Concept study on climate protection contracts based on the CCfD approach published
In its National Hydrogen Strategy, the German government has adopted a pilot programme for Carbon Contracts for Difference (CCfD) for emission-intensive industries. The focus here is on promoting project-specific CO2 avoidance costs. Project-based CCfDs for industry with a view to a national pilot programme are currently being discussed under the term “climate protection contracts”. Climate protection contracts allow significant investments in climate-friendly production processes to be brought forward and can also promote the market ramp-up of hydrogen technologies.
Together with its partners Fraunhofer ISI and Öko-Institut, IREES has prepared a concept study on behalf of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety on the design of a pilot programme “Project-based Climate Protection Contracts for Industry”, which was published today. With this concept study, we are making a relevant contribution to the piloting of climate protection contracts for industry in Germany and to the implementation of the National Hydrogen Strategy.
The concept study is available on the IREES homepage: https://irees.de/en/2021/04/16/concept-study-project-based-climate-protection-contracts-for-greenhouse-gas-neutral/
IREES – RESEARCH FOR FUTURE