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Mobilising private capital for green hydrogen development in emerging and developing economies
Oct 2, 2023 | 1:25 PM - 2:40 PMConference Room CC12
Oct 2, 2023 | 1:25 PM - 2:40 PM
Conference Room CC12
Materialising hydrogen’s potential for the net-zero economy requires a significant scale up in investments across the value chain, ranging from dedicated renewable power to transport and storage infrastructure. A large share of the required global average annual investments of up to USD 1 trillion per year for hydrogen development will be needed in emerging and developing economies. Realising this will require fostering an enabling environment for hydrogen through national roadmaps, regulatory frameworks, and policies. Enabling conditions will need to be complemented with innovative financing since hydrogen is still at its early stages of development and poses high risks to project developers and financiers. Building on OECD work on green hydrogen, this session will focus on effective financing solutions and identify blind spots for accelerating the adoption of green hydrogen in emerging and developing economies.
