The International Energy Agency's Global Hydrogen Review, released recently, delves into the current state of green hydrogen production globally. The report projects a promising future with low-emissions hydrogen production expected to hit 49 million tons annually by 2030, marking a substantial increase from the previous year. Notably, final investment decisions for green and blue hydrogen projects have surged, reaching 3.4 million tons per year, indicating a fivefold rise in capacity by 2030. However, despite these positive trends, only about 7% of all planned capacity has been realized, indicating significant risks in successfully executing the announced projects. The report underscores the contrasting landscape of pitfalls and progress in the hydrogen sector. While there's a growing momentum and investor interest in hydrogen projects, the challenge lies in translating these intentions into concrete actions and implementations. The surge in FIDs reflects a notable shift towards sustainable energy solutions, particularly in the hydrogen domain. The industry's ambitious targets signal a step in the right direction towards achieving a more sustainable energy future. Overall, the Global Hydrogen Review paints a mixed picture, showcasing both the advancements and hurdles in green hydrogen production. The report serves as a valuable resource for stakeholders and policymakers to navigate the evolving landscape of hydrogen projects and to address the challenges hindering the full realization of the projected capacity.