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Enabling global trade in renewable hydrogen and derivative commodities

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978-92-9260-637-4&quot;,&quot;description&quot;:&quot;This IRENA-WTO joint report highlights the critical role of coherent strategies in promoting renewable hydrogen and derived commodities as essential means to decarbonise hard-to-abate sectors.&quot;,&quot;type&quot;:&quot;publication&quot;,&quot;intType&quot;:&quot;publication&quot;,&quot;storedDate&quot;:&quot;2024-11-23T13:13:53.7214619+00:00&quot;,&quot;id&quot;:&quot;1c8305a03a1d4e5992680f27182d7bd6&quot;,&quot;dsid&quot;:&quot;1c8305a03a1d4e5992680f27182d7bd6&quot;,&quot;title&quot;:&quot;Enabling global trade in renewable hydrogen and derivative commodities&quot;,&quot;pgid&quot;:&quot;1c8305a03a1d4e5992680f27182d7bd6&quot;,&quot;url&quot;:&quot;https://www.irena.org/Publications/2024/Nov/Enabling-global-trade-in-renewable-hydrogen-and-derivative-commodities&quot;}"> <span class="icon icon--clipboard" aria-hidden="true"> <svg><use xlink:href="/assets/icons/sharing.svg#sharing-clipboard"></use></svg> </span> </button> </li> <li> <button class="c-Sharing__link" data-sharing-type="cite"> <span class="icon" aria-hidden="true"> <svg><use xlink:href="/assets/icons/sharing.svg#sharing-cite"/></svg> </span> </button> <div class="is--hide" data-sharing-tooltip="cite"> <h4 class="colorTxt--13">IRENA and WTO (2024), Enabling global trade in renewable hydrogen and derivative commodities, International Renewable Energy Agency and World Trade Organization, Abu Dhabi and Geneva.</h4> <p> <button class="c-Button " data-jscomponent="Button" data-sharing-type="copy" data-copy="IRENA and WTO (2024), Enabling global trade in renewable hydrogen and derivative commodities, International Renewable Energy Agency and World Trade Organization, Abu Dhabi and Geneva."> <span class="icon" aria-hidden="true"> <svg><use xlink:href="/assets/icons/socials.svg#socials-copy"/></svg> </span> <span class="c-Button__label">Copy citation</span> </button> <span class="is--hide">&nbsp;Copied</span></p> <br> <h4 class="colorTxt--13">https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2024/Nov/IRENA_WTO_Enabling_global_trade_renewable_hydrogen_2024.pdf</h4> <p> <button class="c-Button " data-jscomponent="Button" data-sharing-type="copy" data-copy="https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2024/Nov/IRENA_WTO_Enabling_global_trade_renewable_hydrogen_2024.pdf" > <span class="icon" aria-hidden="true"> <svg><use xlink:href="/assets/icons/socials.svg#socials-copy"/></svg> </span> <span class="c-Button__label">Copy url</span> </button> <span class="is--hide">&nbsp;Copied</span></p> </div> </li> </ul> </div> </div> <h1 class="m-TopHeader__heading"> Enabling global trade in renewable hydrogen and derivative commodities </h1> <div class="m-TopHeader__description"> This IRENA-WTO joint report highlights the critical role of coherent strategies in promoting renewable hydrogen and derived commodities as essential means to decarbonise hard-to-abate sectors. </div> <div class="m-TopHeader__footer"> <div class="m-TopHeader__footerLeft"> <span class="m-TopHeader__isbn">ISBN: 978-92-9260-637-4</span> <time class="m-TopHeader__date" datetime="2024-11-14">November 2024</time> </div> </div> </div> </div> <div class="m-Breadcrumbs "> <div class="c-Breadcrumbs"> <nav class="c-Breadcrumbs__wrapper" aria-label="Navigation path"> <ol class="c-Breadcrumbs__list" itemscope="itemscope" itemtype="https://schema.org/BreadcrumbList"> <li itemprop="itemListElement" itemscope="itemscope" itemtype="https://schema.org/ListItem"> <a class="c-Breadcrumbs__link" itemprop="item" href="/"> <span itemprop="name">Home</span></a> <meta itemprop="position" content="1"/> <span class="c-Breadcrumbs__separator">></span> </li> <li itemprop="itemListElement" itemscope="itemscope" itemtype="https://schema.org/ListItem"> <a class="c-Breadcrumbs__link" itemprop="item" href="/Publications"> <span itemprop="name">Publications</span></a> <meta itemprop="position" content="2"/> <span class="c-Breadcrumbs__separator">></span> </li> <li itemprop="itemListElement" itemscope="itemscope" itemtype="https://schema.org/ListItem"> <span class="c-Breadcrumbs__text" itemprop="name">2024</span> <meta itemprop="position" content="3"/> <span class="c-Breadcrumbs__separator">></span> </li> <li itemprop="itemListElement" itemscope="itemscope" itemtype="https://schema.org/ListItem"> <span class="c-Breadcrumbs__text" itemprop="name">Nov</span> <meta itemprop="position" content="4"/> <span class="c-Breadcrumbs__separator">></span> </li> </ol> </nav> </div> </div> </div> </div> </header> </div> </section> <section class="l-section l-section--container "> <div class="l-grid__row"> <div class="l-grid__xxs--4 l-grid__m--2 set-order-on-mobile "> <div class="m-NewsletterSmallForm show-on-desktop" data-jsmodule="NewsletterSmallForm"> <div class="Heading "> <h4 class="Heading__text "> Newsletter </h4> </div> <form class="m-NewsletterSmallForm__form" action="/subscriptionform" method="post"> <input type="text" name="EmailId" class="m-NewsletterSmallForm__input" data-newslettersmallform-input="" placeholder="Enter e-mail address" aria-label="Subscribe" /> <button type="submit" class="m-NewsletterSmallForm__btn" data-newslettersmallform-submit="" disabled="">Go</button> </form> </div> </div> <div class="l-grid__m--10 "> <div class="l-grid__row"> <div class="l-grid10__m--8 l-grid10__m__offset--1 " id="m1fcc9fb2a97c4f06b8dabb226c0f8ce5"> <!-- RichText #START --> <div class="m-RichText " data-jsmodule="RichText"> <!-- RichTextComponent #START --> <div class="c-RichText " data-jscomponent="RichText"> <p>This IRENA-WTO joint publication explores the critical role of sound and coherent strategies in promoting renewable hydrogen and the hydrogen-derived commodities &ndash; such as renewable ammonia, methanol and e-kerosene &ndash; that are essential to decarbonising hard-to-abate sectors including heavy industry and transport. </p> <p>Renewable hydrogen and its derivatives could account for up to 14% of final energy consumption by 2050, especially in the form of industrial feedstocks and sustainable fuels. As climate and economic factors lead to production cost variations across regions, countries with abundant renewable resources may emerge as exporters, while those with strong industrial sectors but limited renewable resources may rely on imports to decarbonise their processes. </p> <p>Developing a robust international market for these commodities and fuels demands extensive infrastructure investment, coherent policy frameworks and scaled-up sustainable value chains. This report provides policy makers with practical suggestions for fostering global markets through trade-related tools like standardisation and certification, government support and procurement, carbon pricing, and tariff rebalancing. In turn, the evolution of these markets is expected to support green industrial development and job creation, fostering an efficient energy transition. International collaboration is underscored as essential for aligning market entry requirements, thereby lowering trade barriers and building stable demand for renewable hydrogen and its derivatives. This collaborative approach positions trade policies as a catalyst for an inclusive, global transition to sustainable energy.</p> </div> <!-- RichTextComponent #END --> </div> <!-- RichText #END --> </div> <div class="l-grid10__m--9 l-grid10__m__offset--1 " id="m23c513bd1cac4b71aa6ce23be05a8290"> <div class="m-BoxRelatedContent " data-jsmodule="BoxRelatedContent" data-boxrelatedcontent-space=""> <div class="swiper-container"> <div class="Heading m-BoxRelatedContent__heading Heading--border" id="m9b55d884c2ea4d23aaf13929e0b8456c"> <h2 class="Heading__text"> Related content </h2> </div> <div class="swiper-navigation is--hide"> <button class="icon icon--swiper swiper-button-prev"> <svg> <use xlink:href="/assets/icons/arrows.svg#arrows-swiper"/> </svg> </button> <button class="icon icon--swiper swiper-button-next"> <svg> <use xlink:href="/assets/icons/arrows.svg#arrows-swiper"/> </svg> </button> </div> <ul class="swiper-wrapper" data-slides-mobile="" data-slides-tablet="" 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