International Trade and Green Hydrogen : Supporting the global transition to a low-carbon economy / World Trade Organization

Format:

Book

Government document

Author/Creator:

World Trade Organization, author.

Contributor:

SourceOECD (Online service)

Language:

English

Subjects (All):

Ecology.

Government purchasing.

Development and building trade capacity.

Physical Description:

1 online resource (60 pages)

Place of Publication:

WTO, 2023.

System Details:

data file

Summary:

Hydrogen produced exclusively from renewable power - known as green hydrogen - is widely recognised as a key pillar in replacing fossil fuels and decarbonizing sectors that cannot easily be electrified, such as some industrial processes, shipping and aviation. This publication - jointly produced by the International Renewable Energy Agency (IRENA) and the World Trade Organization (WTO) - explores how trade policies can support the development of green hydrogen markets. The publication highlights in particular how lowering tariffs on key products, building reliable infrastructure, realigning domestic support programmes and developing green government procurement can foster the development of green hydrogen supply chains and the transition to a low-carbon economy. International trade could also play a significant role in matching supply and demand for green hydrogen, as the potential for domestic production in some economies might not be enough to satisfy domestic demand. The publication also addresses the challenges and opportunities for developing economies offered by green hydrogen and its derivatives, such as green methanol and green ammonia. It underscores the importance of international cooperation and the need to align regulatory frameworks to encourage technology development, enhanced transparency and market growth.

Notes:

Title from title screen (viewed May 1, 2017).

ISBN:

9789287075635

Access Restriction:

Restricted for use by site license.