Islamic Corporation for the Development of the Private Sector (ICD) Inspires Positive Change in Green Hydrogen Revolution with Successful Annual Meeting Side Event

Riyadh, Saudi Arabia – April 29th, 2024 – The Islamic Corporation for the Development of the Private Sector (ICD), in its unwavering commitment to sustainable investment, proudly announces the conclusion of its groundbreaking Annual Meeting Side Event on "Green Hydrogen Financing: Challenges & Opportunities." This event underscored the pivotal role of Green Hydrogen in spearheading a sustainable energy future, marking a significant milestone in the global transition towards clean energy.

The event brought together leading experts, policymakers, technology developers, investors, and project developers from across the globe to share insights, trends, and best practices in Green Hydrogen projects. Through engaging discussions and knowledge-sharing sessions, the side event served as a platform for fostering cross-sectoral dialogue, shaping supportive policies, and generating public enthusiasm for Green Hydrogen’s potential.

Key outcomes of the event include a comprehensive understanding of Green Hydrogen technology, recommendations for advancing Green Hydrogen deployment, and enhanced collaboration among stakeholders. The discussions also sparked potential investment commitments and project development initiatives, highlighting the growing momentum behind Green Hydrogen as a clean and sustainable energy solution.

The ICD thanks all speakers, participants, and partners for their contributions and looks forward to continuing its efforts in promoting sustainable investment and renewable energy adoption among its member countries.

For more insights into the event and information on future initiatives, please visit the ICD's official website at icd-ps.org and follow us on our social media channels: X (formerly Twitter) @icd_ps, LinkedIn @icdps, Facebook @icdps, and YouTube @icdps.

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About the Islamic Corporation for the Development of the Private Sector (ICD)

ICD is a multilateral organization and a member of the Islamic Development Bank (IsDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Shariah. ICD also provides advice to governments and private organizations to encourage the establishment, expansion, and modernization of private enterprises. ICD is rated ‘A2’ by Moody’s, ‘A+’ by Fitch, and ‘A-’ by S&P. For more information, visit www.icd-ps.org