The Pecem Industrial & Port Complex in Brazil, in collaboration with the Government of Ceara, has secured significant financial backing of US$134 million from the World Bank to support its hydrogen strategy. This funding, facilitated through various instruments including loans, grants, and investments, aims to drive the development of green energy initiatives within the complex. The financing package consists of contributions from the International Bank for Reconstruction and Development, the IBRD Surplus-Funded Livable Planet Fund, and the Climate Investment Funds, among others. The Ceara government has taken proactive steps by signing over 40 memoranda of understanding and six pre-contracts with key industry players like Linde, EDF, EDP, Engie, BP, Fortescue, and Grupo Jepri to enhance green hydrogen production. Notably, Fortescue made a significant move by becoming the first company to secure a pre-contract for a $5 billion hydrogen project within the Pecem complex, signifying a major leap in the adoption of green hydrogen technology. This collaboration between public and private entities sets a promising trajectory for the growth of the hydrogen sector, highlighting a strong commitment to sustainable industrial development and environmental conservation.