Mapping of financial and technical assistance of clean hydrogen
International Power-to-X Hub (implemented by GIZ)
The support of the PtX Hub is very comprehensive and covers almost all types of technical assistance in their partner countries. The PtX Hub has 13 partner countries, the GIZ more than 30 that work on PtX and Hydrogen.
The PtX Hub publishes relevant papers, e.g. ‘PtX scoping paper on sustainability’, or ‘Foundation paper on PtX uses in the chemical industry’.
World Bank (IBRD-IDA)
The World Bank tailors the financial assistance to specific projects. See following examples.
United Nations Industrial Development Organisation
In part of the UK’s 65.5 million GBP of funding for the ‘Accelerate-to-Demonstrate’ (A2D) Facility under the framework of the Clean Energy Innovation Facility platform, UNIDO will accelerate clean energy innovation in developing countries, specifically addressing a key thematic area for clean hydrogen.
Follow-up links
United Nations Development Programme (UNDP)
UNDP requires the commitment of co-financing by project partners, i.e. local governments, research institutions, and private sector enterprises working along the value chain in order to provide grants for hydrogen development in developing countries.
Through the GEF Small Grant Programme, grants are made available directly to community-based organizations and non-governmental organizations.
maximum grant amount per project: USD 50,000
OECD
The OECD organizes a series of webinars and events, e.g. through the Clean Energy Finance and Investment Mobilisation (CEFIM) programme by the Environment Directorate. The events build on engagement of CEFIM’s eight partner countries (Colombia, Egypt, India, Indonesia, the Philippines, South Africa, Thailand and Viet Nam), but also bring together policy makers from other OECD member countries, emerging and developing economies, industry actors, financial institutions, international organisations and civil society organisations.
Norad
NORAD has given a grant commitment of up to NOK 50 million to support part of the risk premium cost (up to 50%) in connection with long term financing of a green hydrogen plant in Egypt in order to reduce the financial cost.
NORAD has given a grant commitment of up to NOK 35 million to support development of green hydrogen projects in Egypt, Tunisia, Morocco and South Africa.
Follow-up links
Funding (norad.no)
KfW – Kreditanstalt für Wiederaufbau
The PtX Development Fund provides grants to selected projects globally, while a co-financing with concessional loans, non-concessional loans, and/or equity can be provided by different business areas of the KfW banking group. In any case, additional finance from outside KfW is envisaged to have the public grants leverage private capital. The grant aims at closing the rentability gap, while the co-financing allows to finance larger PtX projects (along the entire value chain) to contribute to the ramp-up of a global hydrogen economy.
IRENA
IRENA hast a long track of reports prepared to raise awareness and provide up-to-date knowledge on green hydrogen. They include: