OVERVIEW Investing in Climate Action: The Case for Hydrogen Foreword by Dominique Senequier 6 and Mathias Burghardt 8 Hydrogen, a key to the transition challenge 10 PERSPECTIVES 12 Hydrogen: the “new natural gas” by Ernest J. Moniz 14 A global roadmap for a narrow path by Fatih Birol 16 Joining forces to make hydrogen a reality by Klaus Bonhoff & Ernest J. Moniz 18 The first end-to-end hydrogen economy by Stephan Dohler & Urban Keussen 20 Renewables in the United States by Martin Mugica 22 UAE: a leader in global hydrogen investments by Musabbeh Al Kaabi 24 MOVING AHEAD 26 Building confidence in hydrogen investments by Fabio Ferrari 28 Hydrogen is the game-changer by Bernard Frois 30 H moves mainstream2 by Daryl Wilson 32 Moving faster, together by Noé Van Hulst 34 CHALLENGES AND SOLUTIONS 36 Hydrogen solutions by Adrian Leonard 38 Hyundai: hydrogen on the road by Sae Hoon Kim & Fabio Ferrari 40 Hy24: financing hydrogen projects by Amir Sharifi 42 Regulation is essential to scale-up the hydrogen sector by Nicolas Brahy 44 Priorities for European regulators according to A2A by Renato Mazzoncini 46 4