Kerala's Green Hydrogen Cluster Recognized Globally for Decarbonisation Efforts
Key Ideas
  • Kerala's Green Hydrogen Cluster project is the first among 13 global industrial cluster projects recognized by the World Economic Forum for decarbonisation efforts.
  • The project aims to reduce greenhouse gas emissions, particularly focusing on the transportation sector which contributes nearly 50% of the state's CO2 emissions.
  • Investors and global players have shown interest in investing in Kerala, with proposals worth USD 1.2 billion being evaluated for the project.
  • Kerala's efforts align with India's National Green Hydrogen Mission and other global initiatives towards producing green hydrogen and sustainable practices.
Kerala's Green Hydrogen Cluster project has gained international recognition for its decarbonisation efforts, being acknowledged as the first project among 13 leading global industrial cluster projects by the World Economic Forum. The initiative aims to reduce greenhouse gas emissions, with a specific focus on the transportation sector which accounts for a significant portion of the state's CO2 emissions. Investments worth USD 1.2 billion are currently under evaluation for this project, showcasing promising prospects for sustainable development. The project's alignment with India's National Green Hydrogen Mission and its recognition at the World Economic Forum highlight Kerala's commitment to green initiatives and attracting investments. During the recent World Economic Forum at Davos, Kerala's delegation, led by State Industries and Law Minister P Rajeeve, attracted attention from investors and global players. The state's efforts were well-received, with notable interest expressed in investing in Kerala's Green Hydrogen Cluster project. The state's delegation had productive engagements with industry leaders, paving the way for potential investments in sectors such as logistics, medical technology, food processing, maritime, and renewable energy. Furthermore, the project's recognition as part of the 55th annual meeting of the World Economic Forum underscores its importance in the global push towards sustainability. Kerala's strategic approach to industrial development, focusing on responsible and inclusive practices, has garnered appreciation from stakeholders at the forum. The upcoming Invest Kerala Global Summit 2025 in Kochi aims to capitalize on the investor interest generated at Davos and further propel Kerala's economic growth through sustainable investments.
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