More

    IPEF to organise Clean Economy Investor Forum

    CountriesAsia PacificIPEF to organise Clean Economy Investor Forum
    - Advertisment -

    IPEF to organise Clean Economy Investor Forum

    The IPEF Clean Economy Investor Forum is one of the initiatives under the IPEF. It brings together the region’s top investors, philanthropies, financial institutions, innovative companies, start-ups and entrepreneurs.

    The Indo-Pacific Economic Framework for Prosperity (IPEF) is calling for applications from tech companies and startups as it aims to mobilize investments into sustainable infrastructure, climate technology and renewable energy projects. This is also an opportunity to showcase Indian investible sustainable infra projects on electric vehicles and solar power.

    The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched in May 2022 and currently includes 14 partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, United States and Vietnam to provides a platform for countries in the region to collaborate on advancing resilient, sustainable, and inclusive economic growth. It aims to contribute to cooperation, stability and prosperity in the region.

    The IPEF comprises four pillars of cooperation namely: Trade, Supply Chain, Clean Economy and Fair Economy.

    The IPEF Clean Economy Investor Forum is one of the initiatives under the IPEF. It brings together the region’s top investors, philanthropies, financial institutions, innovative companies, start-ups and entrepreneurs. The Forum aims to mobilize investments into sustainable infrastructure, climate technology and renewable energy projects.

    - Advertisement -

    The Department of Commerce is the nodal agency for the IPEF engagements in India, and the IPEF Clean Economy Investor Forum is managed by Invest India, India’s National Investment Promotion Agency.

    Apart from showcasing India’s leadership position in the Clean Economy space and the various innovate solutions driving it, India will showcase some of the large infrastructure projects in clean economy and top climate tech companies to the global investors for investment opportunities.

    The forum offers opportunity for the Indian industry in the two following tracks:

    • Climate Tech Track:  Under this track, IPEF Clean Economy Investor Forum is holding an open call that aims to recognise the top climate tech companies and start-ups among the member countries and present them to global investors. Climate tech entrepreneurs and companies in India may apply under this track.
    • Infrastructure Track: Under this track, India will showcase selected investible sustainable infrastructure projects at the 2024 Forum. The sectors of focus are-energy transition (e.g electric gird; renewable energy, including solar, and onshore wind; sustainable aviation fuel; battery storage; hydrogen; green data centers), transport and logistics (e.g. Electric Vehicle, EV charging points), waste management/waste to energy.

    The applications will be evaluated by regional and industry experts and the top 100 companies will be announced in early May 2024 and shortlisted companies will be invited to showcase and pitch at the Investor Forum in Singapore on 5 and 6 June 2024. The projects that are ready, or expected to be ready, for private investment during the next 18 months will be given priority for showcasing at the forum.

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest news

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

    Legal Battle Brews Over Rampant Illegal Sand Mining in Meghna River

    The massive profits coupled with a weak legal framework have drawn influential individuals with political connections into the sand mining business, making it dangerous for environmental activists and journalists to speak out.
    - Advertisement -

    Yunus Warns of ‘War-Like Situation’ Amid Political Crisis and Rising Tensions

    The high-stakes meeting brought together 20 leaders from various political parties and organisations in two separate sessions, as Yunus sought to shore up support amid reports of internal tensions within his interim government and growing external pressure.

    Vice President Calls for Direct Subsidies and Agri-Entrepreneurship at Madhya Pradesh Conclave

    He urged agro-based industries, NGOs, MPs, and MLAs to adopt villages and help build agri-entrepreneurial ecosystems.

    Must read

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    - Advertisement -

    More from the sectionRELATED
    Recommended to you