Climate change has been described as the defining issue of our time.
The 2015 United Nations Climate Change Conference (COP 21) in Paris led to 195 countries adopting a universal, legally binding global climate deal that aims to keep “the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit warming to 1.5°C”.
It is now the role of industry and Governments to best determine the policy and implementation strategy necessary to deliver on these ambitious targets.
In full support of the energy transition subscribed to in Paris, the Hydrogen Council was launched in 2017 at the World Economic Forum in Davos, representing a coalition from industry which sets out to:
- Accelerate investment in the development and commercialisation of the hydrogen and fuel cell sectors; and
- Encourage key stakeholders to increase their backing of hydrogen as part of the future energy mix, with appropriate policies and supporting schemes.
Key measurable targets set by the Hydrogen Council for 2050 demonstrate the scale of opportunity that now resides within the global Hydrogen Economy: