Minister for Environment Simonas Gentvilas highlighted the Green Hydrogen in his speech on the most promising energy technologies delivered at the United Nations Climate Change Conference (COP27. The Minister pointed out that its wider application in energy, industry and transport might make a significant contribution to the decarbonisation, while investment in Green Hydrogen production might boost energy innovations.
The Minister for Environment invited, on behalf of the President, countries in Africa, South America, Asia, and Oceania to cooperate in developing the production, trade, and use of the Green Hydrogen.
‘Green Hydrogen can well be the tool we are all looking for to achieve a breakthrough in combating climate change. Lithuania is ready to offer its infrastructure for importing the Green Hydrogen to Europe. Our country happens to be part of the EU-aided hydrogen supply corridor. Lithuania’s infrastructure – the Klaipėda seaport with its LNG import terminal and the gas pipeline interconnection with Poland – would allow us to reach the largest European importers,’ said Simonas Gentvilas, Minister for Environment.
He also noted that Lithuania was building its own domestic Green Hydrogen production capacity.
As part of its contribution to reducing global warming, Lithuania has set itself ambitious targets to reduce its greenhouse gas emissions by 70% by 2030 and to become a climate-neutral country by 2050, together with the EU.
As a voluntary contribution to international climate financing, Lithuania increases annually its support to Lithuanian companies for their projects in third countries. We allocated 5.5 million euros to climate change mitigation projects in these countries from 2011 to 2019, 1.32 million euros in 2020, and as much as 1.94 million euros in 2021. The funding comes from the national Climate Change Programme. In fact, Lithuania pays the greatest attention to bilateral projects in Eastern Partnership countries.