Sharma was born in Agra, Uttar Pradesh, India, and moved to Reading with his parents when he was five years old. He is a Hindu.[7][8] His father, Prem, was involved in Conservative politics in Reading, and became chairman of the Berkshire area of Conservatives before helping to establish the Conservative Friends of India.[9]
Sharma is a governor of a local primary school in Reading. Previously he served as a chairman of the political think-tank the Bow Group's Economic Affairs Committee.
In the 2017 general election, he won his seat with a reduced majority of 2,876.[14] On being re-elected, Sharma wrote on his website: "Having grown up locally in Reading and being very much a local Reading man, I am delighted to have been re-elected for a constituency in my home town".[15]
Following the death of two cyclists in Purley on Thames, Sharma campaigned in 2014 for longer prison sentences for those convicted of death by dangerous driving.[23] Sharma initiated a Parliamentary debate on the issue[24] and backed a petition, started by the families of victims, which gained more than 55,000 signatures.[25][26]
Sharma campaigned to reduce the number of first-class carriages on trains operating on the Great Western route between Reading and London. In January 2015, he held a meeting with Rail Minister Claire Perry and First Great Western managing director Mark Hopwood to discuss proposals to increase Standard Class capacity to reduce overcrowding.[27]
In 2016, Sharma was appointed as the Prime Minister's "Infrastructure Envoy to India" [12] and was a key member of the UK team responsible for ensuring that the first ever “masala” or rupee-denominated bond, issued outside of India by an Indian company, was listed on the London Stock Exchange, strengthening further London's position as a pre-eminent world financial centre.[28][29][30]
As the Minister of State for Housing, Sharma was responsible for the Government's response to the Grenfell Tower fire. He attracted media attention when he was visibly moved while making a statement to the House of Commons on 5 July 2017.[33][34]
During his time at the Department, Sharma set up the International Development Infrastructure Commission, which set out recommendations on boosting private capital investment into sustainable infrastructure.[37][38]
As Secretary of State, Sharma was one of the government's speakers at the daily coronavirus pandemic briefings from Downing Street.
In April 2020, Sharma led the Department's response to support businesses and jobs during the Coronavirus pandemic and chaired the UK Vaccine Taskforce's Ministerial Investment Panel.[40][41][42]
In June 2020, he appeared visibly unwell while delivering a statement in the House of Commons.[43] Although he underwent a test for COVID-19 which came back negative, the situation led to questions being raised about the government's decision to end the use of the virtual parliament and make MPs return to the House of Commons chamber. Certain employees of the Department for Business, Energy and Industrial Strategy were advised not to return to their work by the Public and Commercial Services Union, who said that there was a lack of evidence that the department had provided enough preventative measures against the virus.[44]
In July 2020, Sharma instructed officials to purchase half of OneWeb, a satellite communications company, for $500 million.[45] The company was purchased from Chapter 11 bankruptcy by the United Kingdom's government and Bharti Enterprises.
In November 2020, Sharma led on the Prime Minister's 10-point Plan for a Green Industrial Revolution [46][47] and an Energy White Paper.[48][49]
In addition to his appointment as Secretary of State for Business, Energy and Industrial Strategy on 13 February 2020, Sharma was also appointed President of the 2021 United Nations Climate Change Conference (COP26),[51] following the dismissal of Claire Perry O'Neill in January 2020. At that time the conference was planned for November 2020; in May 2020 it was rearranged for November 2021.[5] The Glasgow Climate Pact was negotiated at the conference under Sharma's Presidency.[52]
On 8 January 2021, Sharma left his position as Secretary of State to become President of COP26 on a full-time basis, and chair of the Climate Action Implementation Committee.[53] He moved to the Cabinet Office and retained his status as a full member of the cabinet.[54] Sharma formally served as a Minister of State in the Cabinet Office.[55]
Amid the July 2022 Conservative Party leadership election, Sharma threatened to resign if the winning candidate did not remain committed to the UK's net zero targets.[56] He was reappointed to his role by the Truss ministry on 6 September 2022.[57] Upon the appointment of Rishi Sunak as Prime Minister, Sharma retained the Presidency for COP26 but was removed from cabinet.[1] Sharma left office on 20 November 2022 following the closing plenary of COP27 held in Sharm El Sheikh, Egypt.[58]
After standing down as an MP, Sharma was nominated for a life peerage in the 2024 Dissolution Honours.[60][61][62] He was created Baron Sharma, of Reading in the Royal County of Berkshire, on 20 August 2024.[63]
Sharma supported the opening in his Reading West constituency of one of the first free schools in England: All Saints Junior School opened in September 2011 and received an 'outstanding' rating in its first Ofsted report.[69]
Sharma has also been appointed a patron of the Wren School, a new secondary free school opening in west Reading in September 2015. Sharma supported the West Reading Education Network in getting the new school approved and is helping the school to find an appropriate permanent site.[70][71]
Heathrow Airport
Sharma has been a vocal supporter of the expansion of Heathrow Airport and has spoken in support of increasing the number of airport runways in the South East of England, claiming that "a lack of hub capacity is costing the United Kingdom jobs and investment".[72][73] This is despite opposition in his own constituency. In 2009 he had opposed the third runway for the environmentally unsustainable way it was being planned and had said: "A third runway at Heathrow would inflict huge damage to the environment and to the quality of life of millions of people. It is time for the government to abandon its plans for a third runway and, if a conservative government is elected, we will certainly stop this environmental disaster". He has argued that the expansion needs to be environmentally sustainable.[74]
East West Leaders' Forum
Sharma set up the East West Leaders' Forum, a discussion forum between business leaders, to promote dialogue between the European Union, India and China. Theresa May, then Home Secretary, gave the keynote speech at the inaugural event, held in London in September 2014.[75][76]
Brexit
Sharma supported the United Kingdom remaining within the European Union prior to the 2016 referendum.[77] He backed Prime Minister Theresa May's Brexit withdrawal agreement in early 2019,[78] and subsequently supported Prime Minister Boris Johnson's withdrawal agreement in October 2019.[79]
Personal life
Sharma is married and lives in Caversham, Reading, with his wife and two daughters.[10] His wife is Swedish.[80][81] Sharma took his oath in the House of Commons on the Bhagavad Gita in 2019.[82]