Latin American countries can become exporters of clean hydrogen, as well as nations that prioritize its local use for decarbonization—or focus on deploying clean hydrogen in specific sectors.
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Muqsit Ashraf
CEO of Accenture Strategy
Jorgen Sandstrom
Global Head of the World Economic Forum's Industry Transformation Initiative
，（GHG），（OLADE）Andrés Rebolledo：“，，，”，，，The report "Accelerating the Clean Hydrogen Economy in Latin America," jointly published by the World Economic Forum and Accenture, analyzes the development journey of the clean hydrogen economy in select Latin American countries. It delves into the region’s ambitions and challenges while offering fresh insights into key support measures tailored to its unique context. With immense untapped potential, Latin America stands at a pivotal moment—by leveraging each country’s distinct strengths and aspirations, nations can collaborate more effectively to swiftly emerge as major global players in the future of clean hydrogen.
Collaboration among neighboring companies within industry clusters, coupled with partnerships between businesses and governments, is essential for driving clean hydrogen growth. Public and private stakeholders must work together to share risks and resources, develop shared infrastructure, align diverse needs, unlock economies of scale, and attract much-needed financing. To this end, the World Economic Forum’s “Industry Cluster Transformation” initiative will continue advancing cluster-based cooperation in partnership with Accenture and the Electric Power Research Institute (EPRI), fostering a shared vision that not only propels economic growth and job creation but also accelerates the region’s energy transition.
The above content solely represents the author's personal views.This article is translated from the World Economic Forum's Agenda blog; the Chinese version is for reference purposes only.Feel free to share this on WeChat Moments; please leave a comment below the post if you’d like to republish.
Translated by: Sun Qian | Edited by: Wang Can
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