Hydrogen Europe ready to work with COP29 leadership

Hydrogen Europe is ready to work with the leadership and partners of the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) on hydrogen-related issues, Director of Trade and International Relations at Hydrogen Europe Maria Assumpcio Rojo Torrent said, Report informs.

She made the remark during the plenary discussions themed "COP29 strategic development ways for a green world, financing of green energy projects" on the second day of the Baku Energy Forum.

The director noted that issues related to hydrogen were brought up in recent COP events: "We think this will continue at COP29. This event will be a great opportunity to better understand the role that hydrogen will play in the widespread use of renewable energy sources.

Another important aspect of COP29 is increasing climate finance for the global energy transition. We should seek to increase public funding in line with climate goals. However, since public funding is insufficient, it is also important to encourage private investment and facilitate access to capital markets for SMEs."