INTIEAGermany · Climate Protection ContractsPolicyIn force

Climate Protection Contracts

Germany has allocated €2.8 billion to support climate protection contracts, including but not limited to hydrogen-based technologies. Through the Carbon Contracts for Difference (CCfD) scheme, the program provides significant funding to help industries transition to low-carbon…

Last changed 9 months ago.

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Country / jurisdiction: Germany · Year: 2024 · Status: In force · Level: National · Type: Voluntary

Germany has allocated €2.8 billion to support climate protection contracts, including but not limited to hydrogen-based technologies. Through the Carbon Contracts for Difference (CCfD) scheme, the program provides significant funding to help industries transition to low-carbon processes, such as green steel production using renewable hydrogen. The initiative supports compliance with the EU hydrogen taxonomy, which requires hydrogen to achieve at least a 70% reduction in lifetime greenhouse gas emissions compared to fossil fuel alternatives, and contributes to Germany’s broader goal of achieving climate neutrality by 2045.

Official source: https://www.gtai.de/en/invest/industries/environmental-technologies/germany-signs-first-climate-protection-contracts-1828902

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https://www.iea.org/policies/28040

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