The article discusses recent advancements in the field of formic acid decomposition for hydrogen production. Various studies showcase the potential of using formic acid as a hydrogen source through catalytic processes. Nanocatalysts, such as Ag-Pd core-shell nanocatalysts, have been developed to enable efficient hydrogen production at room temperature. Additionally, research highlights the progress made in selectively dehydrating formic acid into carbon monoxide, opening up possibilities for diverse industrial applications. Catalysts like Ni-ZrO2 and Mo2C nanoparticles supported on graphene have shown high activity and stability in converting organic compounds to alkanes. These findings contribute to the ongoing efforts in utilizing sustainable methods for hydrogen generation and showcasing the importance of formic acid in the realm of renewable energy sources.