Diplomatist Magazine Diplomatist January 2019 | Page 48

SPOTLIGHT Peru is a founding member of the International Solar Alliance and has a key interest to participate in its agenda and initiatives. India and Peru engaged actively in coordinating their renewable energy cooperation agenda since the fi rst meeting of the bilateral Joint Commission. Talks for the establishment of a specifi c international agreement on this important topic led to the signature of the Agreement on Cooperation in New and Renewable Energy, signed during the offi cial visit of Vice President of India, Shri Venkaiah Naidu, to Peru in May 2018. The Agreement on New and Renewable Energies identifi es and establishes cooperation activities between the Ministry of Energy and Mining of Peru and the Ministry of New and Renewable Energy of India. The broad scope of the agreement includes exchange and training of scientists; sharing of data and information; technology transfers; organisation of workshops and seminars, as well as other forms of cooperation agreed by both countries. On the other hand, ISA is an international organisation based in India, which aims to deploy more than 1,000 Gigawatts of solar energy and mobilize more than USD 1 billion for investment in solar energy by 2030. In its short run as a fully-fl edged international organisation, ISA has worked to facilitate and accelerate the deployment of solar energy in developing countries for them to meet the growing demand for energy and help combat climate change in the spirit of the Paris Agreement of 2015. Peru is a founding member of the International Solar Alliance and has a key interest to participate in its agenda and initiatives. This interest is refl ected in the active participation of the Minister of Energy and Mines of Peru, H.E. Francisco Ísmodes, in ISA events since its start of operations in 2018. Minister Ísmodes attended the ISA Forum held on the sidelines of Intersolar Europe 2018 at Munich, Germany, in June 2018, as well as the First Assembly of the International Solar Alliance and RE-INVEST 2018 last October. It was during this latter meeting that Minister Ísmodes was elected Vice President of ISA for Latin America and the Caribbean. In this position Peru will actively seek to engage more countries of the region in ISA initiatives, thus helping ISA to achieve its core objective of expanding the use of renewables at a global scale. Shaping itself as a leader in solar and renewable energy, Peru announced at the ISA Assembly its hosting of the ISA-Peru-LAC Renewable Energy Meet and Expo (SUN WORLD 2019) in November next year. SUN WORLD 2019 will be a major international event that shall gather not only members of government, but also enterprises, opinion leaders and scientists to discuss ways to imprint a Latin American perspective to the ISA agenda and, more widely, how to further new and innovative ISA initiatives. With Peru’s potential in resources and increasing role as regional leader in this area, renewable energies emerge as a new frontier for Peruvian Foreign Policy, beyond which lie a realm of completely new possibilities. The engagement between Peru, India and the International Solar Alliance in developing new energies should only bring about greater wellbeing for our peoples through access to better, cheaper and more sustainable sources of energy. 48 • Extraordinary and Plenipotentiary Diplomatist • Vol 7 • Issue 1 • January 2019, Noida