In a significant move towards building a sustainable and globally harmonized hydrogen economy, the United Nations Industrial Development Organisation (Unido) and the Hydrogen Council, a leading global private sector organization, have signed a joint declaration to reinforce their ongoing collaboration.
The main focus of this partnership is to support the development of international standards for hydrogen production, addressing critical aspects such as greenhouse-gas emissions assessment and social value maximization.
The joint declaration underscores the commitment of Unido and the Hydrogen Council to developing the International Organisation for Standardisation (ISO) standard methodology for assessing greenhouse-gas emissions related to hydrogen production, conditioning, and transport. By establishing a consistent and universally recognized methodology, the aim is to ensure transparency and credibility in the measurement and reporting of emissions across hydrogen supply chains.
This initiative will not only enhance the environmental credibility of hydrogen as a clean energy source but also boost confidence among investors and stakeholders, leading to increased investments and accelerated deployment of hydrogen technologies.
One of the key objectives of the collaboration is to support capacity building in developing countries, empowering them to actively participate in the development of global hydrogen production standards. By providing technical assistance and expertise, Unido and the Hydrogen Council seek to enable these nations to play a vital role in shaping the future of the hydrogen economy.
The joint efforts extend to identifying best practices for maximizing the social value of the hydrogen economy in emerging markets and developing countries. Aligning with the United Nations Sustainable Development Goals Roadmap for Hydrogen, the organizations aim to ensure that hydrogen projects contribute to the well-being of local communities and foster sustainable economic growth.
Recognizing the importance of fostering public-private dialogue, the collaboration aims to facilitate productive engagement between decision-makers and CEOs in the International Hydrogen Trade Forum. This forum serves as a platform for exchanging insights and experiences, driving innovation, and promoting international cooperation in the hydrogen sector.
The Unido-Hydrogen Council partnership emphasizes the significance of unlocking the full potential of hydrogen and its derivatives on a global scale. By promoting in-country value creation and green growth in developing countries, the hydrogen economy can drive economic prosperity while also contributing to the decarbonization of energy systems.
The joint declaration between Unido and the Hydrogen Council represents a landmark collaboration aimed at advancing the global hydrogen economy. With a focus on setting international standards, empowering developing countries, and maximizing social value, this partnership sets the stage for a more sustainable and inclusive hydrogen future. By bringing together the expertise of both organizations, we can expect to witness the accelerated growth of renewable hydrogen technologies, making significant strides towards a low-carbon, energy-efficient world.