UK to increase energy price cap by 1.2 per cent
The United Kingdom's (UK) energy price cap is set to increase by 1.2 per cent from January to March 2025, the UK's energy regulator announced on Friday.
Prime Minister of Fiji, Prime Minister of Italy, Prime Minister of the United Kingdom were present on the occasion.
Prime Minister Narendra Modi addressed the opening ceremony of the International Conference on Disaster Resilient Infrastructure through a video conference.
Prime Minister of Fiji, Prime Minister of Italy, Prime Minister of the United Kingdom were present on the occasion. Participants from national governments, experts from international organisations, academic institutions and the private sector also participated in the conference.
Terming the current situation unprecedented, the Prime Minister said, “We are witnessing an event that is being termed a once-in-a-hundred-year disaster. COVID-19 pandemic has taught us that in an interdependent and interconnected world, country-rich or poor, in the east or west, north or south- is immune to the effect of global disasters.”
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The Prime Minister noted that the pandemic has shown how the world can come together. “The pandemic has shown us that innovation to address global challenges can come from anywhere,” said the Prime Minister. For this, Modi called for fostering a global ecosystem that supports innovation in all parts of the world, and its transfer to places that are most in need. The year 2021 promises to be a year of swift recovery from the pandemic, he hoped.
Prime Minister cautioned that the lessons from the pandemic must not be forgotten. They apply to not only public health disasters but other disasters as well. He said that it will take sustained and concerted efforts to mitigate climate change.
The Prime Minister stressed that countries that are making large investments in infrastructure, such as India, must ensure that this is an investment in resilience, and not in risk. Many infrastructure systems- digital infrastructure, shipping lines, aviation networks- cover the entire world and the effect of disaster in one part of the world can quickly spread across the world.
Cooperation is a must for ensuring the resilience of the global system. “As a global cooperation mechanism anchored in the global south, CDRI offers us a suitable platform for advancing this agenda. Infrastructure is developed for the long-term,” the Prime Minister said.
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