The Government wants to promote the establishment of new green growth businesses and Denmark as a workshop for the development of new green technologies. With the 2020 climate agreement on energy and industry, there is broad political support for Denmark taking the global lead in renewable energy and ensuring an ambitious green transition of industry.² Denmark is facing an ambitious expansion of green energy and a significant investment in green technologies of the future, including carbon capture and Power-to-X. Denmark has entered into a partnership with the Netherlands, which will finance a subsidy scheme for Power-to-X plants with at least 750 million DKK. The collaboration will help to collect experiences with large-scale production of green fuels for transport and industry, and strengthen international cooperation in the Power-to-X sector. The UN's Intergovernmental Panel on Climate Change estimates that capture and storage are necessary to meet the goals of the Paris Agreement. These technologies will contribute to a reduction of greenhouse gas emissions, including in sectors where it is currently difficult or not Denmark is leading the way with an ambitious national green transition, and we can make great strides with established technologies and instruments. But there is also a need to develop technologies through cooperation with other countries and the international business community to attract knowledge, innovation and investments from other countries, businesses and actors. This can contribute to our domestic efforts to reduce greenhouse gas emissions by 70% by 2030 and the goal of climate neutrality by 2050. The Government will work to attract green investments to Denmark and engage in international collaborations on innovation and research, which can strengthen the role of Danish knowledge institutions and accelerate the development of new green technologies that can contribute to maintaining Danish positions of strength. Intensified climate diplomacy efforts can also contribute to these efforts. 65 billion DKK², this sector provides a basis for increased green growth in Denmark and contributions to the global green transition. Therefore, Danish businesses need favourable conditions for developing and exporting new green products and solutions, including access to export promotion initiatives and financing. as well as new incentives for research and development. The Government will work to ensure the spread of Danish businesses' green solutions through a focused export promotion initiative and by further strengthening green economic diplomacy.