TOKYO: Government ministers and other participants at an international conference in Tokyo agreed to create global demand for 150 million tons of hydrogen by 2030.
Participants of the Japan-led Hydrogen Energy Ministerial Meeting on Monday adopted the chair’s summary, which called for reaching the target by boosting countries’ cooperation over the utilization of hydrogen as an energy source.
The meeting was held as part of Tokyo GX Week, a collection of international conferences on balancing decarbonization with economic growth through so-called green transformation.
“We want to promote green transformation around the world, by creating innovation through Japan-led efforts and organizing concrete projects with other countries,” Japanese industry minister NISHIMURA Yasutoshi, who served as conference chairman, said.
A total of 23 entities, including countries, regions and international organizations such as the World Bank, participated in the meeting.
The chairman’s summary set new targets for hydrogen demand, citing uncertainties about demand as one of the factors hindering hydrogen-related investment. It also noted the need for financial assistance to developing countries.
Tokyo GX Week, which began Monday, is slated to run through Oct. 5. International conferences spanning nine themes, including fuel ammonia and carbon recycling, are set to be held in Tokyo, Fukushima Prefecture in northeastern Japan and Hiroshima Prefecture in western Japan.
JIJI Press