It focuses on the accountability, information-sharing, and opportunities for public participation in the policy, regulatory, and business processes that shape the hydrogen economy. Outlined below are the results of our risk assessment on transparency and participation: Risk Impact Mitigation Ineffective communication with investors. Probability Impact Period of Influence Short-term • Investors’ ability to provide reliable feasibility studies before signing investment agreements may be impacted. • The time needed to launch the implementation of hydrogen projects may increase. • Maintain the conduction of regular roundtable discussions with investors to share updates, communicate decisions directly, and gather feedback for potential adjustments. • Align policies and decision-making with common understanding shared with investors. Lack of a shared vision among committee members. Probability Impact Period of Influence Short-term A lack of idea-sharing and limited channels of communication may result in fragmented decision­making, inefficiencies, and failure to achieve strategic objectives. • Facilitate the exchange of strategic plans between organizations to promote harmonization and synergy, helping to avoid the adverse impacts of independently developed regulations. • Continue conducting regular inter­committee workshops to ensure aligned decision-making. Limited participation in decision-making. Probability Impact Period of Influence Short-term Misunderstandings, misinterpretation, and conflict. • Extend participation in formalized committees to include academia, economists, and related subject matter experts. • Extend the participation to include MODEE, to define possibilities for digitization across ministries. IV. Standards and Certification This pillar tackles the establishment, enforcement, and recognition of consistent standards and certification processes for hydrogen products, technologies, and operations. It focuses on the need for well-defined and widely-accepted standards and certification systems to ensure the quality, safety, reasonable environmental impact, and sustainability of hydrogen-related activities across the value chain—from production to trading and usage. 41