GH2 Year in Review - June 2025

This past year has brought greater clarity to the opportunities and the challenges, facing the green hydrogen economy. In our GH2 Annual Review and Outlook – June 2025, we reflect on where progress has been made, where momentum has slowed, and what must now be done to accelerate deployment.

While political attention and pilot projects continue to grow, the pace of actual investment, infrastructure development, and offtake remains far too limited to meet our climate and energy security goals. Key sectors like fertilisers, shipping and steel are beginning to engage, but many projects remain stuck between ambition and implementation.

At the same time, the push to support "low-carbon" hydrogen without robust emissions accounting has grown louder. GH2 has continued to push back against weak definitions and opaque standards that risk locking in fossil-based hydrogen under the guise of climate progress. We remain committed to ensuring that only genuinely low-emissions hydrogen receives public support, because integrity in how we define “green” is essential to building trust, attracting investment, and delivering results.

For green hydrogen to deliver on its potential, we urgently need:

• Stronger policy signals and demand commitments;

• Credible global standards that protect the integrity of the transition; and

• Scaled-up public finance to enable deployment, particularly in emerging and developing economies.

In response, GH2 has refined its strategy: focusing on high-impact sectors, supporting governments and developers through training and legal tools, and strengthening global coalitions to close the gap between ambition and action.

Over the past year, GH2 has taken important steps to turn strategy into impact. We launched the Green Hydrogen Policy Accelerator Training (GHPAT) programme, equipping over 80 senior officials from 27 countries with the tools to develop effective national strategies. Together with academic and institutional partners, we established the Green Hydrogen Centre of Excellence in Cairo, creating a long-term hub for policy innovation and capacity-building in emerging markets. At the Venice Green Hydrogen Forum, we convened leaders from across government, industry and civil society to strengthen alignment on standards, investment and infrastructure. These achievements, and the broader momentum we’ve built through close collaboration with allies around the world, show what’s possible when we act together with purpose.

To all of you who have supported this work, through ideas, partnership, and funding, thank you. Delivering real change requires focus, urgency and collaboration. We look forward to continuing this work with you in the year ahead.

Jonas and GH2 Team,
04 July 2025