We advocate global sustainable and socially just structural change, for example by helping partner countries in their socially just transition to renewable energy and with supporting measures for the sustainable extraction and processing of raw materials in partner countries.

• Germany is supporting the Energy Compact Initiative with the launch of two of its own energy compacts – the German National Energy Compact and the Hydrogen Energy Compact – based on the National Hydrogen Strategy and its update.

• Germany is providing technical and financial assistance to support the establishment of good raw material governance aimed at securing the sustainable extraction and processing of raw materials in partner countries while observing environmental, social and human rights standards. The goal is inclusive economic development in partner countries, for example through strengthening local value chains and responsible raw material supply chains. Germany is implementing the G7 CONNEX Initiative to help partner governments negotiate with private investors on equal terms and achieve fair investment contracts.

• To promote the development of a global green hydrogen market, Germany advocates in multilateral forums for internationally recognised sustainability standards (EU, G7, G20, IRENA Collaborative Framework (on G7 initiative), UNIDO’s Programme for Green Hydrogen in Industry, the WB Hydrogen for Development Partnership). The sustainability criteria used for the H2 Global invitation to tender by the Federal Ministry for Economic Affairs and Climate Action (BMWK) also have an impact internationally, opening up opportunities for sustainable economic development in partner countries. The German government’s Hydrogen Import Strategy will also lay down sustainability aspects and criteria, especially with a view to hydrogen imports.