World Bank OKs support of green hydrogen strategy in Brazil’s Ceará

In Washington, World Bank Board of Directors approved a new operation to support the green hydrogen strategy of Companhia de Desenvolvimento do Complexo Industrial e Portuário do Pecém (Pecém Industrial and Port Complex Company – CIPP) and the Government of Ceará. By enabling clean hydrogen production in the Complex of Pecém, this initiative places the Brazilian state at the forefront of the global clean energy transition, while also promoting jobs, inclusion, and long-term climate resilience.

Located in the state of Ceará, in Northeastern Brazil, CIPP is a major industrial and logistics hub and a leading location for the development of a hydrogen hub in the country. It is strategically positioned to drive an energy transition, supported by both the State and Federal Government.