The Brazilian Senate and House have both approved a bill that creates a national policy for manufacturing 'low carbon' or 'green' hydrogen in the country. The bill is now awaiting President Luiz Inácio Lula da Silva's signature. Mines and Energy Minister Alexandre Silveira highlighted that this move is a significant step towards providing legal certainty for financing hydrogen projects in Brazil. The Energy Research Company (EPE) reported over USD 30 billion in investments for hydrogen projects, mainly in the feasibility study phase with agreements signed with ports and state governments. The government has allocated BRL 20.8 billion for research and development projects related to the energy transition, including green hydrogen, sourced from innovation funds and the BNDES, Brazil's national development bank. This legislative advancement signals Brazil's commitment to fostering a robust green hydrogen industry and enhancing its position in the global energy transition.