Brazil's energy ministry has launched a call for expressions of interest for low-carbon and renewable hydrogen projects to be considered for funding under Brazil's potential share of the $1bn under the industrial decarbonisation programme, led by Washington-based Climate Investment Fund (CIF).
The funding scheme was announced on Friday. An initial statement by Brazil's energy ministry suggested that the $1bn amount would be for hubs in Brazil alone, but the ministry has clarified that the programme will be open to projects all over the world, mainly developing countries.
CIF is backed by the World Bank.
Projects should be at commercial scale and can embrace a variety of low-carbon production pathways and technologies, including carbon capture use and storage (CCUS) and ethanol reforming.
The call closes on 2 November and selected projects will be announced by Brazil's energy ministry on 6 December.
Brazil can then submit its project portfolio to CIF until 17 January. Each chosen country could receive between $125mn to $250mn for its projects, the ministry said.
