€7.5 Billion Climate Fund From Dutch Government Aims to Boost Green Hydrogen Hub Projects at Pecém Port

Written by Ruth Rodrigues

Published on 03/05/2023 at 16:30

Fonte: Governo do Ceará

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The 7.5 Billion Euros from the Dutch Government Climate Fund Will Be Destined for the Green Hydrogen Industry. The Current Hub Under Development at the Port of Pecém May Receive Part of the Funds for Investments in the Projects.

The partnership between the Dutch Government and the Port of Pecém, in the state of Ceará, is on this Wednesday, (05/03), one of the major bets for the future of the complex. The European government has announced a new Climate Fund for 2024, with €28.1 billion allocated for climate spending. From this amount, part will be allocated to the boosting of the green hydrogen industry, and it may reach Brazil in the Ceará hub.

Port of Pecém May Receive Investments for Green Hydrogen Hub Projects through the Dutch Climate Fund

The Dutch government recently launched the Climate Fund for 2024, which will allocate €28.1 billion for climate spending in the country until 2030.

Of this amount, €7.5 billion will be used for the development of the green hydrogen industry, including €300 million for the import of this energy source.

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Dutch Government Investments in the Green Hydrogen Hub May Contribute to Regional Development

With the announcement of the project, it is expected that investment in green hydrogen will help boost the economy and create green jobs in Brazil.

The Port of Pecém, in particular, could benefit significantly, as it is one of the country’s main ports for hydrogen production.

Additionally, the partnership between the Port of Rotterdam and Pecém could help make the transportation of green hydrogen more competitive and secure, providing a sustainable alternative to fossil fuels.

The expectation is that the project will be approved by parliament and can contribute to the country meeting its legal climate targets by 2030, moving towards climate neutrality.

“With this letter, the government takes a significant step further to meet our legal climate targets for 2030 (…) We have a delay, and therefore, we will have to do everything possible to reach this target by 2030, with the conviction that, with Europe, we are on the path to climate neutrality,” emphasized Jetten.

The investment in green hydrogen can also help position Brazil as a leader in the production and export of clean energy. The union between the Dutch Government and the Port of Pecém is just the beginning of a prosperous future.

€7.5 Billion Climate Fund From Dutch Government Aims to Boost Green Hydrogen Hub Projects at Pecém Port

The 7.5 Billion Euros from the Dutch Government Climate Fund Will Be Destined for the Green Hydrogen Industry. The Current Hub Under Development at the Port of Pecém May Receive Part of the Funds for Investments in the Projects.

Port of Pecém May Receive Investments for Green Hydrogen Hub Projects through the Dutch Climate Fund

Dutch Government Investments in the Green Hydrogen Hub May Contribute to Regional Development

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€7.5 Billion Climate Fund From Dutch Government Aims to Boost Green Hydrogen Hub Projects at Pecém Port

The 7.5 Billion Euros from the Dutch Government Climate Fund Will Be Destined for the Green Hydrogen Industry. The Current Hub Under Development at the Port of Pecém May Receive Part of the Funds for Investments in the Projects.

Port of Pecém May Receive Investments for Green Hydrogen Hub Projects through the Dutch Climate Fund

Dutch Government Investments in the Green Hydrogen Hub May Contribute to Regional Development

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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