member Countries, particularly in regions with limited energy access. During this session, several significant initiatives, programs, and funding schemes aimed at supporting solar energy projects and fostering global cooperation were presented and discussed.
About International Solar Alliance (ISA):
HQ: Gurugram, India
Genesis: Conceptualized on sidelines of COP21 in Paris in 2015.
Aim: Collaborative initiative between India and France aimed at uniting efforts to combat climate change by implementing solar energy solutions.
Mission: ISA is guided by ‘Towards 1000’ strategy, aiming to:
Mobilize USD 1,000 billion of investments in solar energy by 2030.
Delivering Energy access to 1,000 million people.
1,000 GW of solar energy installation.
ISA Assembly: Apex decision-making body. It plays a key role in shaping and overseeing implementation of ISA's Framework Agreement.
Membership: 105 Member countries and 16 signatories’ countries.
Objective:
The focus is on solar power utilization. The launching of such an alliance in Paris also sends a strong signal to the global communities about the sincerity of the developing nations towards their concern about climate change and to switch to a low-carbon growth path. India has pledged a target of installing 175 GW of renewable energy of which 100 GW will be solar energy by 2022 and reduction in emission intensity by 33–35% by 2030 to let solar energy reach to the most unconnected villages and communities and also towards creating a clean planet.