In a significant move for sustainable development and climate action, the World Bank has approved a new operation to support the green hydrogen strategy of the Companhia de Desenvolvimento do Complexo Industrial e Portuário do Pecém (CIPP) and the Government of Ceará in Brazil. This initiative aims to convert the Pecém Industrial and Port Complex into a leading hub for clean hydrogen production, positioning the state of Ceará at the forefront of the global clean energy transition. Supported by state and federal governments, the project will finance infrastructure to attract private investment in clean hydrogen, drawing on global best practices from World Bank-supported hydrogen initiatives in Chile and India. The project's goal is to reduce carbon emissions, advance Brazil's clean energy objectives, and create opportunities for stakeholders across the energy sector while generating economic benefits and climate advantages. The initiative is expected to have a transformative impact on Ceará by promoting job creation, social inclusion, and climate resilience, leveraging the region's renewable energy potential to play a significant role in decarbonizing industries and transport. The World Bank's support aligns with Brazil's climate goals and clean energy policies, including the Nationally Determined Contribution, the National Hydrogen Program, and the New Brazil Industry Policy. With a financing structure totaling US$134 million, combining loans and grants, the project will implement global best practices in clean hydrogen development, building on experiences from Chile and India. Green hydrogen is acknowledged as crucial for decarbonizing challenging sectors and achieving net-zero emissions, with global demand projected to rise significantly by 2050. By supporting Ceará's green hydrogen strategy, the World Bank not only contributes to Brazil's clean energy transition but also sets an example for sustainable development in emerging markets globally. This initiative signals a positive step towards innovation, investment, and inclusive growth, positioning Ceará as a leader in the global hydrogen economy and emphasizing the importance of international cooperation and investment in green hydrogen to meet climate targets.