The United Kingdom and India have been collaborating together on a path towards a low carbon future. The two countries want to work together to create a plan for India, with heavy investments from the UK, to be on the forefront of a clean energy based economy.
The discussion is led by the UK-India Business Leaders Climate Group (BLCG). Companies from both countries have been contributing in the conversation and the creation of a report. The wind energy mogul, Suzlon, has been a contributor, as well as, HSBC Bank. David Cameron, the Prime Minister of the UK, believes that this low-carbon path for India could create jobs, growth and environmental protection for the ever expanding country.
The BLCG advocates for the beginning of joint projects that demonstrate low-carbon technology. They also want to work together on joint research and development projects. The BLCG is also working to remove barriers of investments on clean energy and finding innovative financing mechanisms.
This idea is not a solution for India by any means. India is the fastest growing nation in the world, expanding at approximately 9% population per year. They are also in the front of the industry and business world. This makes it necessary for India to lead the way to finding a solution for clean energy. With the financial aid from the UK, and cooperation of the businesses in both countries, perhaps a balanced solution can be found.
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