The report highlights the economic potential of renewable-based hydrogen production, particularly in regions with abundant renewable resources, water sources, and land availability, coupled with low finance costs. While these physical attributes are advantageous, they may not always align with the proximity of demand centers, necessitating international trade to connect supply with demand. This trade can establish new value chains on a global scale. The article delves into factors crucial for sustainable renewable hydrogen value chains, emphasizing the importance of considering environmental impacts, infrastructure requirements, socio-economic factors, and governance aspects, especially in developing countries. It underscores the opportunities and risks associated with renewable hydrogen production and trade across these dimensions, highlighting the need for a balanced approach to ensure long-term sustainability and success in the sector.