A set of flagship initiatives were launched at COP28 this week in Dubai to expedite the global adoption of hydrogen technologies.
- The Intergovernmental Declaration of Intent on Mutual Recognition of Certification Schemes for Hydrogen and Hydrogen Derivatives covers over 80% of the anticipated global market for hydrogen and its derivatives.
- The ISO Methodology for Greenhouse Gas Emissions Assessment offers a global benchmark associated with hydrogen production through a life-cycle analysis basis.
- A Public-Private Action Statement, in partnership between the International Hydrogen Trade Forum and Hydrogen Council, establishes efficient cross-border trade corridors for hydrogen and its derivatives.
“Through collaborating across borders and between public and private sector organizations, we help create the right framework for a global hydrogen economy. It will be the foundation for scaling up the clean hydrogen value chain and creating opportunities to accelerate decarbonization and the energy transition,” said Sanjiv Lamba, CEO of Linde plc and Hydrogen Council Co-Chair.
These initiatives aim to not only reach the 1.5 °C target, but also generate socioeconomic economic returns from integrated hydrogen value chains and its derivatives.