The UK government’s development finance institution British International Investment (BII) plans to invest about $1 billion in Indian climate-related projects by 2026, a top official said, drawn to the country’s expanding renewable energy capacity.
“We are evaluating exciting businesses in sectors such as bio-fuels, circular economy … as part of the vision for the 2030 roadmap agreed between India and the UK,” Nick O’Donohoe, CEO of BII told Reuters on Tuesday.
