South Africa, the Netherlands, and Denmark have launched a $1 billion green hydrogen fund to support the country's energy transition plan to establish an export hub for green hydrogen and reduce greenhouse gas emissions. The fund was launched during a business forum in Pretoria, with the Dutch and Danish leaders suggesting that South Africa has the potential to become a key player in the global hydrogen market due to its vast renewable resources. The fund will support the production of green hydrogen for use in aviation, green steel, transport and more, as well as for export to the European Union.

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