Category: Press Releases

PRESS RELEASE : House to examine strengthened national security measures as Procurement Bill progresses to report stage [June 2023]
The press release issued by the Cabinet Office on 13 June 2023.

The Procurement Bill, which begins its report stage in the House of Commons, will make it easier for small businesses to win more of the £300bn of goods and services that the government buys each year.

The reforms proposed in the Bill will help mainstream innovation and innovative practices, improve the quality and efficiency of public services, and drive growth locally and nationally.

The Bill also introduces new rules to help the government procure in emergency situations to ensure that contracting authorities can act quickly and transparently to buy vital goods.

The simpler and more flexible rules take advantage of freedoms now that Britain has left the EU, as well as strengthening the ability to exclude suppliers who may have previously underperformed on government work.

Minister for the Cabinet Office and Paymaster General Jeremy Quin said:

“Protecting the nation’s security has always been the government’s number one job.

“These new measures will protect our sensitive sectors from companies which could threaten national security and are a firm deterrence to hostile actors who wish to do Britain harm.

“This builds on the robust rules within the Procurement Bill to hold suppliers to account and ensure that the taxpayer is protected.”

The report stage comes after stepped up measures to protect national security in government contracts were announced last week.

Two new measures were tabled through amendments to the Bill:
- Establishing a National Security Unit for Procurement. The new team, based in the Cabinet Office, will investigate suppliers who may pose a risk to national security and assess whether companies should be barred from public procurements.
- New powers to ban suppliers from specific sectors where they pose a risk to national security, such as areas related to defence and national security, while allowing them to continue to win procurements in non-sensitive areas.
In addition, the Government has committed to publishing a timeline for the removal of surveillance equipment produced by companies subject to China’s National Intelligence Law from sensitive central government sites.

The Bill also confirms that value for money remains paramount during contracting, whilst also encouraging buyers to take into account other relevant wider social and environmental considerations the supplier may bring.

To further underline how the Bill will help SMEs, the Cabinet Office has published a document outlining the benefits of the changes for prospective suppliers.
June 15, 2023
PRESS RELEASE : Scottish Secretary responds to Labour Market Statistics for June [June 2023]

The press release issued by the Scottish Office on 13 June 2023.

New ONS figures show Scottish unemployment near record lows – but investing in jobs and skills still vital, says Alister Jack, as global economic issues persist.

Responding to the latest LMS publication, Secretary of State for Scotland, Alister Jack, said:

It’s encouraging to see that the unemployment rate in Scotland remains near record lows and there’s resilience in the labour market. Global issues are still causing significant economic challenges, however.

The UK Government is investing £3.5 billion to remove barriers to work and remains committed to halving inflation, reducing debt and growing the economy, not least through investing more than £2.2 billion in Scotland through our ambitious levelling up agenda and City and Growth Deals.

Background

Figures from the ONS show unemployment at 3.1 per cent in Scotland down 0.1 p.p. since the same time last year. Scotland’s employment rate is at 74.6 per cent, down by 0.9 p.p. over the last year.

In summary, Scotland’s labour market key indicators show a mixed but resilient picture: the unemployment rate has remained unchanged over the last three months, the UK rate has increased marginally during the same period. Unemployment remains at a near historic low rate at 3.1% in Scotland. However, the employment rate and economic activity have fallen over the quarter, whereas the UK sees a slight increase in employment. In light of increasing economic headwinds, there has been a 1.9% fall in economic activity and equal increase in inactivity.

Despite this, some economic forecasters predict that the UK economy overall will now avoid a technical recession in 2023. The claimant count level for May 2023 saw a marginal fall from April.

June 15, 2023
PRESS RELEASE : More historic convictions for homosexuality to be wiped [June 2023]

The press release issued by the Home Office on 13 June 2023.

The scheme to wipe historic convictions for homosexual activity has been expanded.

More people who were unjustly criminalised for gay sex in the past will be able to have their convictions wiped from their records, the Home Office has announced.

In a significant step forward in addressing the wrongs of the past, the government’s disregards and pardons scheme has been significantly widened from today (13 June).

Up until now, only men have been able to apply to have convictions wiped under a specified list of offences. These largely focused on offences of buggery and gross indecency between men.

As of today anyone – including, for the first time, women – will be able to apply if they have been convicted or cautioned under any repealed or abolished offences relating to same-sex activity.

This could include, for example, offences such as ‘solicitation by men’ which may have sometimes been used in the past to criminalise behaviour between gay men which, if it had been conducted between a man and a woman, would have been seen as no more than “chatting up”.

A wider range of service offences will also now be in scope enabling more veterans to benefit. In the past, members of the Armed Forces were prosecuted for their sexuality under service law. This extension will enable more veterans to have those convictions erased from the record.

Under the scheme, people who were unjustly criminalised will receive a pardon. Convictions will be deleted from official records and individuals will not be required to disclose them during court proceedings or when applying for jobs.

Minister for Safeguarding, Sarah Dines said:

The appalling criminalisation of homosexuality is a shameful and yet not so distant part of our history.

Although they can never be undone, the disregards and pardons scheme has gone some way to right the wrongs of the past.

I am proud that from today the scheme has been significantly widened to include more repealed offences.

I invite all of those who were convicted or cautioned for same-sex sexual activity under an abolished offence to come forward and apply.

Since 2012, men have been able to apply to have their convictions or cautions for consensual sex with another man disregarded. Through the Police, Crime, Sentencing and Courts Act 2022, the government has taken action to widen the offences – both civilian and service offences – covered by the scheme. For the first time, women will also be able to apply.

A ‘disregard’ will be granted if certain conditions are met, including that any other party involved must have been aged 16 or over and the sexual activity does not constitute an offence today.

Minister for Veterans’ Affairs, Johnny Mercer said:

The treatment of LGBT Armed Forces personnel and veterans prior to 2000 was wholly unacceptable, and today’s announcement is a clear demonstration of progress in righting these wrongs.

I will continue working to ensure government meets its commitment to value and recognise every veteran’s service and experience.

Service offences which are now in scope of the scheme include those repealed by the Armed Forces Act 2006, such as sections 64 (scandalous conduct) and 66 (disgraceful conduct) of the Air Force and Army Acts 1955, and the corresponding sections 36 and 27 of the Naval Discipline Act 1957.

Craig Jones MBE, Executive Chair and Caroline Paige, Chief Executive of Fighting With Pride said:

This extension to the disregards and pardons scheme and its inclusion of female veterans is welcome and another small step in the right direction.

We will continue to work very closely with the Ministry of Defence and other government departments to ensure the vulnerable veterans in this cohort get all the support available to them.

Rob Cookson, Deputy Chief Executive of the LGBT Foundation said:

People should never be criminalised simply for who they are and who they love.

The criminalisation of gay men made a huge, terrible impact on many people in our community. It is only right that the disregards and pardons scheme has been widened.

June 15, 2023
PRESS RELEASE : The UK’s Foreign, Commonwealth & Development Office and the University of Essex Agree New Chevening Pathway for Pakistani Scholars [June 2023]

The press release issued by the Foreign Office on 13 June 2023.

Both of the available fields: Climate Change/Sustainability and Heritage/Museum studies are highly relevant to Pakistan given last year’s devastating floods, linked to climate change, which left 10% of the country submerged, affecting 33 million people. The floods also adversely affected the country’s rich cultural heritage, with damage inflicted on the UNESCO heritage site of Moenjodaro, the Amri site museum and the Sehwan folk and craft museum amongst others. As the UK supports Pakistan in its flood reconstruction efforts, this new scholarship pathway will offer long term capacity building support.

At the signing ceremony, Development Director at the British High Commission Islamabad, Jo Moir, said:

Congratulations to the Chevening Scholarships programme and the University of Essex for signing the Memorandum of Understanding. This partnership is a unique opportunity for mid-career professionals working on Climate Change and Sustainability, and Heritage and Museum Studies, to pursue their master’s degrees at Essex University. Chevening represents the very best of the UK-Pakistan partnership. It is a transformative experience, not just for the individual, but also for Pakistan, as scholars return and use the benefit of their UK experience to make a positive difference in their chosen field.

Whilst Professor David O’Mahony, Dean for Partnerships at the University of Essex, said:

The University of Essex has a long history of welcoming talented students from Pakistan to study, research, and grow within the vibrant international community at our University. We also have a long and proud tradition of welcoming talented students from around the world through the Chevening Scholarship scheme, and therefore the University of Essex is delighted to be the first UK University to offer Chevening Partnership Scholarships for Pakistan.

To coincide with the signing of the Chevening-Essex MOU, we are inviting applications for postgraduate Master’s scholarships covering one of two fields: Heritage & Museums Studies or Climate Change/Sustainability.

We have an international reputation in these areas and have just been ranked 56th in the world in the Times Higher Education Global Impact Rankings which highlight the leading universities for promoting the UN Sustainability Development Goals”.

June 15, 2023
PRESS RELEASE : British High Commission in New Delhi celebrates Pride Month [June 2023]
The press release issued by the Foreign Office on 13 June 2023.

The British High Commission and British Council hosted a special event in Delhi on 11 June to mark Pride Month and celebrate the LGBT+ community around the world.

The evening’s celebration at the British Council Delhi included grassroots champions in India, such as InsideOut Delhi and the Humsafar Trust, members of the LGBT+ community in the city, and supporters from all walks of life. The event featured an art exhibition by celebrated British queer artist Howard Hodgkin, who worked with renowned Indian architect Charles Correa to design the iconic black and white mural that adorns the front of the British Council building.

Similar events are being organised across the UK in India network in the month of June including receptions planned at Mumbai, Hyderabad, Bengaluru, Ahmedabad, Chennai, and Jodhpur. The UK is committed to championing LGBT+ rights around the world and to ensuring everyone, everywhere is protected against discrimination.

Christina Scott, Acting British High Commissioner to India, said:

I feel extremely proud to join so many likeminded people from across this wonderful city in celebrating the LGBT+ community. The UK believes that everyone, everywhere should be free to love whom they love and express themselves openly without fear of facing discrimination. Today, we celebrate love and pay tribute to everyone working to ensure full, equal, meaningful participation for all, across all walks of life.

Michael Houlgate, Deputy Director, British Council India, said:

The British Council believes in the importance of diversity and inclusion. Our commitment is reflected in our celebration of Pride Month and through our work in English, education, and the arts. We are committed to creating empowering platforms for the LGBTQIA+ community to express themselves authentically and stand together in support of love and equality.

Background
- the UK champions and supports grassroots LGBT+ organisations and human rights defenders globally through targeted programmes and direct engagement
- the UK has engaged in long-standing international collaborations on LGBT+ rights, including as co-chairs of the Equal Rights Coalition (ERC) and European LGBTI Focal Points Network (EFPN) in 2019
- the British High Commission New Delhi is proud to be a long-standing supporter of the Humsafar Trust in India. The UK also works to create links between British and Indian institutions and legislators to share best-practices, including improving workplace inclusion for LGBT+ employees
- in 2020, we flew the Pride Flag in Delhi for the first time and will continue to fly it each year to mark IDAHOBIT (International Day Against Homophobia, Biphobia and Transphobia) as we did on 17 May this year
June 15, 2023
PRESS RELEASE : Crackdown on criminals silencing critics to be added to Economic Crime Bill [June 2023]
The press release issued by the Ministry of Justice on 13 June 2023.

Judges will be given greater powers to dismiss lawsuits designed purely to evade scrutiny and stifle freedom of speech through government amendments to the Economic Crime and Corporate Transparency Bill.
- extra protections in law for free speech and investigative journalism
- government tables amendments to Bill to tackle abuse of legal system by the corrupt
- bolsters judges’ powers to throw out baseless claims
These legal cases, referred to as Strategic Lawsuits Against Public Participation (SLAPPs), are often aggressively used by wealthy individuals or large businesses to intimidate and financially exhaust opponents, threatening them with extreme costs for defending a claim.

SLAPPs have been used prominently by Russian oligarchs to silence critics including investigative journalists, writers and campaigners to avoid scrutiny, often on bogus defamation and privacy grounds that prevent the publication of information in the public interest.

The amendments show the government is taking a leading role in cracking down on the abuse of the legal system by wealthy elites. It will create a new early dismissal process within the court system which will allow SLAPPs about economic crime to be rapidly thrown out by judges. This will make SLAPPs far less effective as a tool with which to threaten journalists and give reporters greater confidence to stand up to the corrupt, knowing the law is firmly on their side.

The move will enable the government to bring a swift end to the vast majority of SLAPPs cases, as at least 70% of the cases referenced in an report about SLAPPs, published in April 2022 by the Foreign Policy Centre and ARTICLE 19, were connected to financial crime and corruption.

Lord Chancellor and Justice Secretary, Alex Chalk KC, said:

We are stamping out the brazen abuse of our legal system that has allowed wealthy individuals to silence investigators who are trying to expose their wrongdoing.

These measures will protect the values of freedom of speech that underpin our democracy and help better protect reporters who are shining a light on their crimes.

Crucially, the legislation will define the characteristics of SLAPPs relating to economic crime in law for the first time. This sets out that legal action taken to restrain a person’s freedom of speech or that the information within the piece has been released in the public interest to combat economic crime will count as a SLAPP.

Should a case reach court the early dismissal mechanism comprising of two tests will come into effect – whether a case is a SLAPP as defined by the Bill, and whether the claim has reasonable chance of being successful. This will put the onus on the complainants to prove that their case has merit, rather than on the defendant.

Justice Minister, Lord Bellamy, said:

Our reforms will ensure that journalists can shine a light on unscrupulous individuals who use and abuse our justice system to try and stop them.

As a result of our action it will be easier for the courts to swiftly dismiss cases, reducing the costs and stresses of lengthy legal proceedings.

In 2021 the Coalition Against SLAPPs in Europe estimated that 14 SLAPPs cases were brought in the UK, an increase on the 2 cases in both 2020 and 2019.

As part of the wider package of reforms the government will introduce limits on the high costs associated with SLAPPs to prevent them from being financially ruinous. This will maintain access to justice and ensure defendants have the confidence to take on wealthy claimants.

This amendment is the first step in cracking down on SLAPPs used to limit freedom of speech. The government remains committed to tackling all forms of this nefarious practice and will set out further legislation beyond economic crime when parliamentary time allows.

Security Minister Tom Tugendhat said:

For too long corrupt elites have abused our legal system to evade scrutiny and silence their critics.

These new measures are a victory for truth and justice, and a blow to those who try and export their corruption to the UK.

They will help expose wrongdoing and bring an end to spurious lawsuits from those who seek to suppress our freedom of speech.
June 15, 2023
PRESS RELEASE : UK shoots for the stars as space-based solar power prepares for lift-off [June 2023]
The press release issued by the Department for Energy Security and Net Zero on 13 June 2023.

London Tech Week will see Energy Security Secretary Grant Shapps announce £4.3 million government funding to develop cutting-edge technology.
Leading UK universities and tech companies receive multi-million pound government investment to drive forward innovation in rapidly emerging sector

space-based solar power collects energy from the Sun using panels on satellites and beaming it safely back to earth

huge potential to boost the UK’s energy security, Grant Shapps will tell London Tech Week during keynote speech today

The UK’s space-based solar power industry is preparing for lift off thanks to a multi-million government investment to develop the cutting-edge technology.

In a speech at London Tech Week today, Energy Security Secretary Grant Shapps will announce the leading UK universities and technology companies receiving a share of £4.3 million government funding to drive forward innovation in the sector.

Spaced-based solar power collects energy from the Sun using panels on satellites and beaming it safely back to earth with wireless technology.

The winning projects include Cambridge University, who will develop ultra-lightweight solar panels for the satellites that can function in the high-radiation conditions of space, and Queen Mary University in London, who are working on a wireless system to enable the solar power collected in space to be transferred to earth.

This technology – which is in the early stages of development – has huge potential to boost the UK’s energy security, reduce the need for fossil fuels and drive down household bills by providing solar power all year round, as the Sun is visible for over 99% of the time.

An independent study in 2021, found that space-based solar power could generate up to 10GW of electricity a year by 2050, a quarter of the UK’s current electricity demand. It could create a multi-billion pound industry, with 143,000 jobs across the country – supporting one of the Prime Minister’s priorities to grow the economy.

The UK is among several countries, including Japan and United States, committed to the development of space-based solar power. Earlier this month, scientists at the California Institute of Technology claimed to have achieved a world-first by successfully transmitting solar power to Earth from space.

Secretary of State for Energy Security and Net Zero Grant Shapps said:

I want the UK to boldly go where no country has gone before – boosting our energy security by getting our power directly from space.

We’re taking a giant leap by backing the development of this exciting technology and putting the UK at the forefront of this rapidly emerging industry as it prepares for launch.

By winning this new space race, we can transform the way we power our nation and provide cheaper, cleaner and more secure energy for generations to come.

The 8 projects to be awarded funding from the government’s Space Based Solar Power Innovation Competition, part of the flagship £1 billion Net Zero Innovation Portfolio, are as follows:

the University of Cambridge is receiving over £770,000 to develop ultra-lightweight solar panels that can survive long periods in high-radiation environments like the conditions in space. This will help increase the lifetime of these satellites, improve energy yields and lower the cost per unit of energy

Queen Mary University in London will receive over £960,000 to develop a wireless power transmission system with high efficiency over a long range, to support the technology to beam solar power from the satellites back to Earth

MicroLink Devices UK Ltd in Port Talbot, South Wales, has been awarded over £449,000 to develop the next generation of lightweight, flexible solar panels, which could be used for solar satellites

the University of Bristol is receiving over £353,000 to produce a simulation of solar space wireless power transfer capability to explore the possibilities of this technology, and provide further evidence on the performance, safety, and reliability of space based solar

Satellite Applications Catapult Ltd in Didcot has been awarded over £999,000 for an experiment to test the electronical steering and beam quality of its space satellite antenna technology. The company are receiving over £424,000 for another project to study how to advance commercial space-based solar power that can provide a reliable source of electricity for the UK

Imperial College London is receiving over £295,000 for a study to assess the key benefits and impacts of space solar, including how solar energy from space could be integrated into the electricity grid alongside other low-carbon energy sources

EDF Energy R&D UK Centre Ltd will receive over £25,000 for a study to improve knowledge of the value of introducing space based solar power into the UK’s grid

The UK is already a world-leader in renewable technologies, including the world’s 4 largest wind farms, and more than 99% of the country’s solar power capacity has been installed since 2010 – enough to power over 4 million homes.

Building on this momentum, the government aims to make space solar a new clean energy industry for the UK, investing in its early-stage development with the £4.3 million funding announced today, including £3.3 million from the Department for Energy Security and Net Zero and £1 million from the UK Space Agency.

This new industry builds on historical links between space technology and the development of solar power as a clean energy source. It is bringing together the UK’s space and energy industries, with the nation’s leading researchers and entrepreneurs in these sectors joining forces to realise the transformative potential of space-based solar power.

Dr Mamatha Maheshwarappa, Payload Systems Lead at the UK Space Agency, said:

Space technology and solar energy have a long history – the need to power satellites was a key driver in increasing the efficiency of solar panels which generate electricity for homes and businesses today.

There is significant potential for the space and energy sectors to work together to support the development of space-based solar power, and the UK Space Agency has contributed £1 million to these innovative projects to help take this revolutionary concept to the next level.

Professor Xiadong Chen of the Queen Mary University of London (QMUL) Antennas & Electromagnetics Research Laboratory said:

QMUL has been world- leading in the application of radio technology for industrial applications since the laboratory was set up in 1968.

This NZIP grant gives us the opportunity to extend our work to explore how the latest microwave technology can be used to develop cost-effective solutions to deliver net-zero using the abundant solar energy resources found in outer space.

We look forward to working with the UK space industry and others to develop solutions that ultimately will be of great benefit to mankind.

Frank Schoofs, technical lead for the Satellite Applications Catapult’s projects, said:

We are thrilled to build on the success of our SBSP Enablers project with 2 projects to advance the CASSIOPeiA architecture with our partners in the supply chain.

These transformative projects within the SBSP Innovation portfolio will play a pivotal role in driving the realisation of SBSP forward, propelling the UK towards the achievement of our ambitious net zero goals.

We are incredibly excited about the opportunities that lie ahead and the positive impact SBSP will have on our sustainable energy landscape.

Professor Goran Strbac, Imperial College London, said:

The core objective of our work is to assess the role and value of the SBSP technologies in supporting cost effective transition to secure zero-carbon energy future in the UK.

The NZIP funding is enabling us to enhance our analytical modelling tools to analyse quantitatively:
(a) the whole-system benefits of the emerging SBSP technology designs
(b) benefits of the ability to transport SBSP energy to different locations in different times
(c) cost and benefits of SBSP in the operation of future low-inertia power system and
(d) the impact of the grid reliability on the security of the energy supplied by SBSP.
June 15, 2023
PRESS RELEASE : Boris Johnson Appointed to Three Hundreds of Chiltern [June 2023]

The press release issued by HM Treasury on 12 June 2023.

The Chancellor of the Exchequer has this day appointed Alexander Boris de Pfeffel Johnson to be Steward and Bailiff of the Three Hundreds of Chiltern.

June 15, 2023
PRESS RELEASE : Nigel Adams Appointed to Manor of Northstead [June 2023]

The press release issued by HM Treasury on 12 June 2023.

The Chancellor of the Exchequer has this day appointed Nigel Adams to be Steward and Bailiff of the Manor of Northstead.

June 15, 2023
PRESS RELEASE : Climate and Tech investment to supercharge UK-India development partnership ahead of G20 meeting [June 2023]
The press release issued by the Foreign Office on 12 June 2023.

International Development Minister Andrew Mitchell is in India for the G20 and to announce new climate and tech partnerships.
- announcement of new climate and tech partnerships to benefit all by tackling global challenges, as Development Minister Andrew Mitchell attends the G20 Development Ministerial Meeting in Varanasi today (Monday)
- he will join India and G20 partners in calling for reinvigorated efforts to to meet the UN’s Sustainable Development Goals
- the new UK support includes funding for a tech start-up focussed on sustainable agriculture, including through growing vegetables in an environmentally-friendly way
International Development Minister Andrew Mitchell is in India for the G20 starting today (Monday) – and to boost UK-India cooperation on development including through climate and tech partnerships.

He will reinforce at the gathering in Varanasi how the UK’s partnerships and investments are having a multiplier effect in tackling the biggest shared challenges of today – including climate change, poverty and food insecurity.

The G20 Development Ministerial meeting in Varanasi is laying the groundwork to accelerate progress towards the Sustainable Development Goals ahead of the G20 Leader’s Summit in New Delhi this September.

At the G20, the UK emphasised the need to redouble global efforts to tackle the climate crisis and shocks facing the most vulnerable countries demonstrating our position as a development leader set out earlier this year.

New UK programmes announced in India include an investment of £10 million in Avaana Fund, a women-led climate-tech fund which supports innovative businesses to develop solutions to climate change and create jobs for women in sectors such as clean energy, energy storage and agriculture.

An investment of £12 million from the UK government-supported Neev II fund will go to Nutrifresh, an Agri-Tech start-up enterprise focused on making agriculture more sustainable by growing vegetables in an environmentally friendly way.

Yesterday (Sunday), Minister Mitchell visited the Chakr Innovation research lab in Delhi, which is developing cutting-edge tech to tackle climate challenges.

The UK-supported lab is now developing innovative batteries for e-vehicles which do not need charging infrastructure and are fully recyclable, providing a cleaner and safer alternative to older lithium tech. The lab has previously developed devices that capture pollution-causing emissions and convert it to pigment for black inks and paints.

Targeted investments like these play a central role in tackling climate change and supporting sustainable development. They improve access to clean energy, create jobs and boost economic growth, all of which are vital to ending poverty.

UK Minister for Development Andrew Mitchell said:

We commend India for putting development and the needs of the poorest and most vulnerable at the heart of its G20 Presidency. The UK is committed to working with G20 partners to tackle the climate crisis and reduce poverty.

The UK’s new investments in India will deepen our collaboration, underlining the UK’s focus on mutually beneficial partnerships. Make no mistake: these investments benefit the British taxpayer while delivering world-changing solutions. I am proud that the UK is supporting such visionary and innovative endeavours that are needed to achieve development progress across the globe.

The investments will strengthen the UK’s trading relationship in the region and help drive growth – one of the government’s five priorities

Christina Scott, Acting British High Commissioner to India, said:

The investments highlight the UK’s commitment to delivering the 2030 Roadmap – a partnership that delivers for both our countries.

As set out in the UK’s International Development Strategy, we are focused on delivering clean and green infrastructure and creating opportunities for women and girls.

Further Information
- Minister Andrew Mitchell’s 2-day (11 to 12 June) visit to India will include engagements in Delhi and Varanasi
- the 2030 Roadmap for India-UK future relations was launched in 2021. Since then, significant progress has been made, including on health collaboration, advancing the transition to clean energy, cyber-security cooperation and the expansion of our defence and security partnership
- the UK’s development finance institution and impact investor British International Investment helps to solve the biggest global development challenges by investing flexible capital to support private sector growth and innovation. British Investment Partnership work with India towards green transition, investing in sustainable agriculture, reducing the pressure on natural resources and creating new jobs
- The Neev II fund invests in small and medium enterprises (SMEs) that focus on limiting and increasing resilience to climate and environmental changes and are aiding India in meeting its carbon emissions reduction targets by 2030
June 15, 2023