On November 22, 2024, the European Union Council approved 46 Global Gateway flagship projects for 2025, one of which is the Green Energy Park. This project, set in Brazil, is geared towards producing renewable hydrogen at a gigawatt scale. The primary focus of the Green Energy Park is to enhance industrial value chains in Brazil and globally. Through the Global Gateway initiative, the EU is investing in sustainable projects worldwide to avoid overlapping efforts. The North-East Brazil Green Energy Parks & Green Shipping Corridors program is a part of this initiative, consolidating various hydrogen projects to improve resource efficiency. By supporting Brazil's industrial growth, this project enables Europe to produce competitive green steel and reduce industrial green premiums. The EU's approval of the Green Energy Park underscores the strengthening partnership between Europe and Brazil, with a focus on promoting economic and energy transitions. This project also emphasizes Europe's strategic interest in aligning global infrastructure investments with sustainable development goals.