The article discusses the significance of green hydrogen in decarbonizing sectors that are hard to transition to electrification. It emphasizes the importance of legal and financial frameworks in advancing the green hydrogen value chain. By aligning policies towards a Paris-aligned green hydrogen economy, legal clarity and an enabling environment are created for stakeholders. The initiation of a clean hydrogen economy is seen as a step towards achieving sustainable development goals. The recommendations include facilitating investments, reducing financing costs, providing operational subsidies, creating demand through sectoral initiatives, and expediting permitting processes. These measures aim to make green hydrogen projects more economically competitive and attractive for investments, ultimately contributing to a cleaner energy landscape.