Hydrogen in Latin America and the Caribbean

According to the Hincio Study, Colombia is one of the three countries leading efforts in Latin America to develop a hydrogen economy. Since the country’s national hydrogen strategy was launched in 2021, the new government of Gustavo Petro has redoubled already aggressive carbon reduction targets by freezing new licences for oil exploration and increasing taxes on hydrocarbons, although oil and mining make up nearly half of the country’s export revenues.