In an important side event organised during the visit of UK Prime Minister David Cameron, the UK-India Business Leaders Climate Group met on Thursday to discuss laying down of a charter of principles, actions and mechanisms to cut carbon emissions and identify business opportunities to fight climate change in both the countries.

Cameron, who launched the group in February before becoming the UK Prime Minister, had said, “This group has a clear mandate to help tackle climate change in a pro-business, pro-green growth, pro-innovation way.”

The mandate is sought to be achieved through creation of opportunities for low-carbon business solutions in both the countries. These are sought to be identified by deliberations between group members as well as interviews conducted with them and others by ICF Consulting.

Giving an example, John Banham, chairman, Johnson Matthey, who is also co-chair of the the UK-India Business Leaders Climate Group, told FE, “We would come up with proposals on how to provide electricity in a sustainable way to 450 million people in India, who lack access to it.”

Elaborating further, Genevieve Anderson, executive director, UK-India Business Leaders Climate Group, added, “The charter would broadly focus on the role of the p...