Leadership and Community Engagement in Chile: Deploying Net-Zero Technologies and Solutions

Summary

Chile is pursuing an ambitious goal of greenhouse gas neutrality by 2050, supported by its Climate Change Law (21455). This transition requires an estimated $50 billion USD in capital expenditure by 2050, but is projected to yield $80 billion USD in cost savings, resulting in a net positive value of $30 billion USD. Key targets from its 2020 NDC include limiting CO₂e emissions to 95 Mt annually by 2030 and reducing black carbon emissions by 25% by 2030 from 2006 levels. The Net Zero World initiative is assisting Chile through energy system modeling, district energy deployment (targeting 500,000 users by 2050), and supporting a just transition in coal-dependent communities like Tocopilla, where over 439 MW of coal capacity has already retired and another 282 MW is scheduled to close in 2024.

Key Facts

Source Document

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