The Green Hydrogen Fund is an EIB trust fund set up to support green hydrogen infrastructure projects and that provide strategic advice and capacity building to developing countries, in view of preparing for decarbonising the industry sector through green hydrogen. Donor contributions therefore support climate change mitigation and the achievement of the Sustainable Development Goals.

Transforming the global energy system and industrial sectors is essential in the fight against climate change. Renewable energy has a great role to play in climate action, but it alone cannot meet the challenge posed by the need to decarbonise sectors such as the cement and chemical industries as well as air and sea transport. Green hydrogen has great potential to address this shortfall. With the support of the Green Hydrogen Fund, developing countries receive grant support for green hydrogen projects and the technical assistance needed to identify sustainable development pathways.

Donor contributions to the Green Hydrogen Fund support green hydrogen infrastructure projects in developing countries and contribute towards the achievement of decarbonisation strategies:

Germany is the first country to contribute to the Green Hydrogen Fund.

Sustainable Development Goals

Donor-financed operations through our trust funds make a direct contribution to several of the UN’s Sustainable Development Goals (SDGs). Our collective actions unlock billions of euros in investment to combat climate change, eradicate poverty and fight inequality. These are some of the global goals targeted by our trust fund. 

The Green Hydrogen Fund provides investment grants, technical assistance and advisory services to countries located outside of the European Union.

The Green Hydrogen Fund may provide financial and advisory support to the following regions: 

• Americas and the Caribbean
• Asia and the Pacific
• Central Asia
• EU’s Eastern and Southern neighbourhoods
• Sub-Saharan Africa
• Western Balkans