Japan’s Minister of Economy, Trade and Industry Ken Saito and the European Commissioner for Energy, Kadri Simson, reaffirmed their commitment to promoting hydrogen development at a High-Level Hydrogen Business Forum in Tokyo. The cooperation, under an existing Memorandum of Cooperation on Hydrogen, aims to boost collaboration in technologies essential for decarbonization. Simson emphasized the importance of EU-Japan cooperation to promote renewable and low-carbon hydrogen globally. The officials expressed concerns about economic dependencies on certain supply sources and agreed to work towards a level playing field through coordinated efforts. They also plan to collaborate on clean energy policies and evaluate non-price elements like transparency and sustainability, beginning with wind, solar, and hydrogen sectors. Additionally, a focus will be on establishing transparent and sustainable supply chains through a working group on Japan-EU Clean Energy Industrial Policy Coordination. The forum witnessed the signing of agreements between various Japanese and European entities to enhance cooperation in the hydrogen sector. Moving forward, Japan and Europe aim to develop a joint working plan to deepen their collaboration in hydrogen, aligning with recent policy developments in both regions. This initiative aligns with supporting schemes established by the Hydrogen Society Promotion Act in Japan and the European Hydrogen Bank in the EU, signaling a positive step towards a sustainable hydrogen economy.