IISD in the news

Germany bets on global green hydrogen economy

German development minister Svenja Schulze has announced that Germany will contribute €550 million ($572 million) towards a new global green hydrogen economy. Over time, the funding will rise to €2.5 billion as more money is provided by Germany's KfW Development Bank, according to Stefan Wenzel, state secretary in Germany's Federal Ministry of Economics and Climate Protection.

November 15, 2022

IISD in the news details

Topic
Energy
Region
Germany
Focus area
Climate