Germany's government has committed €2.8bn to accelerate decarbonisation efforts by supporting hydrogen projects. Referred to as 'climate protection contracts,' this funding will aid 15 projects, bridging the financial disparity between hydrogen and traditional fuels. Companies participating in the program will only receive their shares after demonstrating annual greenhouse gas reductions. The contracts, lasting 15 years, will adjust to energy and CO2 prices, providing investment security. This move comes after a bidding process earlier in the year, with a second round expected to begin soon with a budget exceeding €10bn. Minister Robert Habeck highlighted the importance of these contracts in facilitating decarbonisation and ensuring state funding meets companies' economic needs. The initiative reflects Germany's innovative approach to industry decarbonisation and sets a standard for EU climate efforts.