IPEF Clean Economy Investor Forum

On June 6th, 2024, Indian delegation, led by Secretary, Department of Commerce, participated in the inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.

The Forum brought together the region’s top investors, clean economy companies, and start-ups to mobilise investments into sustainable infrastructure, climate technology, and renewable energy projects.

Key Points

Sustainable Infrastructure & Climate Tech Engagement Tracks: During the two-day event, more than 300 participants from financial institutions, multilateral development banks, venture capital funds, project owners, entrepreneurs and government agencies from IPEF partners participated under the Sustainable Infrastructure and Climate Tech engagement tracks.
Sustainable Infrastructure track: Four companies (ReNew Power, Avaada Energy Pvt. Ltd, Indusbridge Capital Advisors LLP. Founder, SEIP, and Powerica Limited) from India were shortlisted for pitching their concepts on energy transition, transport and logistics, and waste management/waste to energy to global investors.
ClimateTech track: 10 Indian start-ups and companies (BluSmart, Recykal, LOHUM, Sea6 Energy, EVage Ventures Private Limited, Kabira Mobility Private Limited, Batx Energies Private Limited, Newtrace and Alt Mobility, igrenEnergi, Inc.) were selected to pitch their innovative ideas, technologies and solutions that contribute to mitigating or adapting to climate change.
Catalysing Investment: The first-of-its-kind Forum resulted in USD 23 billion in investment opportunities for sustainable infrastructure projects in the Indo-Pacific region.