Climate Summit
That’s according to the Head of Natural England
The initiative aims to shut down 5,000MW of existing and inefficient gas-based power generation capacity and support 10,000MW of new renewables in Egypt
Under the MoU, the companies will focus on the first phase of the project, which will see the establishment of a 2GW green hydrogen manufacturing facility
Denmark, Finland, Germany, Ireland, Slovenia, Sweden, Switzerland and the Walloon Region of Belgium will provide the financing for climate adaptation in developing countries
The Hydrogen for Development Partnership will help catalyse significant financing for hydrogen investments in developing countries over the next few years
They view renewable hydrogen as a ‘key contributor’ to reducing emissions and ensuring energy security
There has been a 25% jump in oil and gas lobbyists from last year’s climate summit
How many world leaders have taken the trip to the climate summit in private planes?
He travelled to Egypt yesterday after a U-turn on his earlier decision to not attend the event
“There is no long-term prosperity without action on climate change,” the PM stated