UNDP requires the commitment of co-financing by project partners, i.e. local governments, research institutions, and private sector enterprises working along the value chain in order to provide grants for hydrogen development in developing countries.
Through the GEF Small Grant Programme, grants are made available directly to community-based organizations and non-governmental organizations.
maximum grant amount per project: USD 50,000
The OECD organizes a series of webinars and events, e.g. through the Clean Energy Finance and Investment Mobilisation (CEFIM) programme by the Environment Directorate. The events build on engagement of CEFIM’s eight partner countries (Colombia, Egypt, India, Indonesia, the Philippines, South Africa, Thailand and Viet Nam), but also bring together policy makers from other OECD member countries, emerging and developing economies, industry actors, financial institutions, international organisations and civil society organisations.
NORAD has given a grant commitment of up to NOK 50 million to support part of the risk premium cost (up to 50%) in connection with long term financing of a green hydrogen plant in Egypt in order to reduce the financial cost.
NORAD has given a grant commitment of up to NOK 35 million to support development of green hydrogen projects in Egypt, Tunisia, Morocco and South Africa.
Follow-up links
Funding (norad.no)
The PtX Development Fund provides grants to selected projects globally, while a co-financing with concessional loans, non-concessional loans, and/or equity can be provided by different business areas of the KfW banking group. In any case, additional finance from outside KfW is envisaged to have the public grants leverage private capital. The grant aims at closing the rentability gap, while the co-financing allows to finance larger PtX projects (along the entire value chain) to contribute to the ramp-up of a global hydrogen economy.
IRENA hast a long track of reports prepared to raise awareness and provide up-to-date knowledge on green hydrogen. They include:
The activities organized by the initiatives include workshops, webinars and reports. The initiative is funded with voluntary contributions of its member countries. All the activities undertaken by the initiative are public to ensure the maximum impact, making every region/country a beneficiary. The initiative has been operating since 2019.
Grants by the IDC are limited and available mainly for socio economic outcome.
Equity Risk Grants are provided to fund project development.
The IDC offers Concessional debts. All debt offering by the IDC are designed to assist with the businesses financial viability, e.g. by offering payment holidays.
Grant funding is manly used for technical and financial feasibility, environmental and social studies.
Contingent recovery grants are granted to test technologies and projects. If they are successful, it turns into a concessional loan and they are repayable, and if not, they remain a non-reimbursable grant.
Contracts are awarded through a competition-based double auctioning system on supply and demand side. In order to help overcome existing investment barriers, an intermediary, Hydrogen Intermediary Company GmbH (HINTCO), concludes long-term purchase contracts on the supply side and short-term sales contracts on the demand side. The difference between supply prices (production and transport) and demand prices is compensated for by grants from a public or philanthropic donor within the framework of a mechanism based on the Contracts for Difference (CfD) approach.
The Green Hydrogen Organisation offers a wide range of assistance. The core focus is on awareness raising and information dissemination. Most instruments are a combination of several types of technical assistance and include for example