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“I congratulate Bridge India for their initiative in bringing out this Report on the potential of India-UK collaboration in the energy sector. It is a timely and welcome addition to the relevant information base.”
Gaitri Issar Kumar, IFS, High Commissioner of India to the UK
“The biggest challenge of our time is climate change and we need to work together to deliver a cleaner, greener world and build back better for present and future generations.”
Alok Sharma MP, President, COP26
The event is the launch for Bridge India’s latest report on “UK-India Energy Collaborations”. The launch is timely, as PM Boris Johnson visits India next week, and the UK hosts COP-26 in Glasgow in November 2021.
Across the world, governments face the twin challenge of tackling climate change and re-starting the economy following the disruption of COVID-19.
The UK’s ambitions on energy transition are world-leading. In 2019, it became the first G7 country to legislate for net-zero emissions, with a more than 40% cut to emissions since 1990, the fastest rate in the G7. This was followed by a ten-point plan for a green industrial revolution and a policy white paper.
Likewise, India has embarked on the world’s largest expansion plan in renewable energy. It is set to be the foremost global contributor to renewable electricity generation in 2021, with its annual addition nearly double that of 2020.
The report highlights several UK SMEs in energy and cleantech with realised or planned expansion in India; and focuses on the vast potential both countries can work together on. The report was produced with Howard Kennedy LLP and Mercia Asset Management, both firms invested in energy and cleantech, and with a clear commitment to enhancing UK-India economic ties.
Speakers:
- Justine Leigh-Bell, Deputy CEO, Climate Bonds (moderator)
- Natalie Toms, Counsellor Economic & Prosperity, British High Commission, Delhi
- Gauri Singh, Deputy Director General, International Renewable Energy Agency
- Jonathan Cohen, Head of Energy, Howard Kennedy LLP
- Julian Viggars, CIO, Mercia Asset Management
- James Quinn, CEO, Faradion
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