Green Hydrogen represents a unique opportunity for the clean energy transition. Climate change is an existential threat to a sustainable future, but at the same time, facing up to the climate challenge is an opportunity to promote prosperity and a brighter future for all. Green hydrogen and its derivatives will play a vital role in the just energy transition. This collaboration between UNIDO, the International Renewable Energy Agency (IRENA) and the German Institute of Development and Sustainability (IDOS) has synergized our collective commitment to fostering a global energy transition that leverages green hydrogen. This partnership focuses on amplifying international cooperation to facilitate the investment, policy-making and clean technology adoption, which are essential for inclusive and sustainable industrial development in line with the UN Sustainable Development Goals. All three organizations emphasize the transformative potential of green hydrogen, especially for developing countries with vast renewable energy resources, viewing it as a catalyst for low-carbon industrialization and job creation. However, the actualization of these economic benefits depend on factors like existing industrial capacity and accessibility to technology. Therefore, it is pivotal to have further benefit-sharing mechanisms in place to safeguard a just transition for the society as a whole.