The clean economy investor forum organised by the Indo-Pacific Economic Framework for Prosperity (IPEF) commences in Singapore on June 5, with the arrival of the Indian delegation. Led by Commerce Secretary Sunil Barthwal and Additional Secretary Rajesh Agrawal, senior officials from the commerce ministry are attending the two-day event.

Over 150 investors are expected to participate, where Indian projects will be presented. The IPEF, established in May 2022, currently comprises 14 partners including Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the US, and Vietnam.

The framework aims to foster collaboration among regional countries to promote resilient, sustainable, and inclusive economic growth, contributing to cooperation, stability, and prosperity. Its four pillars of cooperation include trade, supply chain, clean economy, and fair economy. While India is not involved in the trade pillar, it actively participates in the clean economy initiatives.

Managed by Invest India, the IPEF Clean Economy Investor Forum seeks to mobilise investments in sustainable infrastructure, climate technology, and renewable energy projects. India will highlight its leadership in the clean economy sector, showcasing innovative solutions and large infrastructure projects to attract global investors.

The forum offers two tracks for Indian industry participation: climate technology and infrastructure. Under the climate tech track, top climate tech companies and start-ups from member countries will be recognised and presented to global investors. In the infrastructure track, India will showcase sustainable infrastructure projects in sectors like energy transition, transport and logistics, and waste management to potential investors.

Indian investors interested in investing in IPEF partner countries in either track are encouraged to participate in the forum, providing ample networking and investment opportunities.

(Source: ET)