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International collaboration for financing green hydrogen development
Nov 16, 2022 | 8:00 AM - 9:15 AM
Nov 16, 2022 | 8:00 AM - 9:15 AM
Description
Achieving climate targets requires international collaboration to innovate and implement low-carbon technologies, including green hydrogen. The dynamic between co-operation and competition needs to evolve. A number of initiatives can be undertaken by the main countries developing hydrogen technologies on research and development, technical co-operation, investment facilitation and the development of trade routes. Moreover, international collaboration can stimulate timely investments. For example, assisting emerging and developing economies in deploying hydrogen projects could help phase out fossil fuels, thereby making hydrogen part of a just transition effort and supporting industrial development.
The session will provide insights on how countries can develop national strategies and identify viable business models across the green hydrogen value chain. It will pay particular attention to the role of international partnerships in this process, that will contribute to facilitating the green hydrogen market creation and growth.