The Catalyst program will finance European projects and initiatives to reduce emissions in four areas which are notoriously hard to decarbonize: clean hydrogen, direct air capture, sustainable aviation fuel, and long duration energy storage.
COP26
Six years after pledging carbon reduction goals in the Paris Agreement, global leaders at COP26 finally adopted rules to govern global trade in carbon offsets.
UN climate talks have pledged new net-zero emission goals that could help avoid a climate catastrophe, but the differences in national approaches poses a risk.
G20 leaders agreed on a climate deal that fell short of anticipations, leaving much of the work to the COP26 summit in Glasgow this week.