India, UK Sign Up to New Climate Finance Initiative
The Indian and UK governments on Thursday agreed a new tie-up to finance inclusive, resilient and sustainable infrastructure in India by harnessing public and private capital to meet the country’s low-carbon goals.
Climate Finance Leadership Initiative (CFLI) India initiative, which is backed by the City of London Corporation and led by Bloomberg’s CFLI, was announced at the 11th UK-India Economic and Financial Dialogue (EFD) held via video conference between finance minister Nirmala Sitharaman and her British counterpart Rishi Sunak.