The Indo-Pacific Economic Framework for Prosperity (IPEF) has announced its upcoming Clean Economy Investor Forum, scheduled to take place in Singapore on 5th - 6th June 2024. This forum, a significant initiative under the IPEF launched in May 2022, aims to galvanize investments into sustainable infrastructure, climate technology, and renewable energy projects across the region.
Objectives of the Forum
The Clean Economy Investor Forum serves as a platform to mobilize investments that contribute to building a more sustainable future. By focusing on sustainable infrastructure, climate technology, and renewable energy, the forum aims to address pressing environmental challenges while fostering economic growth and prosperity in the Indo-Pacific region.
Key Highlights
Mobilizing Investments: The forum will bring together investors, climate tech entrepreneurs, and companies from member countries to explore investment opportunities in clean and renewable energy projects. By showcasing innovative solutions and promising startups, the forum aims to attract funding towards impactful initiatives that drive environmental sustainability and economic development.
Recognition of Climate Tech Companies: As part of the forum, top climate tech companies and startups from member countries will be recognized for their contributions to advancing clean energy and environmental conservation. This recognition not only highlights their achievements but also provides them with a platform to connect with global investors and expand their reach.
Global Investor Engagement: The forum provides a unique opportunity for climate tech entrepreneurs and companies in India and other member countries to present their projects and initiatives to global investors. By facilitating networking and collaboration between entrepreneurs and investors, the forum seeks to accelerate the transition towards a clean and sustainable economy in the Indo-Pacific region.
IPEF Pillars of Cooperation
The Indo-Pacific Economic Framework for Prosperity (IPEF) is built on four pillars of cooperation: Trade, Supply Chain, Clean Economy, and Fair Economy. By fostering collaboration across these pillars, the IPEF aims to promote economic growth, trade facilitation, and sustainable development in the region.
Member Countries
The IPEF comprises 14 country partners, including Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Vietnam. By bringing together diverse stakeholders from these countries, the forum creates opportunities for cross-border collaboration and partnership to address shared challenges and pursue common goals.
The IPEF Clean Economy Investor Forum represents a significant step towards promoting sustainable development and environmental conservation in the Indo-Pacific region. By mobilizing investments, recognizing innovative solutions, and fostering global collaboration, the forum contributes to building a resilient and prosperous future for all.
