The development of hydrogen projects in developing countries has a prominent role in the just energy transition. Developing countrieshave large deposits of critical minerals that are needed for the green transition and have the suitable environment for renewables and large-scale production of green hydrogen. In addition, hydrogen production can create domestic value and jobs, enhance international competitiveness through local manufacturing of related technologies, greening emission-intensive sectors and attracting foreign direct investment into domestic industries. However, a key risk that many developing countries face is the high interest rates and the current lack of market demand.This session will debate on various funding instruments to mobilise public and private capital that can aid in in de-risking and ensuring efficient financing for hydrogen projects in developing countries.
