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GreenEarthX applied for 2 Mio€ Funding from German Government funds

GreenEarthX, is committed to globally transitioning to eco-friendly fuels, countering the detrimental effects of fossil fuel dependence. 

Kiel, Dec 13th 


To realize this vision, the project will form local units in Asia, Europe, and the Americas. These units will spearhead efforts in managing global supply and demand for eco-friendly projects, ensuring transparency in pricing, volumes, and financial data. The initial teams will set up open orchestration center floors in major markets by mid-2024, providing reliable data, trust-building mechanisms, standardized procedures, and contracts. 

The renewable energy market, particularly in the hydrogen sector, faces a significant information deficit. Rapid advancements in technology, frequent new alliances, and a barrage of announcements contribute to a landscape of often inaccurate and outdated information. 

We expect a major shift in both the financial and energy sectors, with the dominant role of index providers and the rise of green hydrogen becoming a central force in the energy transition. We ask for firm attention to the crucial role of clarity, regulatory frameworks and innovative financial instruments that must support the expansion of green energy sectors if we are to meet climate targets. In addition, we should emphasize the potential of smart finance and insurance solutions to underpin the financing in this area to secure the necessary and projected global market growth.“ said Olaf-Gerd Gemein, Co-Founder of Impact Funding Europe. 

Europe’s energy policy has been significantly influenced by networks made up of the gas industry, lobby groups and political decision-makers. These networks also received targeted support from authoritarian governments in gas-producing countries such as Russia and Azerbaijan. Both the federal and state governments have often been one-sided in their liaising with the gas industry. 

As a result of these close relationships, previous federal governments focused too heavily on Russian gas, which made Europe vulnerable. In the process, the urgently needed switch to renewable energies was neglected. The consequences for society are devastating there is a threat of far-reaching climate damage and billions in bad investments that will ultimately have to be borne by taxpayers, as well as massive price increases and potential supply bottlenecks. The new German government has set itself the goal of countering this situation.  

In this young market, there is a lack of instruments for risk limitation, capitalization and, in view of the challenges, sufficient investment and capital. 

To bring together the expected decentralized demand and supply across countries and continents, transparent and practicable instruments are needed that also include transport, development and trade policy, currency imbalances and financing. Despite all the complexity, this is also an opportunity to develop fair markets that are not dominated by cartels and fossil fuel business practices as has been the case to date. 

Where there is energy, there is prosperity – 

but also vice versa: a lack of access to affordable energy causes severe economic damage, flight, displacement, war, and poverty – even more so in the future than today. In order to avoid energy colonialism, information deficits and trade structures must be reorganised to enable new economic models and opportunities for balancing interests. 


“Colonialism may have formally ended, but it continues in forms such as these and at various levels. Most of the economies of the periphery or the global South are subordinated to a deeply unjust global division of labour. This is because the global South serves as a supplier of cheap resources and a reservoir of cheap labour on the one hand, and as an export market for the industrialized economies on the other”1. 

Green hydrogen: the backbone for the new standard 

With the introduction of the GreenX orchestration services, the project aim breaking new ground in the global energy landscape. This step is not only a sign of technological progress, but also a paradigm shift for the market transparency of green hydrogen and other carbon-based liquid petrochemical products. The trade floor, a global pioneer in its field, reflects the opportunities set by producers and consumers of green hydrogen worldwide, setting a new standard in a global market that is about to define the future of energy.  

GreenEarthX will assume the role of neutral facilitator in this international concert and provide globally available information according to the “data trustee” model. This will make us an enabler for various urgently needed services in the financial and insurance sectors, as well as suppliers and consumers of green energy.” said Co-Founder Dr. Peter Schottes, also member of the European H2 ThinkTank, at the global teams meeting on December 8th in Germany. 

A clear view of the market  

All suppliers, especially small and decentralized suppliers such as biorefineries, will benefit from the new opportunities: Transparency and conditioning mean that producers and distributors of green energy can base their development and sales strategies on solid data and secure off-take markets. Better market insights enable them to strategically plan investment and production decisions, paving the way for financing investment costs. Financial instruments also provide a hedge against volatility by acting as a benchmark for financial swaps and hedging instruments. This allows for more effective risk management and promotes stable pricing – a key advantage in a fast-moving market that still struggles with wide spreads and uncertainty. 

Being the market orchestrator for green and clean energy alternatives, GreenEarthX is committed to bring genuine green projects online to ensure we meet our commitment to the environment. If you trade a green molecule on our platform, it will be “green” – not greenwashed” said Dr. Sumit Chaudhury, Founder and initiator of GreenEarthX. 


Kiel, Germany, 2023 December, 13th  

Olaf-Gerd Gemein, Impact Architect 

Co-founder , 


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Clean Energy

In 2019 the EU completed a comprehensive update of its energy policy framework to facilitate the transition away from fossil fuels towards cleaner energy and to deliver on the EU’s Paris Agreement commitments for reducing greenhouse gas emissions.

The agreement on this new energy rulebook – called the Clean energy for all Europeans package – marked a significant step towards the implementation of the energy union strategy, published in 2015.

Climate, Energy and Mobility is the focus for Cluster 5 in Horizon Europe. This clusters aims to fight climate change by better understanding its causes, evolution, risks, impacts and opportunities, and by making the energy and transport sectors more climate and environment-friendly, more efficient and competitive, smarter, safer and more resilient

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Sophie Glaser-Deruelle

Senior Consultant

Sophie is a mission-driven, analytic, and reliable consultant. Her focus is on the development of projects, and writing public funding bids and grant proposals for R&D. She holds an MA in International Relations and European Studies and has a strong background in SME development and enabling SMEs and Start-ups to access markets and funding.

Sophie has over 10 years of experience in EU funding and project implementation including international project development, tender and funding proposal writing, policy development, implementation, and project management. At IFE, Sophie is a Senior Consultant and Project Development expert. She aids companies in defining their R&D needs and aligning them to calls, this includes ideation and development of projects, consortium building and writing proposals for EU funding.

Olaf Gerd Gemein

Olaf Gerd Gemein


Olaf is a passionate Serial Entrepreneur and Business Architect with a specific ambition: to be a change catalyst!

With over 30 years of practical experience in various markets in Europe, Asia, North and South America and Canada, he has successfully supported more than 100 projects in the ICT sector. His contributions have focused on accelerating start-up and innovation clusters, building networks, products and services from scratch, facilitating and implementing go-to-market strategies. He is frequently asked to speak at conferences and facilitate networking on smart tech topics around the world.

Peter Schottes

Peter Schottes

Eisenschmidt Consulting

Peter holds a PhD in nature science (climate impact research), worked as a project manager for software development and as a freelance consultant. He is managing director and shareholder of Eisenschmidt Consulting Crew in Kiel, Germany. He is a specialist in transformation projects and works as a sparring partner for top executives. His focus in on strategy development, digital transformation and concept development.

Peter is active as advisor for StartUps and Angel investor. At IFE he overlooks the entire process of community building, stakeholder management and is also responsible for the project kick-offs.

Alex Neu

Alex Chalkley


Alex has a BSc in Mathematics, Economics & Computing and has already built a market-leading R&D Funding Consultancy in the UK from 2009 to 2019. Alex has developed funding bids, mainly in the form of R&D Grant Applications, that have secured over €60m for clients operating at the forefront of technology innovation. Venturenomix, focuses on supporting Impact Ventures by offering specialist funding related consultancy services to ambitious people seeking funding for good projects. At IFE, Alex is Managing Director and responsible for all aspects of the business, in particular recruiting, mentoring and adding value to the EU Grant Writing Consultants working on multi-million Euro EU Grant Applications.

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A smart city is a place where traditional networks and services are made more efficient with the use of digital and telecommunication technologies for the benefit of its inhabitants and business. 

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More than half of the world’s population now lives in urban areas. This is expected to reach 80% by 2050. Cities and metropolitan areas are centres of economic activity, knowledge generation, innovation and new technologies. Cities influence the quality of life of citizens who live or work in them and they are major contributors to global challenges.

A mission in this area will help us meet the goals and targets set out by international policy frameworks such as the COP21 Paris Agreement, the UN’s Sustainable Development Goals (notably SDG11), the Urban Agenda for the EU and the Habitat III New Urban Agenda as cities play a key role in all of them.

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The Farm to Fork Strategy is at the heart of the Green Deal. It addresses comprehensively the challenges of sustainable food systems and recognises the inextricable links between healthy people, healthy societies and a healthy planet. The strategy is also central to the Commission’s agenda to achieve the United Nations’ Sustainable Development Goals (SDGs). All citizens and operators across value chains, in the EU and elsewhere, should benefit from a just transition, especially in the aftermath of the COVID-19 pandemic and the economic downturn. A shift to a sustainable food system can bring environmental, health and social benefits, offer economic gains and ensure that the recovery from the crisis puts us onto a sustainable path. Ensuring a sustainable livelihood for primary producers, who still lag behind in terms of income, is essential for the success of the recovery and the transition.

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