A new report by the World Economic Forum and Accenture highlights Latin America's potential to become a global leader in clean hydrogen production and export. With an aim to meet a significant portion of global clean hydrogen demand, the region is strategically positioned due to its abundant renewable energy resources. The report outlines three pathways for countries in the region - net exporters focusing on global markets, local decarbonizers prioritizing domestic economies, and focused players targeting specific applications. To realize this potential, the report emphasizes six key areas for action: standards and certification, cost reduction, technology and talent development, demand creation, infrastructure development, and accelerating development pace. Latin America's competitive advantage is evident in its low hydrogen production costs, with plans to further reduce costs by 2030. Success in this endeavor will require coordinated efforts to drive economic growth, create high-skilled jobs, and establish the region as a leader in sustainable energy transition.