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Story summary
- The International Energy Agency (IEA) projects low-emissions hydrogen production will rise from under 1% today to about 4% by 2030.
- The sector faces high production costs.
- Global demand remains uncertain.
- Most hydrogen production commitments are led by China, Europe, India, and North America.
- Governments are urged to enhance export credit and concessional lending to bridge the cost gap with fossil fuels.
