President von der Leyen addressed the Renewable Hydrogen Summit, highlighting Europe's advancements in the renewable hydrogen sector. In the past year, Europe has seen substantial growth in renewable hydrogen projects, with over 2 gigawatts of capacity approved. This progress is underpinned by clear targets like producing 10 million tons of renewable hydrogen by 2030. The European Union has set legislative frameworks to ensure a significant portion of hydrogen used in industry and transport is renewable by 2030, driving investments and innovation. Challenges persist, but efforts are underway to establish clean lead markets and enhance hydrogen production infrastructure to meet rising demand. Initiatives such as the European Hydrogen Bank, which offers funding and incentives for renewable hydrogen projects, are pivotal in accelerating the green transition. President von der Leyen emphasized the importance of collaboration and commitment in building a climate-neutral economy, positioning Europe as a global leader in renewable hydrogen.