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UK-India Business Leaders Climate Group – report launch at Foreign & Commonwealth Office, London

17 November 2010
UK-India Business Leaders Climate Group – report launch at Foreign & Commonwealth Office, London

Top business leaders from the UK and India issued a Charter of Principles on 15 November 2010, setting out practical ways that the two countries can work together to boost productivity, jobs and innovation while cutting carbon emissions.

UK Foreign Secretary William Hague and, Energy and Climate Change Minister Greg Barker hosted the event at the Foreign & Commonwealth Office in London, where the business leaders, including co-chairs Sir Stuart Rose (Chairman, M&S) and Rajan Bharti Mittal (Vice Chairman & MD, Bharti Enterprises) launched the report to over 100 business and media representatives. The UK Prime Minister David Cameron and India Minister for Environment and Forests Jairam Ramesh sent video messages of support.

The UK-India Business Leaders Climate Group highlighted five Principles and recommended 10 concrete actions to advance collaborative, climate-friendly economic growth. Most significantly, the report is not just a call on the Governments of India and the UK; it will be business that drives the actions. An online Clean Technology Directory, a Low Carbon Capital Manual and a high-level Low Carbon Economy Summit have already been committed to by the Group.

Sir Stuart Rose said "I'm a firm believer that it's not government that has to lead this; government has to travel together with us, but business has to deliver it.”

The Rt Hon Greg Barker MP added “It’s vital that we show tangible on-the-ground results, and bilateral relationships like this one can drive… transformation in a way that multilateral initiatives can’t.” The Governments of India and the UK are fully supportive of the initiative and will give “serious consideration” to the report.

Rajan Bharti Mittal said the Charter of Principles should serve as a model for other bilateral low carbon agreements. “Our economies have successfully partnered with each other in other areas for decades... We recognise that our future trade will be increasingly low carbon and is a priority for all progressive governments and businesses.”

Steve Howard, CEO of The Climate Group, the international NGO acting as secretariat to the group, said: “The green economy is growing. This ground-breaking Charter will guide crucial government and industry collaboration that will be good for the environment and UK and Indian jobs. I think we will see more bilateral efforts like this filling the international policy vacuum.”

The Climate Group is the secretariat of the UK-India Business Leaders Climate Group.

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