Scaling hydrogen financing for development

While clean hydrogen trade can change the geopolitics and security aspects of energy, this is a very capital-intensive industry. Therefore, to increase the number of clean hydrogen projects globally, they need to be commercially attractive. To achieve this, a focus on financing and risk mitigation is needed to create viable investment opportunities. In response to strong country interest, $1.65 billion in World Bank funding has been approved for green/renewable hydrogen loans so far in 2023, with more to come. Presently, 39 percent of all global clean hydrogen projects under development are in emerging markets and developing countries (EMDCs). However, so […]
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