Strengthening International Hydrogen Cooperation: Japan and EU Trade Bodies Sign MOU
Key Ideas
  • Hydrogen Europe and the Japan Hydrogen Association signed an MOU to enhance cooperation in hydrogen trade and deployment.
  • The agreement focuses on aligning regulatory frameworks, facilitating hydrogen trade, and boosting funding instruments.
  • Japan and the EU aim to enhance their hydrogen profiles internationally as part of their climate-neutral goals by 2050.
  • This partnership is expected to play a crucial role in driving the transition towards a greener economy.
A recent memorandum of understanding (MOU) signed between trade bodies Hydrogen Europe and the Japan Hydrogen Association (JHA) signals a significant step in international cooperation in the hydrogen sector. This agreement aims to strengthen the deployment and trade of hydrogen by focusing on regulatory framework alignment, trade facilitation, and improved funding mechanisms. Both Japan and the EU share ambitious climate targets, including achieving climate neutrality by 2050. The MOU is seen as a strategic move to elevate the importance of hydrogen at the global level and leverage its potential in transitioning to a sustainable energy future. The collaboration is expected to have a positive impact on advancing the hydrogen economy and contributing to a greener, more sustainable world.
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