We stand for multilateralism: India after US exit from 66 organisations, Pg8

Key Highlights:

• The US has withdrawn from 66 international organizations, including UN bodies and the International Solar Alliance (ISA).
• India has affirmed its commitment to multilateralism, emphasizing the need for collaborative action on global issues.
• The US exit may cause funding and leadership challenges in these organizations.
• China is expected to increase its influence in these organizations due to the vacuum created by the US withdrawal.
• The US exit from ISA may negatively impact investment and financial contributions towards solar projects.

Detailed Insights:

• The US decision to withdraw is based on the view that these institutions are "redundant" and against US interests.
• ISA has made significant progress in promoting solar energy deployment among its 125 member countries.
• India will need to collaborate with other nations to protect the rules and objectives of these organizations.
• The US withdrawal from ISA could lead to a loss of expertise and influence, despite ISA's diversified membership and funding.
• The aim of ISA was to mobilize over $1 trillion for solar projects by 2030, which may be affected.

Key Concepts Involved:

• Multilateralism: A system of international relations that involves multiple nations pursuing shared goals.
• International Solar Alliance (ISA): An intergovernmental organization promoting solar energy.