The advisory agreement – within the framework of the “InnovFin – EU Finance for Innovators” initiative – aims to support breakthrough technologies.
This agreement, revealed today (July 26), demonstrates the joint efforts of these institutions in supporting investment in clean hydrogen technologies.
The signatories have stated a desire to adhere to EU taxonomy guidelines, including research, development and innovation in key components and machinery for hydrogen production.
Teresa Czerwińska, Vice-President of the European Investment Bank, said, “One of the main strengths of the European Investment Bank is combining advisory and technical support in the initial phases of a project with attractive forms of financing in the later phases.
“This model is perfect for the development and deployment of new breakthrough technologies, including those based on the use of hydrogen.”