Prime Minister Keir Starmer and Prime Minister Narendra Modi signed the India-UK Vision 2035 on July 24, 2025, a strategic plan to address global issues and enhance bilateral ties. Under the ‘BRISK‘ framework (Business, Research, Innovation, Science & Technology, and Knowledge), the document describes collaboration across critical sectors with a focus on nuclear energy, carbon capture, and climate finance.

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Key Highlights at a Glance

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Strategic Partnership & Trade Synergies

Vision 2035 redefines the India-UK relationship through expanded cooperation in trade, technology, defense, education, and climate action. To increase bilateral trade and investment, this agreement serves as a supplement to the Comprehensive Economic and Trade Agreement (CETA), which was signed concurrently.

This forward-thinking partnership is based on the BRISK framework, which tackles topics ranging from climate security to economic resilience. Additionally, it indicates support for innovation-driven development and common democratic principles.

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Energy, Climate, and Tech Cooperation

Clean energy is an important area of collaboration. The two countries will work jointly on nuclear security, as well as waste management and the decommissioning of obsolete plants, through the expanded India-UK Nuclear Cooperation Agreement. Next-generation atomic technologies, including small modular reactors (SMRs), scalable, low-carbon options, will be the focus of such collaboration.

In pursuit of tackling climate change, funding from the Net Zero Innovation Partnership will support research and development in carbon capture, use, and storage (CCUS). To support the establishment of sustainable business practices, India and the UK plan to roll out a Carbon Credit Trading Scheme (CCCTS).

A holistic approach to green growth is indicated by further collaboration across renewable energy, hydrogen, sustainable transport, energy storage, and battery development.

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Financing a Green Future

The significance of green financing is crucial. In addition to working to reform international financial institutions to assist developing nations, the UK promised to mobilize affordable climate funding for India. Financing in fields like sustainability, asset management, and artificial intelligence will be made possible by the India-UK Financial Partnership (IUKFP).

Task forces on energy storage, grid modernization, and offshore wind development will be formed between India’s CERC and the UK’s OFGEM to promote energy transformation. Investments in cleantech startups and sustainable infrastructure will be directed by complementary programs, such as the Development Capital Investment Partnership and the UK-India Infrastructure Financing Bridge (UKIIFB).

The India-UK Vision 2035 demonstrates a renewed commitment to leveraging innovation, finance, and technology to address shared challenges. With its focus on nuclear power, CCUS, and green finance, the plan sets the stage for significant cooperation on climate change between the two countries, driving progress toward a more resilient, low-carbon future.

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