IPEF Clean Economy Agreement (2024)
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Section C. Advancing Low-Greenhouse-Gas Technologies and Solutions In the Industrial and Transport Sectors

Article 8. Advancing Low-Greenhouse-Gas Emissions and Solutions In Industries

1. The Parties recognize the importance of facilitating the research and development, commercialization, and deployment of effective, affordable, and clean technologies required to decarbonize industries, while taking into account the important role of such industries in their respective economies.

2. Each Party intends to promote means to generate greater demand for low- and zero- emission materials, technologies, and solutions in industries, which may include incentives or central government procurement.

3. The Parties recognize the importance of reducing, and intend to work towards the reduction of, greenhouse gas emissions in industries.

4. The Parties intend to cooperate on the development of product disclosure and measurement systems, and may take account of the impact on MSMEs, for embodied greenhouse gas emissions in relevant products, including industrial products and hydrogen and construction materials.

Article 9. Advancing Low- and Zero-Greenhouse-Gas Technologies and Solutions In Aviation, Maritime, Rail, and Road Transport

1. The Parties recognize the importance of decarbonizing and otherwise reducing the climate impacts of aviation, maritime, rail, and road transport. To this end, the Parties intend to:

(a) cooperate to facilitate the development, commercialization, availability, accessibility, deployment, and uptake of clean and innovative technologies to this end, and to advance policies and strategies that catalyze the use of low- and zero-emission transport;

(b) collaborate on the planning and management of low- and zero-emission transport in the region, where relevant;

(c) encourage development, adoption, and compatibility, as appropriate, of SAF refueling capabilities across borders and sustainable zero- and near-zero- emission fuel bunkering for shipping; and

(d) cooperate in other regional planning and management efforts as determined by the Parties.

2. The Parties further intend to promote initiatives to scale up the battery recycling market and its supply chains, which may include developing reuse, repurposing, and recycling standards for use of recycled content in the manufacture of new batteries, advancing research and development on new reuse, repurposing, and recycling technologies, and encouraging tracking systems for environmentally sound battery dismantling and processing.

Aviation

3. The Parties recognize the urgent need to address the climate impacts of aviation. To this end, the Parties intend to:

(a) work together to strive to achieve the collective long-term global aspirational goal (LTAG) for international civil aviation of net-zero carbon emissions by 2050, in support of the Paris Agreement's temperature goal, as adopted in the International Civil Aviation Organization (ICAO) Assembly Resolution A41- 21, recognizing that each Party's special circumstances and respective capabilities (for example, the level of development, maturity of aviation markets, sustainable growth of international aviation, just transition, and priorities of air transport development) will inform the ability of each Party to contribute to the LTAG within its own national timeframe;

(b) cooperate, as appropriate, to encourage broad participation in and enhanced implementation of the Carbon Offsetting and Reduction Scheme for International Aviation in the region in accordance with Volume IV of Annex 16 of the Chicago Convention, including through strong capacity-building activities that can facilitate participation; and

(c) cooperate to achieve the maximum possible level of progress on the implementation of aviation in-sector emissions reduction measures in the region, including:

(i) increasing the production and availability of SAF using lifecycle greenhouse gas emissions methodologies for SAF adopted by ICAO, including SAF that, compared to a petroleum-based jet fuel baseline, eliminates a majority of lifecycle greenhouse gas emissions, with a view towards also increasing production and availability of SAF that, through continued technological advancement, further significantly reduces emissions; and

(ii) diversifying regional SAF production pathways as well as promoting and developing regional SAF feedstocks.

Maritime

4. The Parties affirm the urgent need to decarbonize and otherwise reduce the climate impacts of maritime transport, and affirm their support for the 2023 IMO Strategy on Reduction of GHG Emissions from Ships.

5. The Parties intend to work towards increasing the production and availability in the region of zero or near-zero greenhouse gas emission technologies, fuels, or energy sources measured in accordance with the methodologies adopted by the IMO.

6. The Parties intend to cooperate on the development of a network of green shipping corridors and, as applicable, zero or near-zero greenhouse gas emission inland water transport. The Parties intend to initiate the establishment of at least five green shipping corridors in the region by 2027. Cooperation on green shipping corridors and, as applicable, zero or near-zero greenhouse gas emission inland water transport may include:

(a) feasibility studies and other foundational analyses needed as part of establishing green shipping corridors and zero or near-zero greenhouse gas emission inland water transport;

(b) demonstration projects at ports within the region that develop infrastructure or affordable technologies or that make available sufficient volumes of zero or near-zero greenhouse gas emission fuels measured in accordance with the methodologies adopted by the IMO;

(c) energy efficiency and operations optimization activities that reduce overall energy consumption aboard commercial vessels;

(d) convening of cities, ports, shipping and cargo enterprises, and other stakeholders, including representative workers' organizations, to prioritize actions and incentives that the Parties and stakeholders may pursue to support green shipping corridors and zero or near-zero greenhouse gas emission inland water transport development; and

(e) development of systems for monitoring, evaluating, reporting on, and sharing information on best practices concerning the impact of incentive schemes to promote zero or neat-zero greenhouse gas emission shipping and zero or near- zero greenhouse gas emission inland water transport.

Road and Rail

7. The Parties recognize the importance of accelerating the transition towards achieving net-zero emissions from road and rail transport, including through efficiency improvements, electrification, low- and zero-emission fuels, investments in public transit and active mobility, and transit-oriented development.

8. In that context, noting the range of pathways that the Parties are adopting, the Parties highlight the importance of rapidly decarbonizing the road transport sector and scaling up infrastructure and a vehicle fleet that supports zero-emission transport (for example, zero- emission vehicles and their associated infrastructure, and sustainable carbon-neutral fuels) over the coming decade. The Parties intend to work towards significantly increasing the sale, production, share, and uptake of zero-emission light-duty vehicles, including zero-emission public vehicle fleets; substantially reducing emissions from medium and heavy-duty vehicles; and significantly investing in charging and refueling infrastructure. To that end, the Parties intend to consider developing enabling policies, which may include the use of incentives, government procurement goals, or goals for production or sales. The Parties note the opportunities that these measures and policies offer to contribute to a highly decarbonized road transport sector, including contributing to a share of over 50 percent of zero-emission light- duty vehicles sold globally by 2030.

9. The Parties intend to cooperate on advancing the use of vehicle labeling schemes that provide transparency on energy use. Such cooperation may include exchanging views and best practices on the implementation of such schemes.

10. The Parties recognize the role of central government procurement in reducing government fleet emissions, including through significantly increasing acquisitions of zero- emission new passenger vehicles.

11. The Parties intend to support the expansion of electrification, battery power, and sustainable fuels for transport; the reduction of greenhouse gas emissions from the operation, maintenance, and construction of rail systems; and the expansion of rail networks, where beneficial, to provide a more efficient choice for passengers and goods shipments.

12. Each Party also intends to encourage all levels of government in their efforts to improve transport planning and in the design of land use and transport infrastructure, to enable a higher mode share of public transport and active transport, such as walking and cycling.

Article 10. Advancing Low-Greenhouse-Gas Technologies and Solutions In Economic Clusters

1. The Parties recognize the importance of economic clusters as engines of transition to clean economies, productivity, development, growth, and job creation. The Parties further recognize opportunities to promote clean energy and sustainable transport, including through low- and zero-carbon hydrogen hubs, and to decarbonize products and processes, as part of the Parties' efforts to reduce greenhouse gas emissions.

2. By 2030, interested Parties intend to identify existing economic clusters that are engaged in decarbonization projects and advance at least 20 new or upgraded economic clusters distributed across the region, focused on clean technologies as well as low- and zero-emission goods and services. These Parties intend to:

(a) work together and with relevant stakeholders on the development of projects to advance decarbonization efforts in the identified economic clusters, consistent with the objectives of this Agreement; and

(b) encourage participation of enterprises in this effort, with a view to delivering tangible cost savings from efficiency gains, developing integrated and resilient clean energy supply chains, fostering an innovation ecosystem, and encouraging strengthened business relationships across the region.

3. Interested Parties intend to encourage the integration of best practices in energy, greenhouse gas, and environmental management in economic clusters.

Section D. Sustainable Land, Water, and Ocean Solutions

Article 11. Sustainable Agricultural Practices

1. The Parties recognize the importance of the agriculture sector and the opportunities it creates for contributing and challenges it poses to their transitions to clean economies through enhancing agricultural productivity growth, including through practices resulting in lower greenhouse gas emissions, supporting global food and water security, and adapting to the impacts of climate change.

2. The Parties intend to improve the environmental outcomes of agricultural production through sustainable water and land use and the development and deployment of climate-smart (5) and -resilient (6) agricultural practices, policies, and technologies, including those that enhance climate change resilience and adaptation, enhance agricultural productivity growth, including practices resulting in lower greenhouse gas emissions, enhance water use efficiency, increase carbon sequestration, reduce waste, improve nutrient management, generate clean energy, or enhance biodiversity and ecosystem services.

3. The Parties further recognize the importance of clear policies and innovative tools, technologies, and practices, as well as partnerships with women, Indigenous Peoples, persons with disabilities, rural and remote populations, including farmers and rural landowners, minorities, local communities, the private sector, and research organizations to achieve their shared objectives.

4. The Parties intend to advance resource efficiency and sustainable agricultural waste management by increasing cooperation to advance circular economy approaches, as well as exchanging information on policies and best practices regarding sustainable production and consumption patterns.

5. The Parties intend to cooperate on increasing investment in and support for climate- smart and -resilient agriculture and food systems innovation.

6. The Parties intend to explore opportunities to advance cooperation on the research, development, and deployment of climate-smart and -resilient and sustainable agricultural practices, policies, and technologies, and to implement cooperative activities through relevant international initiatives.

7. Each Party intends to encourage relevant governmental and non-governmental institutions and stakeholders, such as international research centers, institutions, and laboratory networks, to contribute to technical discussion and collaboration on innovation at the international and domestic levels.

8. The Parties intend to work together to accelerate efforts on climate-smart and -resilient agriculture as an element of their transitions to clean economies. Such efforts may include the adoption of practices, technologies, and policies to reduce greenhouse gas emissions, improve water efficiency, achieve improved soil nutrient management, reduce food loss and waste, reduce fertilizer loss and waste, and support innovative research, demonstrations, and training.

(5) "Climate-smart agriculture" has the meaning as set out in the IPCC, 2018: Annex I: Glossary.
(6) "Climate-resilient agriculture" refers to agricultural practices that have been adapted to enhance resilience to climate change, as set out in the Working Group II contribution to the IPCC Sixth Assessment Report, Climate Change 2022: Impacts, Adaptation and Vulnerability.

Article 12. Sustainable Management of Forests and other Natural Ecosystems

1. The Parties recognize the importance and benefits of sustainably managed forests and other natural ecosystems for climate change mitigation and resilience, transitioning to clean economies, and enhancing biodiversity, ecosystem services, and human health. The Parties further recognize the enabling role of forests and other natural ecosystems in advancing sustainable and inclusive economic growth and development and providing environmental, economic, and social benefits to present and future generations.

2. The Parties intend to cooperate to strengthen sustainable management, conservation, and restoration practices of forests and other natural ecosystems. Such cooperation may include, as appropriate, identifying and addressing drivers of deforestation and forest degradation, promoting legally harvested timber and the carbon benefits of the utilization of harvested wood products, enhancing reforestation and forest restoration, and improving the availability and utility of forest-related data, including through facilitating the exchanges of technical expertise.

3. The Parties intend to promote sustainable productivity growth and, as appropriate, support sustainable supply chains, including by working with consumer goods enterprises, or their relevant representative groups, that source significant volumes of agricultural and forest products from the region.

4. To the extent appropriate for its national circumstances, each Party intends to develop and strengthen cooperation and consultation with stakeholders to enhance development and implementation of practices for legally harvested forest products and sustainable agricultural productivity growth.

5. As part of its transition to a clean economy, each Party intends to advance its national and coordinated efforts towards the sustainable management of forests, including consideration of nature-based solutions (7) and ecosystem-based approaches for climate change mitigation and adaptation, and by drawing on traditional and indigenous knowledge as appropriate.

(7) As defined in resolution 5/5 of March 2, 2022, adopted by the United Nations Environment Assembly of the United Nations Environment Program.

Article 13. Sustainable Water Solutions and Ocean-Based Solutions

1. The Parties recognize that sustainable water solutions and ocean-based solutions are nature-based solutions and ecosystem-based approaches, and recognize the need to accelerate action to promote sustainable water solutions and ocean-based solutions with appropriate social and environmental safeguards as effective contributions to their transitions to clean economies.

2. The Parties intend to consider policies and opportunities to drive increased development of offshore wind energy, where sufficient offshore wind resources are available.

3. The Parties recognize the important role of ocean-based clean energy, including tidal energy, wave energy, and offshore wind. To this end, the Parties intend to:

(a) cooperate on ocean-based clean energy supply chain development and integration where possible, including with a view to attracting appropriate investments;

(b) share and advance best practices on education, vocational training, and other measures to support growth in the offshore clean energy workforce in their respective clean energy workforces; and

(c) cooperate by sharing information as appropriate and feasible, technical expertise, and best practices on project development, mapping, and assessing the potential for ocean-based clean energy deployment.

4. The Parties recognize the importance of blue carbon ecosystems for climate change mitigation and adaptation, and the importance of robust methodologies for measuring, reporting on, verifying, and managing blue carbon stocks. The Parties intend to cooperate by sharing knowledge and best practices to strengthen protection and restoration of blue carbon, as well as by collaborating and capacity building through existing initiatives and ocean-related fora. The Parties intend to explore opportunities to cooperate to mobilize finance for blue carbon protection and restoration activities in the region as appropriate, including by collaborating on pilot projects and, potentially, through carbon markets.

5. The Parties recognize the crucial role of fresh water in climate change mitigation and adaptation, and that sustainable water management is essential for efforts towards climate resilience and their transitions to clean economies.

6. The Parties intend to collaborate on efforts to develop and implement water-related climate solutions, such as:

(a) controlling water pollution;

(b) improving wastewater management and treatment;

(c) enhancing circular systems of reusing and recycling water, water efficiency, and sustainability;

(d) strengthening water governance and water resources management, including at river basin scale as appropriate;

(e) protecting and restoring water-associated ecosystems; and

(f) encouraging investment in sustainable water-related infrastructure.

Section E. Innovative Technologies for Greenhouse Gas Capture and Removal

Article 14. Greenhouse Gas Removal

1. The Parties recognize the importance of scaling up and reducing the cost of safe, sustainable, innovative, and durable greenhouse gas removal technologies, value chains, and approaches to move towards their respective net-zero emission targets.

2. The Parties intend to:

(a) enhance their efforts to support demand and supply for CCUS that uses direct air capture or other carbon dioxide removal technologies across the region, and take actions to accelerate the development of these processes as appropriate; and

(b) collaborate on the development of, and affordable access to, regional and international CCUS value chains, recognizing that international cooperation on carbon markets will be required to develop and deploy abatement technologies to advance and accelerate global greenhouse gas removal.

3. Collaborative efforts among interested Parties may include:

(a) advancing technical collaboration on characterizing the geological storage potential for carbon in the region, leveraging the work of existing efforts such as the Asia CCUS Network and other regional bodies;

(b) exchanging views on the approaches, policies, and safeguards on transport and storage including cross border;

(c) collaborating on approaches for incentivizing the development of carbon removal projects;

(d) collaborating and exchanging information on measurement, reporting, and verification of carbon removal projects;

(e) supporting a goal of collectively catalyzing at least US $10-15 billion in investment for carbon removal in the region by 2030, which may include support for demonstration projects, public or private sector investment, carbon markets, financing, or public-private partnerships;

(f) facilitating joint assessments of the region’s carbon mineralization and geologic carbon storage resource potential and exploring pilot programs;

(g) collaborating on research, development, capacity building including through sharing of best practices, and deployment for low-cost carbon capture and utilization technologies, including carbon recycling;

(h) collaborating and exchanging information on the development of international measurement, reporting, and verification standards for carbon removal and geologic carbon storage projects;

(i) exploring the possibility of developing policy and regulatory frameworks to facilitate transboundary carbon sequestration and movement across borders, which may include clear and internationally recognized rules and frameworks for carbon accounting, management of liabilities, conduct of environmental impact assessments, monitoring, reporting, and verification processes and standards; or

(j) supporting pilot programs and demonstration projects for CCUS value chain projects within the region to facilitate the development of carbon storage sites and mobilize potential public or private sector investments towards the development of such projects, supported by clear laws, regulations, policies, and enabling frameworks. Interested Partiesmay | work towards the development of CCUS hubs in the region.

Section F. Incentives to Enable the Clean Economy Transition

Article 15. Strengthening Demand-Side Measures

1. The Parties recognize the importance of strengthening the demand for low- and zero- emission goods and services to accelerate development, commercialization, deployment, and accessibility of clean technologies and solutions. The Parties intend to collaborate on:

(a) providing greater clarity, interoperability, and certainty in the clean economy operating environment through setting or adopting rules, policies, standards, technical regulations, approaches to greenhouse gas emission measurement, and conformity assessment procedures; and

(b) reducing potential non-tariff barriers to cross-border trade or provision of low- and zero-emission goods and services, including carbon services.

2. The Parties recognize the critical role of the public and private sectors in relation to demand for low- or zero-emission goods and services. The Parties intend to position the region to take advantage of the growing economic opportunities of low- or zero-greenhouse gas production capabilities. These efforts may include, as appropriate:

(a) working collaboratively with the private sector to support efforts to promote the development of low- or zero-emission goods and services and related markets;

(b) expanding policy measures to promote the deployment of low- or zero-emission goods and services, including through digitalization and increasing incentives for sustainable and climate-friendly consumer choices; and

(c) accelerating pathways towards achieving net-zero emissions from the central government sector aligned with their respective net-zero goals, which may include:

(i) promoting transparent central government procurement of low- or zero- emission products;

(ii) encouraging central government acquisition of zero-emission transport, which may include passenger vehicles, and net-zero emissions from the government sector; and

(iii) encouraging the use of materials with low and zero embodied emissions in central government infrastructure projects.

3. The Parties recognize the growing preference in the private sector to ensure that their supply chains are supported by verified low- or zero-carbon emission electricity. To this end, the Parties intend to share information and best practices, as appropriate, and cooperate with the private sector to facilitate efforts towards decarbonization.

4. The Parties acknowledge the role that fiscal incentives, public-private partnerships, and, as appropriate, carbon pricing mechanisms play in providing clear economic signals to emitters of greenhouse gases to allow achievement of clean economies. Interested Parties intend to cooperate to promote the development of carbon pricing, including sharing information and experiences regarding pricing and pricing policies and practices, and to facilitate transparency and the removal of market distortions.

Article 16. Carbon Markets

The Parties intend to cooperate to promote and facilitate carbon market activities in the region. Such cooperation may occur in the context of other carbon market partnerships and capacity building initiatives, and may include:

(a) sharing information and best practices to promote compatibility, credibility, and stability in the development and implementation of carbon markets, including information and best practices regarding transaction and finance measures, related regulations, and cooperative approaches under Article 6 of the Paris Agreement;

(b) capacity building for participation in carbon markets, including for:

(i) planning for engagement in carbon markets to support mitigation plans;

(ii) engaging in, tracking, and reporting on cooperative approaches and activities under Article 6 of the Paris Agreement;

(iii) developing registries, including national registries, tracking systems, and their interoperability as relevant; and

(iv) enhancing the availability of local and regional validators and verifiers to effectively accommodate the expanding needs of carbon markets in the region;

(c) promoting availability, application, and alignment of carbon credit certification standards, such as their methodologies or procedures, with principles and safeguards for environmental and social integrity and transparency, including ensuring that mitigation activities and their results are real, measurable, independently verified, additional, and permanent (including avoiding or fully addressing any instances of reversals), avoid double counting, and contribute to sustainable development. This may include collaborating on the development of such mitigation activities, as appropriate, including under Article 6 of the Paris Agreement;

(d) encouraging public- and private-sector entities, including through partnerships or initiatives, to invest in, implement, or otherwise support high-quality mitigation activities, such as those implemented under Article 6 of the Paris Agreement, so as to generate credible supply and demand in international carbon markets; and

(e) promoting public- and private-sector partnerships involving carbon market activities that enable the implementation and achievement of nationally determined contributions and increased ambition of mitigation and adaptation in the region.

Article 17. Mobilizing Investment and Sustainable Finance and Addressing Climate- Related Financial Risk

1. The Parties recognize that transitions to clean economies, climate change adaptation, and building resilience across the region will require a significant scaling up of public and private investment from governments, domestic and international financial institutions, global investors, and philanthropic organizations. The Parties recognize the importance of concessional financing and the use of innovative financial mechanisms in this regard, particularly in mobilizing private capital.

2. The Parties recognize the importance of sound regulatory and policy environments for mobilizing financing at the scale required and the role of transition finance in enabling whole- of-economy transition. The Parties recognize that driving competition, enhancing access to finance and openness to investment, facilitating interoperability of approaches, boosting transparency, strengthening investor confidence, and accelerating the clean energy transition are important policy objectives. Each Party should endeavor to create, strengthen, or maintain investment policy and regulatory frameworks to further these objectives.

3. The Parties intend to cooperate with international partners, including multilateral development banks, to mobilize and expand access to financing, including concessional financing, for low- and zero-emission projects and activities, including transitioning existing assets, which may include:

(a) supporting enabling domestic policies;

(b) promoting secure, diverse, and resilient clean energy supply chains;

(c) developing platforms and pilot initiatives;

(d) developing the pipeline of bankable projects;

(e) pursuing blended finance structures, including through deployment of concessional capital, guarantees, and risk insurance, as well as technical assistance, that help expand access to existing finance for developing and climate-vulnerable countries, and enhancing the impact of these resources; and

(f) forming public-private partnerships.

4. The Parties intend to collaborate on mobilizing all forms of investment and finance, including concessional finance, to develop, demonstrate, and deploy early-stage clean technologies, including through convening private and institutional investors through an annual investor forum to facilitate business matching. The Parties further intend to collaborate by sharing expertise and good practices on scaling up clean technology and infrastructure investments across the region, including through integration of social and environmental considerations in asset allocation, and exploration of co-investment vehicles and opportunities. The Parties recognize the importance of just transition measures, robust labor protections, and environmental, social, and governance protections in financing that are consistent with labor rights.

5. The Parties recognize that measuring and managing climate-related financial risk will help safeguard their citizens and economies against the effects of climate change, particularly given the global impact of climate change and the Parties' interconnected economies and markets. The Parties further recognize the value of companies providing climate-related financial disclosures, as appropriate, to improve data quality and availability. The Parties intend to cooperate through sharing experiences and best practices regarding approaches for measurement, disclosure, and management of climate-related financial risk. In addition to participating in relevant international fora, each Party intends to make efforts to measure and address climate-related financial risks and to develop policies to support disadvantaged and vulnerable communities facing high climate-related financial risks.

Article 18. Technical Cooperation and Capacity Building

1. The Parties intend to work together to facilitate cooperation and capacity building, including through sharing knowledge, expertise, and best practices, with a view to supporting the Parties' inclusive and sustainable transitions to clean economies. This may include, as appropriate:

(a) workforce development to advance job opportunities in the region, including through cooperating in basic, higher, and technical-vocational education and training, capacity building, and exchange programs;

(b) partnerships for the development and demonstration of low-cost climate technologies including with industry, academia, or research institutions;

(c) developing models and tools for analyzing energy, environmental, cross- sectoral and macroeconomic costs and impacts of transitioning to clean economies within the region;

(d) supporting infrastructure modernization, pilot and demonstration projects, and carbon market projects;

(e) collaboration in project development, including capacity building and technical assistance, to develop a potential pipeline of investment-ready projects and expand access to multilateral and bilateral funding of climate projects in the region;

(f) supporting a Party's development, implementation, and enforcement of its regulations and policies to reduce greenhouse gas emissions and adapt to the impacts of climate change; and

(g) technical exchanges, conferences, workshops, and symposia that facilitate the sharing of knowledge and best practices, and collaboration within the region.

Section G. Just Transition

Article 19. Promoting Just Transition Policies

1. The Parties recognize the importance of the ILO Guidelines and related multilateral initiatives to promote a just transition that contributes to nationally defined development priorities, and to the goals of decent work for all, social inclusion, and the eradication of poverty.

2. The Parties intend to cooperate with respect to sharing knowledge and best practices regarding the integration of just transition into policymaking, including macroeconomic, sectoral, and environmental policies, including through collaborative efforts between governments, international organizations, representative employers' and workers'™ organizations, and communities.

3. The Parties emphasize the importance of establishing and implementing strategies for workforce development, including appropriate upskilling and reskilling opportunities for workers affected by transitions; promoting decent work and quality jobs that will underpin clean economies; and initial learning in new sustainable business practices and environmentally friendly technology and innovation, as well as entrepreneurship.

4. The Parties recognize the need to consider support measures, such as social protection policies and active labor market policies, for employers, workers, and communities impacted by transitioning to clean economies.

5. The Parties recognize the importance of engaging international institutions, including multilateral development banks, in advancing the just transition goals described in this Agreement, including social dialogue and decent work, and intend to encourage these institutions to accelerate support regarding workforce just transitions.

Article 20. Promoting Decent Work

1. The Parties recognize that transitions to clean economies are an opportunity to foster decent work. In this context, the Parties intend to take actions that promote employment creation, social protection, social dialogue, and labor rights, with particular attention to the sectors and areas addressed in this Agreement.

2. The Parties recognize the importance of taking into account the employment impact of policies related to clean economy transitions. The Parties intend to collaborate by sharing or receiving information about best practices on methodologies, which may include impact assessments, that consider decent work and quality jobs, low-skilled workers, and communities impacted by transition and climate change.

  • Section   A Initial Provisions 1
  • Article   1 Scope 1
  • Article   2 Definitions 1
  • Article   3 Inclusive Transitions to Clean Economies 1
  • Section   B Energy Security and Transition 1
  • Article   4 Clean Energy Technology Development and Capacity Expansion 1
  • Article   5 Electrification, Regional Grid Interconnection, Energy Efficiency, and Conservation 1
  • Article   6 Market Stability and System Resiliency 1
  • Article   7 Energy Sector Methane Abatement 1
  • Section   C Advancing Low-Greenhouse-Gas Technologies and Solutions In the Industrial and Transport Sectors 2
  • Article   8 Advancing Low-Greenhouse-Gas Emissions and Solutions In Industries 2
  • Article   9 Advancing Low- and Zero-Greenhouse-Gas Technologies and Solutions In Aviation, Maritime, Rail, and Road Transport 2
  • Article   10 Advancing Low-Greenhouse-Gas Technologies and Solutions In Economic Clusters 2
  • Section   D Sustainable Land, Water, and Ocean Solutions 2
  • Article   11 Sustainable Agricultural Practices 2
  • Article   12 Sustainable Management of Forests and other Natural Ecosystems 2
  • Article   13 Sustainable Water Solutions and Ocean-Based Solutions 2
  • Section   E Innovative Technologies for Greenhouse Gas Capture and Removal 2
  • Article   14 Greenhouse Gas Removal 2
  • Section   F Incentives to Enable the Clean Economy Transition 2
  • Article   15 Strengthening Demand-Side Measures 2
  • Article   16 Carbon Markets 2
  • Article   17 Mobilizing Investment and Sustainable Finance and Addressing Climate- Related Financial Risk 2
  • Article   18 Technical Cooperation and Capacity Building 2
  • Section   G Just Transition 2
  • Article   19 Promoting Just Transition Policies 2
  • Article   20 Promoting Decent Work 2
  • Article   21 Social Dialogue for Just Transition 3
  • Section   H Stakeholder Engagement and Institutional Arrangements 3
  • Article   22 Society Engagement 3
  • Article   23 Cooperative Work Programs 3
  • Article   24 IPEF Clean Economy Committee 3
  • Article   25 Information Sharing 3
  • Section   I Final Provisions 3
  • Article   26 Relation to other Agreements 3
  • Article   27 Confidentiality (10) 3
  • Article   28 Disclosure of Information 3
  • Article   29 Implementation 3
  • Article   30 Consultations 3
  • Article   31 Contact Points 3
  • Article   32 Entry Into Force 3
  • Article   33 Designation of Delegates 3
  • Article   34 Withdrawal 3
  • Article   35 Amendments 3
  • Article   36 Accession 3
  • Article   37 Depositary 3
  • Article   38 General Review 3