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New financing model 4 fast clean tech take-up

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Breakthrough Energy Catalyst program is seeking to significantly decrease the cost of priority clean technologies to increase their availability in market & accelerate decarbonisation. Via a tweaked public-private partnership financing model the European Commission & Catalyst will reportedly mobilize a total of $US1 billion (€820 million) over the next 5 years to build large-scale, commercial demonstration projects in 4 areas;- green hydrogen, direct-air-capture (DAC), long-duration energy storage and sustainable aviation fuels.

https://www.weforum.org/agenda/2021/07/clean-energy-innovation-sustainability-jet-fuel-storage/



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