Private finance will help solve green energy problem: Edward Davey5 min read 25 Aug 2014, 01:15 AM IST
Davey says all countries need to work to counter climate change, but it is important that developed nations commit to do a lot more than developing countries
New Delhi: Private finance, rather than public funds, will solve the issue of technology transfers from developed to developing countries such as India, UK’s secretary of state for climate change and energy Edward Davey said. “In the UK, we are attracting billions of pounds into renewable energy from the private sector, and not the public purse, and I am sure this can be replicated in India," he said.
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