South Africa partners with Denmark and the Netherlands on green hydrogen fund

In South Africa, Reuters reported that the government of South Africa and the governments of the Netherlands and Denmark launched a $1 billion green hydrogen fund.

The new fund, dubbed SA-H2 and run by Climate Fund Managers, a joint venture between the Dutch development bank, FMO, and South African insurer Sanlam, will look to support South Africa’s green hydrogen sector.

“The SA-H2 Fund initiative will aim to secure $1 billion in funding, to be raised directly in South Africa or indirectly via other channels,” Climate Fund Managers said.

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