COP29 aims to act on hydrogen
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets
The Azerbaijani Presidency of the COP29 climate talks will prioritise hydrogen and aim to include measures in its final outcome declaration designed to unlock the potential of a global market for the fuel. The COP29 talks are set to finalise outstanding elements of the 2015 Paris Agreement to keep global temperatures “well below” 2C (3.6F) above pre-industrial times—and will have a particular focus on mobilising climate finance. Hydrogen has come to the fore as a decarbonisation technology only in recent years, and therefore featured only peripherally in the Paris Agreement and subsequent COP declarations, which emerge at the end of every set of talks. “The outcome declaration will unl
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory