The IPEF block comprises four pillars of cooperation namely trade, supply chain, clean economy and fair economy. The IPEF was launched in May 2022 and currently includes 14 partners, namely Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, United States and Vietnam.
The government has invited applications from domestic climate tech entrepreneurs and companies to participate in the meeting. “The last date to apply is April 26 and the applications will be evaluated by regional and industry experts. The top 100 companies will be announced in early May 2024 and short-listed companies will be invited to showcase and pitch at the investor forum in Singapore on June 5-6,” the commerce ministry said in a statement. Besides, the ministry also said that the IPEF Clean Economy Investor Forum is one of the initiatives under the framework where it brings together the region’s top investors, philanthropists, financial institutions, innovative companies, start-ups and entrepreneurs. “The forum aims to mobilise investments into sustainable infrastructure, climate technology and renewable energy projects,” it added.
