India Leads in Climate Tech Innovation and Investment at IPEF Forum
Key Ideas
  • Indian companies shine: 10 Indian firms selected among top 100 climate tech start-ups, with 25 Indian companies pitching projects to global investors.
  • Huge investment opportunities: India offers over USD 500 billion in clean energy value chain by 2030, including renewables, green hydrogen, and EV infrastructure.
  • Catalyzing investments: The IPEF forum led to USD 23 billion in investment opportunities for sustainable infrastructure projects in the Indo-Pacific region.
  • Green hydrogen agreement: Sembcorp Green Hydrogen India signs agreement to export 200 KTPA green ammonia to Japan, aligning with India's National Green Hydrogen Mission.
The Indian delegation, under the leadership of Secretary Shri Sunil Barthwal, actively participated in the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Delhi. The forum aimed to mobilize investments into sustainable infrastructure, climate technology, and renewable energy projects. Shri Barthwal highlighted India's immense investment opportunities exceeding USD 500 billion in clean energy by 2030, emphasizing renewables, green hydrogen, and EV infrastructure. The event saw 10 Indian start-ups and companies selected to pitch innovative climate tech solutions. It resulted in USD 23 billion investment opportunities and the operational launch of the IPEF Catalytic Capital Fund to support clean economy infrastructure projects. The agreement between Sembcorp Green Hydrogen India, Kyushu Electric, and Sojitz to export green ammonia further showcases India's commitment to green hydrogen production and export. The forum also facilitated discussions on sustainable infrastructure investment, bridging the gap between innovators and investors, and trade policies for sustainable growth. Overall, the sentiment towards hydrogen and climate tech in the article is positive, highlighting India's leadership and commitment to sustainable development.
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