Investing in a Sustainable Future: India's Push for Clean Economy at Indo-Pacific Investor Forum
Key Ideas
  • Commerce Secretary Barthwal emphasized India's USD 500 billion clean energy investment potential by 2030, including green hydrogen projects.
  • The forum led to USD 23 billion in investment opportunities for sustainable infrastructure in the Indo-Pacific, with a focus on climate tech startups.
  • The IPEF Catalytic Capital Fund, backed by countries like Australia, Japan, and the US, aims to support clean economy infrastructure projects in emerging economies.
  • An Offtake Agreement was signed to boost green ammonia production in India for export to Japan, aligning with India's National Green Hydrogen Mission.
The inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum brought together top investors, start-ups, and companies to drive investments in sustainable infrastructure and renewable energy. Commerce Secretary Barthwal highlighted India's vast clean energy investment opportunities, including green hydrogen. The event saw over 300 participants engaging in Sustainable Infrastructure and ClimateTech tracks, leading to USD 23 billion in investment prospects. Notably, Indian companies and start-ups were selected to pitch innovative ideas. The forum resulted in the launch of the IPEF Catalytic Capital Fund to support clean economy projects, and an agreement was signed for green ammonia production in India. India's Chief Negotiator for IPEF emphasized the significance of the forum in integrating Indian companies into global value chains. The sentiment throughout the article is positive, focusing on collaborative efforts and investment potential for a sustainable future in the Indo-Pacific region.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.