IRENA – Green hydrogen strategy, 2024

The transition to a sustainable energy system, particularly towards green hydrogen, presents a significant challenge for industries used to carbon-intensive practices. Although forward-thinking companies are interested in adopting green hydrogen to reduce their carbon footprint and remain competitive, challenges such as high production costs and lack of government direction exist. A government-led green hydrogen strategy is essential to attract investors, provide clarity, and align policies for sector growth. In the 1.5°C Scenario, green hydrogen plays a crucial role in reducing carbon emissions, with investment needs expected to increase significantly by 2050. National hydrogen strategic documents set targets for scaling up the clean hydrogen sector, outlining policy ambitions, measures, and opportunities for innovation and investment. These documents signal policymakers' commitment to clean energy solutions and are crucial for transitioning to a low-carbon economy. Different countries have varying strategic documents, reflecting diverse approaches and experiences in promoting clean hydrogen.