Open for Public Consultation Hydrogen Production and Delivery Criteria: Expanding Sustainable Investments through Certified Climate Bonds for Hydrogen Production and Infrastructure Development.
Climate Bonds Hydrogen Production and Delivery criteria are open for public consultation, expanding the scope of the Criteria from Hydrogen Production to Hydrogen Delivery Infrastructure.
The hydrogen production criteria were launched in November 2022 using an emissions intensity approach to define low-carbon hydrogen. These criteria were focused on projects, measures and infrastructure relating to hydrogen production. Now, the Climate Bonds expands the criteria to certify hydrogen delivery projects.
Hydrogen delivery projects and infrastructure, from production assets to end-users, are critical parts of the value chain. Because of the low volumetric energy density of hydrogen at ambient conditions, transporting and storing it requires high amounts of energy. The emissions reduction potential of hydrogen as an alternative fuel to decarbonise some sectors of the economy can be eclipsed when delivered using energy intense alternatives. Therefore, ensuring a clean delivery pathway is required to keep consistency with a low-carbon production process. Overlooking delivery technologies can become a barrier to deploy the hydrogen market and decarbonise some sectors of the economy.
Key Components of the Hydrogen Criteria
The Hydrogen Criteria apply to eligible assets, projects, decarbonisation measures, and entities relating to the production, conditioning, conversion, transportation, and storage of low-carbon hydrogen. It covers activities across the hydrogen value chain, except for end-uses, which are part of each end-use sector criteria.
The Hydrogen Criteria framework is designed to achieve three key outcomes:
Identifying Eligible Assets and Projects: The criteria set the stage for identifying assets and projects related to hydrogen investments that have the potential to be included in Certified Climate Bonds. This essential step ensures that only projects contributing significantly to emissions reduction and sustainability are considered.
Deploying Eligibility Criteria: The framework deploys specific eligibility criteria under which assets and projects are assessed for their suitability for inclusion in Certified Climate Bonds. This step ensures that only projects that adhere to the highest environmental and social standards are eligible for certification.
Establishing Metrics and Tools for Monitoring: To ensure ongoing compliance, the Hydrogen Criteria also outline the necessary metrics, methodologies, and tools for measuring and monitoring assets' and projects' alignment with the eligibility criteria. This aspect ensures transparency and accountability throughout the investment lifecycle.
Tailored Approach for Different Financial Instruments.
Calling for Feedback: Public Consultation
The Climate Bonds Initiative recognizes the significance of collective insights in shaping effective criteria for hydrogen-related investments. In pursuit of this, the Hydrogen Criteria are now open for public consultation. The consultation form includes questions about hydrogen production and delivery. This presents a unique opportunity for stakeholders, including investors, organizations, experts, and concerned citizens, to provide their valuable feedback.
Your insights can contribute to fine-tuning the criteria, ensuring that they strike the right balance between credibility and usability. By participating in the public consultation, you play an active role in shaping the future of sustainable hydrogen investments and, consequently, global efforts to combat climate change.
Criteria Documents for Feedback are follows:
To provide feedback please follow the link:
The Last Word: Paving the Way for Sustainable Hydrogen Investments
The development of Hydrogen Criteria by the Climate Bonds Initiative marks a significant step towards fostering credible and sustainable hydrogen-related investments for the green enegry transition. By integrating scientific rigor with market usability, these criteria bridge the gap between technical precision and practical implementation.
As the global economy strives to transition to a low-carbon energy systems, the Hydrogen Criteria provide investors, organisations, and policymakers with a robust framework to channel investments into projects that are not only environmentally sound but also economically viable.As the global economy strives to transition to a low-carbon energy systems, the Hydrogen Criteria provide investors, organisations, and policymakers with a robust framework to channel investments into projects that are not only environmentally sound but also economically viable.
Join the conversation by providing your feedback in the public consultation and contribute to shaping a more sustainable tomorrow.
‘Till next Time,
Climate Bonds.
