{"id":115053,"date":"2023-06-21T07:58:47","date_gmt":"2023-06-21T04:58:47","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/netherlands-denmark-launch-1-billion-south-africa-green-hydrogen-fund\/"},"modified":"2023-06-21T07:58:47","modified_gmt":"2023-06-21T04:58:47","slug":"netherlands-denmark-launch-1-billion-south-africa-green-hydrogen-fund","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/netherlands-denmark-launch-1-billion-south-africa-green-hydrogen-fund\/","title":{"rendered":"Netherlands, Denmark Launch $1 Billion South Africa Green Hydrogen Fund"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/115053\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nDuring the visit of Prime Minister Mark Rutte from the Netherlands and Prime Minister Mette Frederiksen from Denmark to President Cyril Ramaphosa, a Heads of Agreement has been concluded with the intention to launch a new \u2018SA-H2 Fund\u2019 (SA-H2). SA-H2 is an innovative blended finance fund, that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa. The Fund is supported by Climate Fund Managers (CFM) and Invest International B.V. (II) of the Netherlands, Sanlam Limited of South Africa (Sanlam), the Development Bank of Southern Africa (DBSA), and the Industrial Development Corporation of South Africa (IDC), in collaboration with other strategic partners.<\/p>\n<p>The SA-H2 Fund initiative will aim to secure US$1 billion in funding, to be raised directly in South Africa or indirectly via other channels. A partnership of private and public enterprises and international and domestic institutions, SAH2 reflects the immense potential of blended finance in tackling the climate crisis. Its focus will be to fast-track the mobilisation of funding towards the development and construction of large-scale green hydrogen infrastructure assets across South Africa.<\/p>\n<p>Green hydrogen is the solution Andrew Johnstone, CEO of Climate Fund Managers, said: \u201cHydrogen replaces carbon-intensive fuels, reducing emissions and environmental impact. It also enables efficient storage and utilization of energy from renewable sources which can be more intermittent, ensuring a reliable supply. Hydrogen energy production provides a clean, versatile and efficient energy source that can drive the transition to a low-carbon economy, helping end the climate crisis and secure a more sustainable and prosperous future\u201d.<\/p>\n<p>Mobilising local South African private sector funding Carl Roothman, CEO of Sanlam Investment Group, says: \u201cAt Sanlam, we are proud to be playing a leading role in building infrastructure that will contribute to Africa\u2019s climate change journey. We have been at the forefront of sustainable investing in our country for many years \u2013 through our shareholding in Climate Fund Managers and a range of other sustainably focused initiatives \u2013 and are excited about the possibilities and impact this fund will have on our region, environmentally, socially and economically.&#8221;<\/p>\n<p>Supporting re-industrialisation in South Africa Joanne Bate, Chief Operations Officer of the IDC: \u201cThe green hydrogen economy presents new economic opportunities \u2013 new skills, employment and community opportunities \u2013 for South Africa. The development of this new industry will support the longer-term energy security priority and the just energy transition contribution will proactively address socio-economic development. South Africa will position itself as a globally competitive player in this industry. More importantly, green hydrogen will enable the local decarbonisation of hard-to-abate industrial sectors. &#8221;<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/esgnews.com\/netherlands-denmark-launch-1-billion-south-africa-green-hydrogen-fund\/\">ESG News<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/environmental-news-en\/netherlands-denmark-launch-1-billion-south-africa-green-hydrogen-fund\/\">Netherlands, Denmark Launch $1 Billion South Africa Green Hydrogen Fund<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[3794,575,10484,2746,1832],"class_list":["post-115053","post","type-post","status-publish","format-standard","hentry","category-news","tag-denmark","tag-environmental-news-en","tag-green-hydrogen-fund","tag-netherlands","tag-south-africa"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/115053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=115053"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/115053\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=115053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=115053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=115053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}