UNIDO And Hydrogen Council Advance Close Cooperation To Help Unlocking Environmental And Socio-economic Benefits Of Renewable Hydrogen And Derivatives Internationally – Hydrogen Central

UNIDO and Hydrogen Council Advance Cooperation to Unlock Environmental and Socio-economic Benefits of Renewable Hydrogen

On July 18, UNIDO and Hydrogen Council signed a Joint Declaration on the sidelines of G20/CEM14 in Goa, India, reinforcing ongoing strong collaboration. This partnership aims to unlock the environmental and socio-economic benefits of renewable hydrogen and its derivatives on an international scale. The cooperation between UNIDO and Hydrogen Council will play a crucial role in achieving the Sustainable Development Goals (SDGs) and promoting sustainable economic growth in emerging markets and transition economies.

Advancing Public-Private Dialogue

One of the key areas of collaboration between UNIDO and Hydrogen Council is advancing public-private dialogue. This includes facilitating discussions between decision-makers and CEOs through the International Hydrogen Trade Forum. The insights provided by the Hydrogen Council will support the activities of the Forum, which aims to accelerate global hydrogen flows.

Maximizing Social Value of the Hydrogen Economy

The partnership also focuses on assessing and identifying best practices for maximizing the social value of the hydrogen economy in emerging markets and developing countries. This will be done through the SDG Roadmap for Hydrogen, which aims to align hydrogen-related initiatives with the SDGs.

Developing Global Standards for Hydrogen

UNIDO and Hydrogen Council are committed to supporting the development of global standards for hydrogen. This includes the ISO standard methodology for greenhouse gas (GHG) emissions assessment of hydrogen production, conditioning, and transport. Additionally, capacity building initiatives will be implemented to enhance the participation of developing countries in global standard development.

Quotes from Key Figures

“Low-emissions hydrogen will help drive net-zero economic development in the Global South. Cooperating with the private sector is key, and we are confident that through our partnership with the Hydrogen Council we are well equipped to respond to any challenges involved. Together we will develop tangible projects that contribute to a just energy transition leaving no country behind.” – Mr. Gerd Müller, Director General at UNIDO

“Creating in-country value and boosting green growth in prospective exporting regions in developing countries is crucial for both the industry and the importing regions seeking to diversify their supplies in hydrogen and derivatives going forward. Unlocking social value of hydrogen is integral to the organizational identities of the Hydrogen Council and UNIDO, and we are excited to be moving ahead with implementation of a number of joint initiatives.” – Daryl Wilson, Executive Director of the Hydrogen Council

About UNIDO

The United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations with a unique mandate to promote, dynamize, and accelerate sustainable industrial development. UNIDO’s mission is to drive economic growth, reduce inequality, and address climate challenges by supporting developing countries and economies in transition. UNIDO’s activities contribute to all the SDGs, with a particular focus on SDG 9: “Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.”

Source: Hydrogen Council

SDGs, Targets, and Indicators Analysis

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 9: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation

The article highlights the role of a global hydrogen economy in supporting sustainable economic growth in emerging markets and transition economies. This aligns with SDG 9, which aims to promote sustainable industrialization and innovation.

2. What specific targets under those SDGs can be identified based on the article’s content?

• Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.

The article mentions the need to advance public-private dialogue and support the International Hydrogen Trade Forum. This can contribute to upgrading infrastructure and retrofitting industries to make them sustainable, as stated in Target 9.4.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Indicator 9.4.1: CO2 emissions per unit of value added in manufacturing industries

The article mentions the development of global standards for hydrogen, including ISO standard methodology for GHG emissions assessment of hydrogen production. This aligns with Indicator 9.4.1, which measures CO2 emissions per unit of value added in manufacturing industries.

Table: SDGs, Targets, and Indicators

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Source: hydrogen-central.com

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