New Delhi May 22 (IANS) Four more African nations joined the India-initiated International Solar Alliance (ISA) on Monday while another country is expected to join on Tuesday the External Affairs Ministry has said.
While Djibouti Cote d Ivoire Somalia and Ghana signed the ISA framework agreement the island nation of Comoros is expected to sign and submit its ratification instrument on Tuesday.
The Pacific island nation of Nauru also submitted its instrument of ratification at an ISA event held on the sidelines of the African Development Bank (AfDB) annual meeting in Gandhinagar. This is the first time that India is hosting the AfDB annual meeting after New Delhi hosted the India-Africa Forum Summit in October 2015.
Finance Minister Arun Jaitley was present at Monday s signing and ratification ceremony organised by the Ministry.
The ISA launched at the UN Conference of Parties (CoP) climate summit in Paris on November 30 2015 by Prime Minister Narendra Modi and then French President Francois Hollande is conceived as a coalition of solar resource-rich countries to address their special energy needs and provide a platform to collaborate on dealing with the identified gaps through a common agreed approach.
The International Steering Committee (ISC) of the ISA open to all 121 prospective member countries falling between the Tropics of Cancer and Capricorn held its meetings in Paris on December 1 2015 in Abu Dhabi on January 18 2016 and in New York on April 22 2016.
The ISC held its fourth meeting in New Delhi on October 5 last year.
A total of 24 countries - Bangladesh Brazil Burkina Faso Cambodia Democratic Republic of Congo Dominican Republic Ethiopia Fiji France Guinea Bissau India Liberia Madagascar Mali Nauru Niger Republic of Guinea Senegal Seychelles Sudan Tanzania Tonga Tuvalu and Vanuatu - signed the ISA framework agreement in Marrakech on November 15 last year within 41 days of finalising the text of the agreement the External Affairs Ministry said in a statement.
Rwanda signed the Framework Agreement on January 9 this year taking the total number of signatories to 25 countries.
Within seven months of the opening of the framework agreement for signature in November 2016 the total number of signatories to the ISA framework agreement have reached 31 with six countries ratifying the agreement the statement said.
The ISA as a legal entity will come into existence once 15 countries ratify and deposit the framework agreement it said.
India and France were the first two countries to ratify the framework agreement. Fiji has also completed the ratification process and will deposit its instrument in the next few weeks according to the ministry.
The External Affairs Ministry has set aside $2 billion for solar projects in Africa out of India s $10 billion concessional line of credit (LoC) for Africa. The LoC will be extended to all those African countries that have signed and ratified the framework agreement.
--IANS
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More African nations join International Solar Alliance
