Irena | Accelerating Hydrogen Deployment in the G7

Accelerating Hydrogen Deployment in the G7  | Irena

Collaboration between countries to develop the mechanism to enable new hydrogen markets. The announcement by the German G7 Presidency of the G7 Hydrogen Action Pact in May 2022 signalled the Group’s intent to strengthen joint development of hydrogen and power-to-X value chains, and to streamline the implementation of existing multilateral initiatives that are committed to deploying hydrogen.

1. Accelerate the development of low-carbon and renewable hydrogen domestically and at global scale, with emphasis on hard-to-abate sectors.

2.Shape regulatory frameworks and standards to facilitate production, trade, transport and use of low-carbon and renewable hydrogen.

3.Secure financial commitments for the market ramp-up of low-carbon and renewable hydrogen.

4.Identify and close gaps for the ramp-up of low-carbon and renewable hydrogen.

5.Exchange best practices on sustainability criteria and facilitate dialogue on the geopolitical implications of a global hydrogen market.

6.Support the role of low-carbon and renewable hydrogen in decarbonising the natural gas and power systems.

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