{"id":387319,"date":"2022-07-19T06:30:00","date_gmt":"2022-07-19T04:30:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=387319"},"modified":"2022-07-19T06:30:00","modified_gmt":"2022-07-19T04:30:00","slug":"finland-aspires-to-become-world-leader-in-hydrogen","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/finland-aspires-to-become-world-leader-in-hydrogen\/","title":{"rendered":"Finland aspires to become world leader in hydrogen"},"content":{"rendered":"\n
Read more about the other countries <\/span><\/a><\/div>
More about Finland<\/span><\/a><\/div><\/div><\/div><\/div>\n\n\n\n

About Decarbonizing Europe<\/h2><\/path><\/svg><\/div>
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What does the Recovery and Resilience Facility entail?<\/strong><\/h3><\/path><\/svg><\/div>
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The European Commission has made available an amount of 723.8 billion euros
to combat the consequences of the corona crisis and make Europe greener, cleaner, and future-proof. All member states have the opportunity to submit plans for disbursement from this Recovery and Resilience Facility.<\/p>\n\n\n\n

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Who is participating in the Recovery and Resilience Facility?<\/strong><\/h3><\/path><\/svg><\/div>
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All the member states of the European Union. All member states? No, The Netherlands has not submitted plans as yet. Although, it became public knowledge at the end of January that hard work is going on behind the scenes in the Netherlands to secure some of those European billions.<\/p>\n\n\n\n

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What do the member states have to spend the money on?<\/strong><\/h3><\/path><\/svg><\/div>
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At least 37 percent of the funding should be used for making their countries more sustainable and 20 percent for digitalization. In addition, there are also other key points:
\u2013 Smart, sustainable and inclusive growth
\u2013 Social and territorial cohesion
\u2013 Public health, economic, social, and institutional resilience
\u2013 Policy for future generations<\/p>\n\n\n\n

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What else is happening?<\/strong><\/h3><\/path><\/svg><\/div>
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Apart from that, the EC has identified several so-called flagship areas<\/a>:
\u2013 Power up<\/em> 
\u2013<\/em> Renovate<\/em> 
\u2013<\/em> Recharge and Refuel<\/em> 
\u2013<\/em> Connect<\/em> 
\u2013<\/em> Modernise <\/em>
\u2013<\/em> Scale-up<\/em> 
\u2013<\/em> Reskill and upskill<\/em><\/p>\n\n\n\n

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What is Innovation Origins planning to do?<\/strong><\/h3><\/path><\/svg><\/div>
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Over the next few months, we will be focusing on the implementation of these plans. We will be outlining what each country is doing to reduce CO\u2082 emissions, and we will be reporting on innovative projects. Infographics will allow you to compare the member states\u2019 efforts with each other.<\/p>\n\n\n\n

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A crisis like the corona pandemic calls for decisive measures. The EU has freed up \u20ac723.8 billion<\/a> in an effort to use the Recovery and Resilience Facility (RRF) to pull the European economy out of the recession caused by corona. In order to qualify for a share of this large bag of money, member states must submit a plan to the European Commission. In the series Decarbonizing Europe, we put those plans under a magnifying glass.<\/em><\/p>\n\n\n\n

Climate change is a top priority in Finland’s Recovery and Resilience Plan<\/a> (RRP). The money, 2.1 billion, that the country received from the EU to pull the European economy out of the corona recession, is coming at just the right time. At the start of this century, Finland was still in the top five countries with the highest levels of greenhouse gas emissions. And on top of that, thanks to the rapidly accelerating logging of Finland’s forests, carbon dioxide absorption is starting to decline. The RRP aims to prepare the country for the future by, among other means, becoming a world leader in hydrogen.<\/p>\n\n\n\n

No less than 50 percent of the budget is earmarked for the green transition. This money should make a significant contribution towards achieving the national climate targets: CO2<\/sub> neutrality<\/em> by 2035. By 2040, the country has to absorb even more CO2<\/sub> than it emits. In particular, those sectors that currently have the highest levels of emissions will be dealt with, such as the energy sector, mobility and industry. A total of 27 percent of the plan is being set aside to support the digital transition.   <\/p>\n\n\n\n