Notice2024-07003
Indo-Pacific Economic Framework for Prosperity Clean Economy Investor Forum Solicitation of Applications for Participation
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 2, 2024
Issuing agencies
Commerce Department
Abstract
The International Trade Administration (ITA) seeks applications for the Department to consider recommending to the Government of Singapore (Singapore) for participation in the Indo- Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum (Forum) hosted by Singapore on June 5-6, 2024. The Forum was announced on November 16, 2023, in the Joint Statement following an IPEF Ministerial meeting. The Forum participants will help advance the climate objectives of the proposed IPEF Clean Economy Agreement by helping facilitate investments in climate-related projects in the Indo- Pacific region. ITA is seeking applications from the U.S. private sector for ITA to consider recommending to Singapore. This notice withdraws and supersedes a notice and request for applications published March 28, 2024.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 64 (Tuesday, April 2, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 64 (Tuesday, April 2, 2024)]
[Notices]
[Pages 22664-22666]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-07003]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
[Docket No. 240326-0089]
Indo-Pacific Economic Framework for Prosperity Clean Economy
Investor Forum Solicitation of Applications for Participation
AGENCY: International Trade Administration, U.S. Department of
Commerce.
ACTION: Notice of withdrawal; reissuance of request for applications.
-----------------------------------------------------------------------
SUMMARY: The International Trade Administration (ITA) seeks
applications for the Department to consider recommending to the
Government of Singapore (Singapore) for participation in the Indo-
Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor
Forum (Forum) hosted by Singapore on June 5-6, 2024. The Forum was
announced on November 16, 2023, in the Joint Statement following an
IPEF Ministerial meeting. The Forum participants will help advance the
climate objectives of the proposed IPEF Clean Economy Agreement by
helping facilitate investments in climate-related projects in the Indo-
Pacific region. ITA is seeking applications from the U.S. private
sector for ITA to consider recommending to Singapore. This notice
withdraws and supersedes a notice and request for applications
published March 28, 2024.
DATES: The IPEF Clean Economy Investor Forum will take place on
Thursday and Friday, June 5-6, 2024.
Applications for participation should be submitted by 5 p.m. EST on
April 16, 2024. Applications submitted in response to the notice
published March 28, 2024 need not be resubmitted.
ADDRESSES: Interested companies should submit their applications for
immediate consideration to ITA at <a href="/cdn-cgi/l/email-protection#d29b8297949bbca4b7a1a6bda094bda0a7bf92a6a0b3b6b7fcb5bda4"><span class="__cf_email__" data-cfemail="7831283d3e31160e1d0b0c170a3e170a0d15380c0a191c1d561f170e">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Ava Jamerson, Policy Advisor, Office
of the Under Secretary of Commerce for International Trade, 1401
Constitution Avenue NW, Washington, DC 20230; email:
<a href="/cdn-cgi/l/email-protection#17766176397d767a726564787957636576737239707861"><span class="__cf_email__" data-cfemail="59382f38773338343c2b2a3637192d2b383d3c773e362f">[email protected]</span></a>; telephone: 202.823.0686. For additional
information about IPEF, please visit: <a href="https://www.commerce.gov/ipef">https://www.commerce.gov/ipef</a>.
You can find the latest information about the Clean Economy Pillar at:
<a href="https://www.commerce.gov/ipef/pillar-iii">https://www.commerce.gov/ipef/pillar-iii</a> and at <a href="https://www.commerce.gov/sites/default/files/2023-11/US-Factsheet-SF-Pillar-III.pdf">https://www.commerce.gov/sites/default/files/2023-11/US-Factsheet-SF-Pillar-III.pdf</a>.
SUPPLEMENTARY INFORMATION:
[[Page 22665]]
I. Background
This notice withdraws a notice published on March 28, 2024 (89 FR
21488) and reissues, with corrected information, a request for
applications to be considered for participation in the Indo-Pacific
Economic Framework for Prosperity Clean Economy Investor Forum.
In May 2022, the United States launched the Indo-Pacific Economic
Framework for Prosperity. IPEF is part of the Biden Administration's
commitment to strengthening ties with allies and partners and tackling
21st Century economic challenges in the Indo-Pacific region.
IPEF seeks to advance resilience, sustainability, inclusiveness,
economic growth, fairness, and competitiveness for the 14 IPEF partner
economies--Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan,
Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore,
Thailand, the United States, and Vietnam. IPEF also will provide
tangible benefits that fuel economic activity and investment, promote
sustainable and inclusive economic growth, and benefit workers and
consumers across the region.
The IPEF partners are launching the inaugural IPEF Clean Economy
Investor Forum to catalyze investment for sustainable infrastructure
and climate technology across IPEF economies to advance the goals of
the proposed Clean Economy Agreement, which includes increasing
investment flows and financing for climate-related infrastructure,
technologies, and projects in the region. The proposed Clean Economy
Agreement outlines collaboration through a convening of private and
institutional investors to facilitate business matching and
investments, as well as sharing expertise and good practices on scaling
up clean technology and infrastructure investments.
The Forum is being hosted by Singapore on June 5-6, 2024, and will
be attended by the Secretary of Commerce and her counterparts from the
13 other IPEF partner countries. Its purpose is to convene a diverse
set of stakeholders from across the United States and the Indo-Pacific
region to gain market insights, make industry and government contacts,
solidify business strategies, and identify funding for specific
projects to advance the goals of the proposed Clean Economy Agreement.
The Forum will focus on the markets of the 14 partner economies
that are actively engaging in the proposed Clean Economy Agreement,
with a particular focus on emerging economies. The scope of climate
issues in which the Forum seeks to facilitate trade and investment will
be informed by issues covered in the proposed Clean Economy Agreement,
including efforts towards energy security and transition, climate
resilience and adaptation, and greenhouse gas emissions mitigation.
Each country will be asked to put forward individual
representatives from their countries' private sectors to participate in
the Forum for consideration by Singapore. Singapore will ultimately
select who to invite to the Forum. The International Trade
Administration seeks applications from the U.S. private sector to be
recommended as participants in the Forum, including but not limited to
investors, companies, and non-profit organizations.
II. Criteria
Singapore expects to invite approximately 20-50 participants from
the U.S. private sector, at its discretion. ITA is seeking applications
from the U.S. private sector, which it will consider based on the below
criteria. Through this process, ITA will prepare recommendations for
final approval by the Department and then share with Singapore for
Singapore's consideration and decision. ITA is primarily focused on
senior executives from organizations including investors, companies,
and non-profit organizations.
Interested companies should submit their applications for immediate
consideration to ITA according to the instructions in the DATES and
ADDRESSES headings above. The following criteria will be used to
identify prospective participants. These participants will be
considered through a holistic analysis and are not required to meet
each element listed below:
(1) Level of executive representation;
(2) Consistency of the applicant's goals and objectives with the
stated scope of the Forum;
(3) Alignment with the proposed Clean Economy Agreement objectives;
(4) Focus on IPEF markets, such as experience or demonstrated
interest in investing in the region in the next 18 months in one or
more IPEF markets;
(5) Ability to fulfill and support the objectives of the Forum
(e.g., significant funds and/or assets to support the types of projects
envisioned); and
(6) Headquarters in the United States.
The Department may consider other information as it deems relevant
and may request additional information/clarification from applicants.
The Department will consider applications previously submitted in
response to the withdrawn notice and request for applications published
on March 28, 2024 (89 FR 21488); applicants need not resubmit
information.
Please do not send company or organization brochures.
Applications received after April 16, 2024 will be considered only
if space and scheduling constraints permit and if Singapore continues
to accept recommendations.
Applicants selected to be recommended to Singapore will be
notified.
III. Request for Applications
To be considered, all applications should include the following
information, as applicable:
(1) Organization Name;
(2) U.S. State of Incorporation;
(3) Corporate Headquarters;
(4) Principal Place of Business;
(5) Main Address (Street Address, City, State, and Zip Code);
(6) List of Subsidiary or Affiliate Offices in Asia;
(7) Industry Area(s);
(8) Main Products and/or Services;
(9) A brief (up to three page) Statement of Interest explaining how
you meet the selection criteria listed above;
(10) Name, title, work email, phone number of your Chief Executive
Officer, President, Chief Investment Officer, or other senior executive
who would represent the organization at the Forum;
(11) Name, title, work email, and phone number of the main working-
level point of contact that will facilitate the senior executive's
participation in the Forum; and
(12) Name, title, work email, and phone number of one optional
accompanying staff person.
Public Burden Statement
A Federal agency may not conduct or sponsor, and a person is not
required to respond to, nor shall a person be subject to a penalty for
failure to comply with an information collection subject to the
requirements of the Paperwork Reduction Act of 1995 unless the
information collection has a currently valid OMB Control Number. The
approved OMB Control Number for this information collection is 0625-
0143. Without this approval, we could not conduct this information
collection. Public reporting for this information collection is
estimated to be approximately 1.5 hour per response, including the time
for reviewing instructions, searching existing data sources, gathering
and maintaining the data needed, and completing and reviewing the
information collection.
[[Page 22666]]
All responses to this information collection are voluntary. Send
comments regarding this burden estimate or any other aspect of this
information collection, including suggestions for reducing this burden
to the International Trade Administration Paperwork Reduction Act
Program: <a href="/cdn-cgi/l/email-protection#a8d8dac9e8dcdac9cccd86cfc7de"><span class="__cf_email__" data-cfemail="651517042511170401004b020a13">[email protected]</span></a> or to Katelynn Byers, ITA PRA Process
Administrator: <a href="/cdn-cgi/l/email-protection#064d6772636a7f686828447f63747546727467626328616970"><span class="__cf_email__" data-cfemail="4a012b3e2f263324246408332f38390a3e382b2e2f642d253c">[email protected]</span></a>.
Privacy Act Statement
The collection, maintenance, and disclosure of this information is
governed by the Privacy Act of 1974 (5 U.S.C. 552a). The Department of
Commerce is authorized to collect this information pursuant to
authorities that include but are not limited to: 15 U.S.C. 1512. The
principal purposes for which the Department will use the information is
to assist in selecting the U.S. representatives to recommend to
Singapore to participate in the Forum. Information received will be
maintained in COMMERCE/DEPT-23, Information Collected Electronically in
Connection with Department of Commerce Activities and Programs. One of
the routine uses for this information includes providing it to other
registrants, including the Government of Singapore, to facilitate
company/organization matchmaking (Routine Use 1). A complete set of
routine disclosures is included in the system of records notice,
published both in the Federal Register and on the Department's website
at: <a href="https://www.commerce.gov/opog/privacy/system-records-notice">https://www.commerce.gov/opog/privacy/system-records-notice</a>.
Disclosing this information to the Department of Commerce is voluntary.
However, if you do not provide this information, or only provide part
of the information requested, you may not be considered for selection
as U.S. representatives to the Forum.
Authority: 15 U.S.C. 1512.
Dated: March 28, 2024.
Diane Farrell,
Deputy Under Secretary for International Trade.
[FR Doc. 2024-07003 Filed 3-29-24; 11:15 am]
BILLING CODE 3510-25-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on April 2, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.