As the world, transitions from traditional fuels and energy sources to clean and sustainable sources to combat the adverse effects of climate change, Nigeria is also working hard to reduce carbon emissions and has pledged to achieve net-zero emissions by 2060.
However, to fully achieve the net zero target, an assortment of clean technology options must be deployed including green hydrogen.
While the green hydrogen economy continues developing around the world, including in Africa, Nigeria retains a geographical advantage for the availability of vast renewable energy resources, which is the basic energy source to produce green hydrogen.
Nevertheless, one thing common to the stakeholders is the need for financing to implement green hydrogen initiatives. However, because of the nascence of green hydrogen in the country, there is little/no understanding of the financial aspects of green hydrogen projects. It is against this backdrop that the H2Uppp Program is conducting this finance workshop session targeted at green hydrogen project developers, local banks and other relevant financial institutions.