Efforts to limit global temperature rise to 1.5°C are falling short, leading to a focus on aggressive decarbonization strategies. Green hydrogen is highlighted in a new briefing by the International Finance Corporation (IFC) as a transformative technology for achieving net-zero emissions. While most hydrogen is currently fossil fuel-based, green hydrogen, produced through renewable-powered electrolysis, offers a sustainable alternative with zero emissions. However, challenges like high production costs and nascent markets impede its widespread adoption. IFC is actively supporting green hydrogen projects globally, investing over $10 billion and providing expertise, financial instruments, and advisory services. Beyond financial aid, IFC collaborates with the private sector to develop necessary infrastructure for green hydrogen deployment. The institution's efforts aim to accelerate the growth of the green hydrogen industry, create jobs, and foster economic growth in emerging markets. The global transition to a low-carbon future relies on coordinated action from governments, development institutions, donors, and the private sector to overcome barriers and ensure market viability. Green hydrogen is seen as a vital tool in decarbonizing industries and transport sectors. IFC's proactive stance underscores the importance of strategic investments and global collaboration for a sustainable future.