World Bank launches hydrogen initiative
Partnership aims to foster capacity-building, regulation, business models and technologies in developing countries
The World Bank has created a new global initiative to boost the deployment of low-carbon hydrogen in developing countries, called the Hydrogen for Development Partnership (H4D), which will produce, collect, curate and disseminate accurate knowledge about hydrogen to countries that need it. The partnership aims to foster capacity-building, regulation, business models and technologies in developing countries and will see $2–3bn of World Bank financing blended with other sources of public and private sector financing. “Low-carbon hydrogen can have a significant role in countries seeking to accelerate their clean energy transition,” says David Malpass, president of the World Bank. “Our new hydro
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