India is the world's third largest carbon emitter.
BRITAIN and India have agreed on £3.2 billion worth of commercials deals to help combat climate change and create more sustainable energy sources.
The comprehensive package of collaboration comes ahead of the Paris climate summit which takes place from November 30 to December 11.
During Indian Prime Minister Narendra Modi’s UK visit, the two countries reaffirmed the importance of addressing climate change and promoting secure, affordable and sustainable supplies of energy that will support economic growth, energy security and energy access.
Modi said during his address in Wembley Stadium last week that India couldn’t get rid of its problems by “twiddling its thumbs”.
“Global warming is a big concern so we want to become solar energised,” Modi said.
“India is a country blessed with sunlight. We want to work with a country that can work with us in terms of solar energy. I have received positive responses with everyone eve spoken to.”
The package encompasses £3.2 billion of commercial agreements, joint research programmes and initiatives to share technical, scientific, and financial and policy expertise.
This is aimed at encouraging the research, development and eventual deployment of clean technology, renewables, gas and nuclear. As part of the package, Britain also announced the UK Climate Investments joint venture with the Green Investment Bank.
This will invest up to 200 million pounds in renewable energy and energy efficiency in India and Africa.
“The UK and India’s partnership on energy is going from strength to strength. We share world-class expertise in research and innovation,” said UK energy and climate change secretary Amber Rudd.
“The UK’s experience in green finance and technology in particular makes us well-placed to work together to promote secure, affordable and sustainable supplies of energy and address climate change.
“The upcoming talks in Paris will be a crucial moment in the fight against climate change and I am pleased to be able to work closely with India to ensure that the deal we secure helps to keep the below two degree limit on global warming within reach,” she added.
India is the world’s third largest carbon emitter. According to a World Health Organization’s (WHO) 13 of the world’s 20 most polluted cities are in India, compared to just three in China.
Britian and India also agreed on the need for an ambitious and comprehensive global agreement to tackle climate change in Paris later this month and that the agreement should signal to investors and innovators the long term commitment of governments to clean and more sustainable economies.
Modi and British PM David Cameron also welcomed the completion of negotiations for a Nuclear Cooperation Agreement and the signing of a Memorandum of Understanding (MoU) related to closer civil nuclear collaboration between the UK and India.