Hydrogen Council CEO leaders support the launch of International Hydrogen Trade Forum at CEM14/G20 in Goa
July 31, 2023
This year’s Clean Energy Ministerial held in Goa alongside the G20 Energy Ministerial saw the launch of a milestone intergovernmental declaration establishing the International Hydrogen Trade Forum (IHTF) under the leadership of United Arab Emirates (UAE) and the Netherlands together with Australia, Brazil, Canada, Chile, Germany, Japan, Saudi Arabia, South Korea, United Kingdom, United States, Uruguay and the European Commission on behalf of the European Union.
IHTF has been established with the aim to facilitate collaboration between potential future hydrogen importing and exporting countries, as well as synchronise priority actions of decision-makers and industrial leaders through public-private action plans.
The Forum will collaborate with the relevant complementary organisations, in particular the World Trade Organisation, Mission Innovation, G20, Asian Pacific Economic Cooperation, International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) and the Hydrogen Council.
Hydrogen Council and its CEO leaders have committed to close cooperation with the Forum to help enhancing public-private dialogue to accelerate the development of hydrogen trade flows supporting a cost-effective, just and equitable transition to net zero.
Hydrogen Council Co-Chairs Yoshinori Kanehana, Chairman of the Board, Kawasaki Heavy Industries Ltd., and Sanjiv Lamba, CEO, Linde, said: “Industrial leaders in hydrogen welcome the establishment of the IHTF as a platform for international cooperation on the development of a global market for hydrogen and derivatives. This new platform will help to further facilitate the public-privative dialogue. Hydrogen Council is pleased to collaborate with IHTF on the road to COP28 and beyond to address key challenges and jointly create solutions for unlocking trade corridors for hydrogen and derivatives. Our common goal is to accelerate decarbonisation while supporting just transition.”
Find out more information about the IHTF on Clean Energy Ministerial’s website here or UNIDO’s website here.
About The Hydrogen Council
The Hydrogen Council is a global CEO-led initiative that brings together leading companies with a united vision and long-term ambition for hydrogen to foster the clean energy transition. The Council believes that hydrogen has a key role to play in reaching our global decarbonization goals by helping to diversify energy sources worldwide, foster business and technological innovation as drivers for long-term economic growth, and decarbonize hard-to-abate sectors.
Using its global reach to promote collaboration between governments, industry and investors, the Council provides guidance on accelerating the deployment of hydrogen solutions around the world. It also acts as a business marketplace, bringing together a diverse group of 140+ companies based in 20+ countries across the entire hydrogen value chain, including large multinationals, innovative SMEs, and investors.
The Hydrogen Council also serves as a resource for safety standards and an interlocutor for the investment community, while identifying opportunities for regulatory advocacy in key geographies.
To find out more visit www.hydrogencouncil.com and follow us on Twitter @HydrogenCouncil and LinkedIn.
For further information
Joanna Sampson, Communications Manager, Hydrogen Council
joanna.sampson@hydrogencouncouncil.com
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