South Africa Says Rich Nations Should Fund Green Hydrogen
- Infrastructure head Ramokgopa notes input from Germany, Japan
- Developed world has a ‘moral responsibility’ to invest
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Rich nations have an obligation to fund South Africa’s development of green hydrogen as part of a global effort to decarbonize, according to the presidency’s infrastructure chief.
The most industrialized nation on the continent that depends on coal to generate 80% of its electricity has plans to attract as much as $250 billion into green hydrogen, an emerging technology used to split water using renewable energy.