Chile’s clean growth agenda has broadened and become more ambitious under successive governments since the beginning of President Michele Bachelet’s second term in office in 2014, and has now further intensified due to the recovery needed after the Covid-19 pandemic.
Driven by both economic and climate imperatives, it now has a cohesive strategy to reduce reliance on imported fossil fuels, harness its almost limitless amounts of solar and wind energy, and incorporate global know-how to reduce consumption and pollution to create a cleaner and low carbon environment.
This report will cover the following components of the green growth agenda:
● Power Generation – the electricity business
● Consumption – transportation, construction, and mining
● Materials and waste management.
Below is a summary of the goals that have been assigned by the Sectoral Ministries, taken from a report produced for the British Embassy in Santiago in February 2021:
| Sector | Main Targets |
| Energy | 70% of electricity from renewable sources by 2030 and 95% by 2050 Retirement of all coal-fired power stations by 2040 10% reduction in nationwide energy intensity by 2030 Mandatory energy management systems for large energy consumers, within the framework of the Energy Efficiency Law 5 GW of green hydrogen electrolysis capacity by 2025 and 25 GW by 2030 The cheapest green hydrogen in the world by 2030 Chile among the 3 biggest exporters of green H2 by 2040 |
| Transport | 100% electric public transport by 2040 40% electric private vehicles by 2050 Promotion and strengthening of non-motorised modes of transport 15% of freight transport via electric railway Energy efficiency standards for new vehicles |
| Mining | Use of hydrogen-fuelled trucks in the mining industry by 2028 |
| Construction | Energy certification of new housing |
| Materials and Waste Management | 30% of household organic waste recovered by 2030 Maximum 10% of household waste sent to landfills by 2040 30% co-processing of waste by 2030 (base level of 12% in 2014) Targets for recovery and reclamation of materials (tyres, containers and packaging) starting in 2024 and by 2030. |
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