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Consider the following statements regarding the International Solar Alliance (ISA):
1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.
2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.
3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.
How many of the above statements are correct?
- a)Only one
- b)Only two
- c)All three
- d)None of the above
Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements regarding the International Solar Al...
- International Solar Alliance (ISA): Recently, the Sixth Assembly of the International Solar Alliance (ISA) was convened at Bharat Mandapam in New Delhi. The assembly announced an increase in Viability Gap Funding (VGF) for projects, raising it from 10% to a range of 10% to 35% to foster greater investments, particularly in African countries. Hence, statement 2 is correct.
- Four projects supported by the ISA were inaugurated during the assembly. These initiatives spanned across different countries: Solarization of the Malawi Parliament. Solarization of rural healthcare centres in Fiji. International Solar Alliance (ISA): Initially conceived as a joint effort by India and France, ISA was conceptualized during the 21st Conference of Parties (COP21) in 2015. Currently, 116 countries are signatories, with 94 having completed the necessary ratification to become full members. Hence, statement 1 is not correct.
- The ISA is guided by its ‘Towards 1000’ strategy which aims to mobilize USD 1,000 billion of investments in solar energy solutions by 2030, while delivering energy access to 1,000 million people using clean energy solutions and resulting in installation of 1,000 GW of solar energy capacity. Hence, statement 3 is not correct. This would help mitigate global solar emissions to the tune of 1,000 million tonnes of CO2 every year.
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Consider the following statements regarding the International Solar Al...
Overview of the International Solar Alliance (ISA)
The International Solar Alliance (ISA) is a coalition of solar-rich countries aimed at promoting solar energy development and deployment worldwide. Here’s a breakdown of the statements regarding ISA.
Statement 1: Membership Status
- At present, over 116 countries have signed and ratified the agreement to become full members of ISA.
- However, it is crucial to verify the exact number as the membership can evolve.
Statement 2: Viability Gap Funding (VGF)
- During the Sixth Assembly of ISA, it was indeed announced that the Viability Gap Funding (VGF) for projects would be increased.
- The range of 10% to 35% for VGF is accurate.
Statement 3: 'Towards 1000' Strategy
- The ISA operates under various initiatives but the 'Towards 1000' strategy is not specifically aimed at generating 1,000 MW of solar energy solutions by 2030 in each country.
- The focus is more broadly on promoting solar energy projects and technology transfer rather than a specific capacity target per country.
Conclusion
- Based on the analysis, only Statements 2 and 3 are accurate.
- Therefore, the correct answer is option A: Only one statement is correct, specifically regarding the VGF announcement.
This clarification helps in understanding the current status and initiatives of the ISA, crucial for UPSC aspirants focusing on international collaborations in renewable energy.
The International Solar Alliance (ISA) is a coalition of solar-rich countries aimed at promoting solar energy development and deployment worldwide. Here’s a breakdown of the statements regarding ISA.
Statement 1: Membership Status
- At present, over 116 countries have signed and ratified the agreement to become full members of ISA.
- However, it is crucial to verify the exact number as the membership can evolve.
Statement 2: Viability Gap Funding (VGF)
- During the Sixth Assembly of ISA, it was indeed announced that the Viability Gap Funding (VGF) for projects would be increased.
- The range of 10% to 35% for VGF is accurate.
Statement 3: 'Towards 1000' Strategy
- The ISA operates under various initiatives but the 'Towards 1000' strategy is not specifically aimed at generating 1,000 MW of solar energy solutions by 2030 in each country.
- The focus is more broadly on promoting solar energy projects and technology transfer rather than a specific capacity target per country.
Conclusion
- Based on the analysis, only Statements 2 and 3 are accurate.
- Therefore, the correct answer is option A: Only one statement is correct, specifically regarding the VGF announcement.
This clarification helps in understanding the current status and initiatives of the ISA, crucial for UPSC aspirants focusing on international collaborations in renewable energy.
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Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements regarding the International Solar Alliance (ISA):1. At present, 116 countries have signed and officially ratified the agreement to become full members of ISA.2. During the Sixth Assembly of ISA in New Delhi, it was announced that Viability Gap Funding (VGF) for projects will be increased, ranging from 10% to 35%.3. The ISA is guided by its ‘Towards 1000’ strategy which aims to generate 1,000 MW solar energy solutions by 2030, in each country.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)None of the aboveCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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