June 23

South Africa Launches $1 Billion Dedicated Green Hydrogen Fund

South Africa, Netherlands and Denmark have together launched a $1 billion dedicated fund to support green hydrogen projects in South Africa.

SA-H2 is an innovative blended finance fund supported by Climate Fund Managers (CFM) and Invest International B.V. (II) of the Netherlands, Sanlam 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, Climate Fund Managers said in a press statement.

Photo courtesy of NASA’s Marshall Space Flight Center.

Source: Zawya (link opens in a new window)

Energy, Environment
blended finance, climate finance, renewable energy