In May 2022, the Indo-Pacific Economic Framework for Prosperity (IPEF) was established with the participation of 14 nations, including Australia, India, Japan, and the United States. This collaboration aims to promote regional economic growth and sustainability through four key pillars: Trade, Supply Chain, Clean Economy, and Fair Economy.
One of the key initiatives under the IPEF is the Clean Economy Investor Forum, which brings together investors, financial institutions, and entrepreneurs to invest in sustainable infrastructure, climate technology, and renewable energy projects. Led by the Department of Commerce and overseen by Invest India, this forum will showcase India’s leadership in the Clean Economy sector by highlighting innovative solutions and offering investment opportunities in large-scale projects.
The Clean Economy Investor Forum consists of two main tracks: the Climate Tech Track and the Infrastructure Track. Applications are open until April 26, 2024. The top 100 companies will be announced in May 2024 and will present at the Investor Forum in Singapore on June 5-6, 2024. The Infrastructure Track will focus on investible sustainable projects in energy transition, transport logistics and waste management prioritizing projects ready for private investment within next eighteen months. This initiative reinforces Indo-Pacific region’s commitment to climate resilience and sustainable development inviting both Indian as well as international investors to participate in this transformative journey.
