The second round of H2Global auctions will adopt a dual strategy, conducting two distinct auctions across different continents as part of the €3bn ($3.1bn) tender.
To support resilient global supply chains, part of the funding will be distributed through regional auctions in North America; South America and Australia; Asia; and Africa.
The “global lot” will be jointly financed with funding from Germany and the Netherlands, committing up to €2.7bn ($21.8bn) and €300m respectively, whilst additional funding allocations from Germany for European-specific tenders are under discussion with the EU.
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