A UK-based green fertilizer company has reached out to the International Finance Corporation (IFC) for backing in establishing Paraguay's first green hydrogen plant. This joint effort between the company and IFC seeks to pave the way for the development of Paraguay's inaugural green hydrogen facility. The initiative underscores a significant move towards promoting sustainable practices and renewable energy sources in the region. The collaboration between the UK green fertilizer company and IFC represents a milestone in Paraguay's journey towards embracing green technologies. By venturing into green hydrogen production, the project aims to contribute to the country's sustainable development goals and foster a more environmentally conscious approach to energy production. Furthermore, this partnership highlights the increasing interest and investment in green infrastructure projects globally. The focus on green bonds, ESG (Environmental, Social, and Governance) criteria, and sustainable financing underscores the growing shift towards environmentally friendly initiatives in the financial sector. Overall, the collaboration to build Paraguay's first green hydrogen plant signifies a positive stride towards enhancing the country's renewable energy capabilities, aligning with the broader global trend towards sustainable investments and infrastructure development.