- The U.S. and U.K. have announced the Atlantic Declaration, a partnership focused on energy transition and emerging technologies critical to national security, with the aim of deepening trade and investment ties, diversifying supply chains, and reducing strategic dependencies on adversarial powers like China and Russia.
- The partnership covers areas such as semiconductors and AI, with both countries working on AI regulations that address key risks without constricting innovation. However, a broader U.S.-U.K. free-trade agreement promised in 2019 remains to be seen.
- China is a top AI player but has an advantage in ignoring privacy issues for surveillance and facial recognition, while the Atlantic Declaration aims to help the U.S. and U.K. keep up with China’s technological advancements while addressing key risks and ethical concerns.
Washington D.C, USA – President Joe Biden and UK Chancellor of the Exchequer, Rishi Sunak, announced a new partnership on clean energy and new technologies with a goal to accelerate the transition to a low carbon economy.
The partnership, which was announced at the virtual G7 Finance Meeting, aims to bolster cooperation between the US and UK on climate change, and promote the development of sustainable technologies.
President Joe Biden stated, “The United Kingdom and the United States must continue to lead the world in tackling climate change, and this partnership will help us achieve that goal. By working together, we can accelerate the transition to clean energy and create new job opportunities in both our countries.”
The partnership will see the US and UK collaborate on a range of initiatives, including investing in clean energy production, accelerating the deployment of clean energy technology, and promoting the research and development of new technologies to reduce carbon emissions.
Chancellor Rishi Sunak said, “As we build back better and greener from the pandemic, we have a once-in-a-generation opportunity to create sustainable, inclusive growth across our economies. The UK and US are natural partners in this endeavour, and by working together, we can help to unlock the potential of clean energy and create new opportunities for our people.”
The partnership comes ahead of the COP26, the United Nations Climate Change Conference, which will be held in Glasgow in November. It sends a clear signal from two of the world’s largest economies that they are committed to working together to tackle the climate crisis.
Overall, the partnership is a positive step towards a greener future and will help to drive innovation and investment in clean energy and new technologies.