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The Accelerator will focus on high-standard outcomes, including strong worker and environmental protections.Īs part of the Accelerator, USTDA is launching an IPEF Project Preparation Facility that will bring in additional funding to support the full life-cycle of project preparation while leveraging experienced solutions from USTDA, including project planning, architectural and engineering design, transactional advisory services, feasibility studies, procurement assistance, and other technical assistance.

This new one-stop-shop will increase project-specific financing, upstream project development, and robust private sector engagement to the benefit of IPEF partners. Through the PGI IPEF Investment Accelerator, the United States will work with IPEF partners to develop country-tailored investment approaches targeting key sectors identified by the IPEF partners. The United States also announced a new PGI IPEF Investment Accelerator to scale high-standard project financing to drive sustainable economic growth in IPEF countries. The IPEF Clean Economy Investor Forum will bring together the region’s largest investors, innovative start-up entrepreneurs, cutting-edge project proponents, and government agencies for matchmaking and investment facilitation. In particular, IPEF partners will host an annual IPEF Clean Economy Investor Forum, beginning in 2024, to catalyze sustainable infrastructure and climate technology investments across IPEF economies that are party to the Clean Economy Agreement. Looking forward, the United States will continue to engage the private sector to orient around investment opportunities in emerging markets. Participants included IPEF Government Officials and Co-CEO of KKR Joseph Bae Chairman and CEO of BlackRock Larry Fink CEO of Citi Jane Fraser Founder and Chairman of Fortescue Andrew Forrest Founding Partner of Global Infrastructure Partners Matthew Harris Founding Partner, Chairman and CEO of Global Infrastructure Partners Adebayo Ogunlesi President, CIO and CFO of Alphabet and Google Ruth Porat Founder and CEO of RockCreek Afsaneh Beschloss and Founding Partner and Executive Chair of TPG Jim Coulter. Secretary of Commerce Gina Raimondo and Senior Advisor to the President Amos Hochstein hosted the PGI IPEF Investment Forum to discuss collaborative actions and shared priorities to increase private investment in the Indo-Pacific.

To help realize that future, the Partnership for Global Infrastructure and Investment (PGI) and Indo-Pacific Economic Framework for Prosperity (IPEF), will work with IPEF partners and the private sector to scale high-standard investments, create more resilient economies, and drive long-term sustainable development.

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The United States is committed to an Indo-Pacific that is free and open, connected, prosperous, secure, and resilient. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.