The International Energy Agency (IEA) has significantly increased its projection for low-emission hydrogen production by 2030, citing a potential output of 49 million tonnes if all planned projects materialize. However, only a small percentage of these projects have advanced to the final investment decision stage, emphasizing the necessity for governments and businesses to implement stronger stimulus policies. The report highlights the dominance of fossil fuel-derived hydrogen production, underscoring the need for a shift towards low-emission sources. Despite the high cost of green hydrogen production compared to its fossil fuel counterpart, the IEA anticipates a reduction in costs, with a minimal impact on consumer prices. The agency stresses the importance of creating demand for low-emission hydrogen to drive the success of new projects, particularly in sectors like steel, refining, and chemicals. While some progress has been made, the IEA warns that current efforts may fall short of achieving climate goals, calling for more decisive action and regulatory support to accelerate the transition to low-emission hydrogen.