The Hydrogen Rainbow

The colour code tells you which energy type was used to produce the hydrogen in gas form. Currently 95% of hydrogen is based on fossil fuels (grey hydrogen) still leading to high CO2 emissions. To make hydrogen a sustainable source of energy it must be produced by renewable energy (green hydrogen). However, huge investment in green hydrogen production is necessary to scale-up green hydrogen in the amount needed for the Green Transition.

What Is Mandatory TCFD Climate Disclosure?

TCFD stands for Task Force on Climate-Related Financial Disclosures. The TCFD’s overall aim is to encourage a greener and thus more stable international financial system. The TCFD disclosures allow investors and financial institutions to make more informed and clearer price risk related decisions. Making climate disclosures mandatory in alignment with TCFD’s framework encourages a greater international effort to move towards a greener economy.

Categories Economic Concepts