Prime Minister Rishi Sunak is set to advocate for a more peaceful, stable, and prosperous world economy, along with bold reforms in global governance to make it more
inclusive and responsive to citizens, at the G7 Leaders Summit in Italy today (Friday, 14 June).
During a global outreach session focusing on Artificial Intelligence, Energy, Africa, and the Mediterranean, Sunak will emphasize the need to reform the international financial system. This reform aims to unlock the necessary finance to accelerate progress on the Sustainable Development Goals, while amplifying the voices of the most vulnerable in global politics.
The Prime Minister will stress the importance of supporting countries in their clean energy transitions and harnessing AI's opportunities. To support these efforts, he will announce multi-year Official Development Assistance (ODA) funding potentially exceeding £100 million. This includes several high-impact projects in Africa and a £20 million expansion of the AI for Development programme into Asia, building on the £38 million already invested in Africa.
Prime Minister Rishi Sunak's said:
"The UK is committed to driving a more effective international system that improves lives globally and at home. The green transition and AI development are key components of this, and today's funding will help ensure these seismic changes benefit everyone."
The AI for Development programme, launched at the Bletchley Park AI Safety Summit in November 2023, aims to fund safe and responsible AI projects worldwide, starting in Africa. The UK-Canada partnership, with support from the US, Australia, and other partners, will ensure this groundbreaking technology is accessible globally. Additionally, it will establish new AI labs to train future developers, policymakers, and thought leaders in responsible and inclusive AI policy.
Funding Breakdown:
£57 million ODA for Climate Compatible Growth Programme: Accelerates the rollout of climate-resilient infrastructure in developing countries across sub-Saharan Africa and Asia.
£35 million for the Alliance for Green Infrastructure in Africa: Catalyzes investment in sustainable infrastructure projects to bridge Africa's infrastructure deficit.
£15 million for Zambian Energy Infrastructure: Part of a $300 million project to link the Southern and East African Power Pools, aiding Zambia's access to clean energy and supporting economic development.
£300,000 for British Geological Survey in Angola: Supports economic development along the Lobito Corridor through mapping initiatives.
£500,000 for Green Infrastructure Planning with Kenya: Focuses on transport projects from the Africa Green Industrialisation Initiative, enhancing cooperation with the Kenyan Government and the G7.
These commitments highlight the UK's dedication to fostering global good through strategic investments in AI, clean energy, and sustainable infrastructure, reinforcing its role as a global leader in development and innovation. Photo by Chris McAndrew, Wikimedia commons.