Who controls the green hydrogen transition in Latin America?
LSE analysis warns of project concentration in European corporate hands and risk of green colonialism. Recommends public policies that ensure benefits for local communities.
A London School of Economics study ignited debate over who controls Latin America's green hydrogen transition. Over 60% of the 78 announced H2V projects are in the hands of European corporations and international funds. The study introduces the concept of 'green colonialism': the risk that Latin American countries become mere hydrogen exporters without developing local supply chains. Chile, Brazil, Argentina and Colombia are most vulnerable. The LSE recommends policies conditioning project approval on local counterparts. ALAGER advocates that renewable origin certification include local socioeconomic development criteria.
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