- Development Minister Andrew Mitchell announced a new climate and technology partnership to address global challenges for the benefit of all as he attended the G20 Development Ministers’ Meeting in Varanasi today (Monday).
- Together with India and G20 partners, he calls for concerted efforts to achieve the United Nations Sustainable Development Goals.
- The new UK support includes funding for technology start-ups focused on sustainable agriculture, including growing vegetables in an environmentally friendly way.
International Development Minister Andrew Mitchell is in India from today (Monday) for the G20 – and to boost cooperation on the UK-India development partnership on climate and technology.
The summit in Varanasi will highlight how UK partnerships and investments are making a difference in tackling today’s biggest shared challenges – including climate change, poverty and food security.
The G20 Development Ministers meeting in Varanasi is laying the groundwork to accelerate progress towards the Sustainable Development Goals ahead of the G20 Summit in New Delhi this September.
At the G20, the UK stressed the need to redouble global efforts to tackle the climate crisis and shocks that mark our development leadership position, which was set out earlier this year.
New UK programs include investing £10m in India to create a women-led climate-technology fund to develop solutions to climate change and create jobs for women in sectors such as clean energy, energy storage and agriculture.
A £12 million investment from the UK government’s Neve II fund will go to NutriFresh, an agri-tech start-up focused on making agriculture sustainable by growing vegetables in an environmentally friendly way.
Yesterday (Sunday), Minister Mitchell visited the Chakra Innovation Research Laboratory, which is developing technology to address climate challenges.
A UK-backed lab is now developing new batteries for e-vehicles that don’t need charging infrastructure and are fully recyclable, offering a cleaner and safer alternative to older lithium tech. The lab has previously developed devices that capture polluting emissions and turn them into black and white.
Such targeted investments play a central role in tackling climate change and supporting sustainable development. They improve the supply of clean energy, create jobs and boost economic growth, all of which are critical to ending poverty.
UK Development Minister Andrew Mitchell said:
We commend India for putting development and the needs of the poor and the most vulnerable at the heart of its presidency of the G20. The UK is committed to working with G20 partners to tackle the climate crisis and reduce poverty.
The UK’s new investments in India will strengthen our partnership, demonstrating the UK’s focus on a mutually beneficial partnership. Make no mistake: these investments benefit the British taxpayer while delivering world-changing solutions. I am proud that the UK is supporting such visionary and innovative efforts, which are needed to achieve growth across the world.
The investments will strengthen the UK’s trade ties with the region and help drive growth – one of the Government’s five priorities
Acting British High Commissioner to India Christina Scott said:
The investments underline the UK’s commitment to delivering the 2030 Roadmap – a partnership for both our countries.
We are focused on delivering clean and green infrastructure and creating opportunities for women and girls, as outlined in the UK’s Global Development Strategy.
- Minister Andrew Mitchell’s two-day (11-12 June) visit to India will include visits to Delhi and Varanasi.
- The 2030 India-UK Roadmap for Future Relations was launched in 2021. Since then, significant progress has been made in health cooperation, promoting the transition to clean energy, cyber-security cooperation and expanding our defense and security partnership.
- The UK’s development finance institution and influential British international investment firm, invest flexible capital to support private sector growth and innovation to help address the biggest global development challenges. The British Investment Partnership will work with India towards a green transition, investing in sustainable agriculture, reducing pressure on natural resources and creating new jobs.
- of [Neev II fund invests](Nev Fund II – SBICAP Ventures Ltd is focused on limiting and increasing the resilience of small and medium enterprises (SMEs) to climate and environmental change and helping India achieve its 2030 carbon emission reduction targets.