Green hydrogen, electric trucks 'ripe for investment' by EU recovery fund

Green hydrogen, low-carbon aviation fuel and electric trucks are among 55 clean technologies that can help the European Union to reach its goal of climate neutrality by mid-century, research by Capgemini Invent, part of Capgemini Group, showed on Wednesday.

The research, which aims to provide a guide for policymakers and investors, identified technologies and projects the EU could invest in using money from its budget and recovery fund to help the region's economies bounce back from the coronavirus crisis.The research looked at 200 projects and chose 55 technologies as"ripe for investment" that could deliver results quickly and at scale up to 2030 and 2050.

The technologies will require around 144 billion euros of public and private investment a year and support 12.7 million jobs but for every 1 euro invested in this portfolio, it could generate 9 euros of future turnover in European markets by 2050.

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