Saturday, July 27, 2024

Colombia and Germany are seeking to boost green hydrogen production

Must Read

This entity, the first of its kind in the Andean region and which will be financed by the German Federal Foreign Office, seeks to promote the development of renewable energy derivatives and diversify the economy with neutral value chains.

According to the statement issued, the initiative “is necessary to achieve global decarbonization, with coordination between actors from the public and private sectors, academia, civil society and international cooperation, to establish a baseline of challenges and opportunities that allow the world to develop.” Hydrogen ecosystem.”

A study unveiled during the recent celebration of the first German Colombo Symposium on Green Hydrogen and Decarbonization identified 16 German companies, with a commercial presence in the South American country, that are already working on initiatives based on this energy source.

The issued memorandum also added that the installation of the H2 Diplo office constitutes a decisive step, following the bilateral agreement signed between President Gustavo Petro and the Federal Chancellor of Germany, Olaf Scholz.

Regarding the alliance, the latter in June 2023 considered the idea of ​​“developing a joint strategy that would be in favor of forest conservation and promote the issue of wind energy, solar energy and green hydrogen.”

nbg/ifs

See also  The UN vote in favor of Palestine demonstrated the geopolitical rift caused by the Middle East crisis in Latin America and Europe
Latest News

Dollar rate today July 26: What is the quoted exchange rate and what is its trend in Peru?

The Peruvian sol's resistance to other hardships that have affected other currencies has made it a currency "shelter currency"Especially...

More Articles Like This