World Bank launches hydrogen initiative
Partnership aims to foster capacity-building, regulation, business models and technologies in developing countries
The World Bank has created a new global initiative to boost the deployment of low-carbon hydrogen in developing countries, called the Hydrogen for Development Partnership (H4D), which will produce, collect, curate and disseminate accurate knowledge about hydrogen to countries that need it. The partnership aims to foster capacity-building, regulation, business models and technologies in developing countries and will see $2–3bn of World Bank financing blended with other sources of public and private sector financing. “Low-carbon hydrogen can have a significant role in countries seeking to accelerate their clean energy transition,” says David Malpass, president of the World Bank. “Our new hydro

Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale