The discussion paper from the German Institute of Development and Sustainability highlights Namibia's potential as a competitive hub for renewable energy, specifically solar and wind, to produce green hydrogen and derivatives essential for global decarbonization. Namibia's government and European countries are optimistic about the industrial complex's prospects in the country. The paper emphasizes the societal benefits of scaling up renewable projects in Namibia, including domestic electrification, clean electricity exports, and the production of hydrogen and derivatives for economic growth and foreign exchange earnings. Challenges like uncertainties with international offtake agreements and risk factors pose hurdles for international investors, requiring gradual scaling-up and risk-sharing agreements. Political and environmental risks accompany hydrogen investments, necessitating transparency, strict rules for tenders, and carefully designed benefit-sharing agreements to prevent exclusive deals and ensure widespread benefits for Namibians. Policy recommendations advocate for exploring pro-poor uses of hydrogen project revenues to enhance socio-economic spillovers and maximize benefits for local communities.