White Paper
White Paper Series: Good Green Hydrogen Contracting
This white paper argues that Bilateral Investment Treaties (BITs), intergovernmental agreements, and host government agreements can reduce the cost of capital for green hydrogen projects in developing countries. High-risk premia, policy instability, and regulatory uncertainty deter investors, raising financing costs. BITs provide protections such as currency convertibility, profit repatriation, and access to international arbitration, while project-specific agreements stabilize fiscal and legal terms. Using Argentina as a case study, the paper recommends standardized investment agreements linked to BITs to de-risk projects and attract capital. This approach could unlock global green hydrogen potential at scale.