The European Union is committed to hydrogen to achieve climate neutrality by 2050

The European Union has recently granted Spain, Estonia, France, Germany, Italy, the Netherlands and Slovakia €1.4 billion for the development of ‘Hy2Move’, an Important Project of Common European Interest (IPCEI) that promotes the hydrogen value chain in mobility and transport.

This financial support is part of the EU’s commitment to the European Green Deal, and the ‘Fit for 55’ climate law, which aims to reduce greenhouse gas emissions by 55% by 2030, and make the European Union climate neutral by 2050.

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