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UK minister stresses need to tackle climate crisis at G20

New UK programmes announced in India also include an investment of £10 million in the Avaana Fund, a women-led climate-tech fund

UK minister stresses need to tackle climate crisis at G20

UK minister Andrew Mitchell attended the G20 development ministerial meeting in Varanasi on Monday (12), when the climate and tech partnerships were announced.

The new UK support includes funding for a tech start-up focusing on sustainable agriculture, including through growing vegetables in an environmentallyfriendly way.


Mitchell told the gathering about how the UK’s partnerships and investments are helping tackle the biggest shared challenges of today – including climate change, poverty and food insecurity. The meeting is laying the groundwork to accelerate progress towards the sustainable development goals ahead of the G20 leader’s summit in New Delhi this September.

At the G20, the UK stressed the need to redouble global efforts to tackle the climate crisis and shocks facing the most vulnerable countries.

New UK programmes announced in India also include an investment of £10 million in the Avaana Fund, a women-led climate-tech fund that supports businesses to develop solutions to climate change and create jobs for women in sectors such as clean energy, energy storage and agriculture.

An investment of £12m from the UK government-supported Neev II fund will go to Nutrifresh, an agri-tech start-up enterprise focused on making agriculture more sustainable by growing vegetables in an environmentally friendly way.

Mitchell joined India and G20 partners in calling for reinvigorated efforts to meet the UN’s sustainable development goals.

Last Sunday (11), the minister visited the Chakr Innovation research lab in Gurugram, near Delhi, which is developing cutting-edge tech to tackle climate challenges. The UK-supported lab is now developing innovative batteries for e-vehicles that do not need charging infrastructure and are fully recyclable, providing a cleaner and safer alternative to older lithium tech.

The lab has previously developed devices that capture pollution-causing emissions and convert them to pigment for black inks and paints.

Targeted investments such as these help tackle climate change and support sustainable development, a statement said.

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Netflix has approved a $25 billion share buyback programme, using capital it had kept aside for its failed bid to buy Warner Bros.
The board gave the green light on 22 April, with the decision disclosed in an SEC filing the next day.
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Earlier this year, Netflix pulled out of an $83 billion deal to acquire Warner Bros' streaming and studio assets after Paramount Skydance made a rival bid for Warner Bros. Discovery. Paramount then paid Netflix a $2.8 billion exit fee.

Co-CEOs Ted Sarandos and Greg Peters had already said the company would restart share buybacks once the deal was off.

Netflix shares have had a rough ride. They hit an all-time high of $134.12 in June 2025, then fell more than 40 per cent when the Warner Bros deal was announced.

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