Enhanced India-UK Relations by 2035: Collaboration in Nuclear Energy, Carbon Capture Technology, and Sustainable Finance
The India-UK Vision 2035, signed by Prime Ministers Keir Starmer and Narendra Modi on July 24, 2025, marks a significant step towards a more resilient, low-carbon future for both nations. This strategic roadmap aims to deepen bilateral ties and address global challenges through a holistic approach to green growth [1][2].
The Vision focuses on several key areas, including nuclear energy, carbon capture, climate finance, clean energy, waste management, CCUS, sustainable transport, green financing, and offshore wind development. It seeks to accelerate the clean energy transition through joint initiatives in renewable energy sectors like offshore wind and clean nuclear energy projects [1][2].
One of the Vision's primary goals is to advance carbon capture technologies, including CCUS, to reduce emissions and contribute to climate resilience. To this end, the Net Zero Innovation Partnership will support research and development in CCUS, while the India-UK Financial Partnership (IUKFP) will finance projects in sustainability, asset management, and artificial intelligence [1].
In addition, the Vision aims to mobilize climate finance at scale to fund green initiatives and sustainable infrastructure development in both countries. To achieve this, the India-UK Infrastructure Financing Bridge (UKIIFB) and the Development Capital Investment Partnership will direct investments in cleantech startups and sustainable infrastructure [1].
The Vision also prioritizes strengthening bilateral collaboration in waste management by fostering sustainable practices and innovation. India and the UK plan to roll out a Carbon Credit Trading Scheme (CCCTS) to incentivize carbon reduction efforts [1].
Moreover, the Vision promotes sustainable transport and green financing, leveraging economic cooperation to facilitate environmentally sustainable growth. Task forces on energy storage, grid modernization, and offshore wind development will be formed between India's CERC and the UK's OFGEM to facilitate these efforts [1].
Sarah Tancredi, an experienced journalist and news reporter specializing in environmental and climate crisis issues, has a deep passion for the planet and a commitment to raising awareness about pressing environmental challenges [2].
Overall, the Vision 2035 seeks to create a resilient, sustainable, and prosperous bilateral relationship that leverages cutting-edge technology and green finance to address climate change and other global issues, while simultaneously boosting economic opportunities for both countries across multiple sectors [1][2]. This partnership is designed to complement the India-UK Free Trade Agreement (FTA), which targets increasing trade volume from US$56 billion to over US$100 billion by 2030 and further growing by 2035 [2][3].
References:
[1] India-UK Vision 2035: A Joint Statement. (2025). Retrieved from https://www.gov.uk/government/publications/india-uk-vision-2035-a-joint-statement
[2] India-UK Vision 2035: A Roadmap for a Stronger Partnership. (2025). Retrieved from https://www.india.gov.in/spotlightdetail/press-releases/article/india-uk-vision-2035-a-roadmap-for-a-stronger-partnership
[3] India-UK Free Trade Agreement: Boosting Trade and Investment. (2025). Retrieved from https://www.gov.uk/government/publications/india-uk-free-trade-agreement-boosting-trade-and-investment
- The India-UK Vision 2035, addressing global challenges through a holistic approach to green growth, includes a focus on sustainability and environmental education.
- The joint initiative aims to finance projects in ESG (Environmental, Social, and Governance) aspects, asset management, and artificial intelligence under the India-UK Financial Partnership (IUKFP).
- To advance sustainable development, the Vision 2035 offers courses in renewable energy sectors like offshore wind and clean nuclear energy projects.
- The Net Zero Innovation Partnership will support research and development in carbon capture technologies (CCUS) to reduce emissions and contribute to climate resilience.
- Green reporting and research in environmental science are essential components of the partnership, as the Vision promotes a resilient, low-carbon future for both nations.
- Sarah Tancredi, a dedicated journalist, is passionate about raising awareness about environmental challenges posed by climate-change and other global issues.
- Wealth management and personal finance sectors can also contribute to the vision by investing in climate-friendly projects, fostering a greener, sustainable economy.
