Energy Minister Chris Bowen announced a joint funding pact between Australia and Germany to bolster the global hydrogen market. The funding, spanning 10 years, aims to facilitate new commercial hydrogen supply and enhance access to the European market. The H2Global deal was unveiled at the Asia-Pacific Hydrogen Summit in Brisbane, highlighting the initiative's role in fortifying energy security in both nations. The partnership involves various hydrogen projects in Australia, including methanol production, hydrogen hubs, electrolyser facilities, and ammonia production projects. The development of hydrogen technologies is expected to underpin the growth of clean energy industries in Australia, positioning the country to compete with net-zero economies. Despite recent investment pullbacks, Minister Bowen emphasized the vitality of Australia's green hydrogen pipeline and criticized naysayers who have doubted its prospects. The commitment to green hydrogen is seen as a crucial aspect of Australia's climate cooperation with Germany, with a focus on transitioning to sustainable practices while preserving economic productivity. The collaboration also involves research on using green iron to support Germany's decarbonization efforts. The partnership signifies a mutual commitment to advancing green hydrogen technologies and leveraging them for global market access.