• Building an autonomous and long-term source of revenue for the country (with the objective of full state ownership control)

• Generation of additional revenues by tapping into the dynamically expanding seller’s market for green hydrogen and through sale of carbon credits

• Becoming a leader in green energy export

• Reducing CO2 emissions for industries like steel and cement

• Job creation and economic growth

• Local private-sector opportunities through ancillary activities like construction, day-to-day operation and maintenance

• Access to new technology and expertise

• Positioning as a verifiably green investment country, affording credibility to expansion into e.g. sustainable (RSPO-certified) palm oil, green mobility, sustainable agriculture etc.

To sum up, the future belongs to those who write their own rules and utilize their own unfair advantages over competitors. Many nations of the Global South are equipped with assets that most European countries can only dream of – like plentiful renewable energy, thriving high-value agriculture and a young and eager workforce.