Latin America is witnessing a green hydrogen revolution, with Chile at the forefront of innovation. The region's shift towards green hydrogen, particularly for transportation and industrial sectors, is positioned to have a game-changing impact on its energy and economic landscape. With more than 200 projects in progress and a substantial investment potential of up to $300 billion, Latin America is gearing up to play a significant role in the global low-emissions hydrogen market. The Latin American Energy Organization (OLADE) projects that by 2050, the region could produce between 20-30 million tons of green hydrogen annually. This clean energy source, derived from renewable sources like solar and wind power, has the capacity to fuel entire public transportation systems of major cities like Buenos Aires, Mexico City, and Lima for several years. The development of green hydrogen projects in countries such as Chile, Brazil, Colombia, Argentina, Costa Rica, and Peru is expected to create around 350,000 new jobs and generate over $13 billion in annual exports. Despite the promising outlook, challenges lie ahead. Issues such as regulatory frameworks, scarcity of skilled technical workforce, investment risks, and inadequate infrastructure for hydrogen production, storage, and transportation need to be tackled. The Inter-American Development Bank and OLADE are paving the way by promoting training programs, clean production certifications, and initiatives to attract foreign investments. Latin America's green hydrogen industry hinges on factors like increased electricity generation from renewables and the creation of demand to drive down costs and compete with conventional fuels. While the region leads in clean electricity production, further scaling and cost efficiency are essential for green hydrogen to substitute fossil fuels effectively. The future vision for Latin America's green hydrogen sector entails export growth, job creation, and sustainable economic development, emphasizing the need for collaborative efforts, investments, and a clear political roadmap.