The Importance of Innovation

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Innovation is crucial, but what I see is really the effect of the scale up. If we have 10 megawatt, 100 megawatt green hydrogen projects, it's not enough when you see the total production which has to be achieved over 10, 20 years,. So we have to go to the gigawatt scale. And this is where we need a lot of progress, step by step, innovation and efficiency gain in order to reach that one gigawatt score. Let me honest, there is a slow start. We are not on the trajectory. By 2030, we are unlikely to get there. But with this type of innovation, which are crucial, we might actually

Corporates, investors, analysts and academics gathered in Paris on May 10, 2023, for the S&P Global Sustainable1 Summit to discuss sustainability themes ranging from biodiversity to climate risk to net zero and the energy transition.

In this episode of the ESG Insider podcast, we sit down with conference speaker Olivier Musset, Global Head of Energy at the investment banking division of big French bank Société Générale.

Olivier talks to us about the role banks can play in scaling up finance for the energy transition, and the challenges lenders face in weighing the risks of financing sustainable projects alongside the potential long-term benefits.

We’ll bring you more highlights from the conference in our next episode. And you can register here for the S&P Global Sustainable1 Summit taking place in Singapore on May 16, 2023: https://www.spglobal.com/esg/events/sustainable1-summit-2023?utm_source=marketo&utm_medium=email&utm_campaign=ESGInsider

Photo source: Getty Images

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