Chile has the necessary conditions to accelerate clean energy innovation as the geographical features of our country provide significant, high-quality renewable energy sources, such as abundant water supplies, a very high degree of solar radiation in the north and good wind conditions in certain areas. However, the modernization of the energy sector cannot be limited by technological development. It is essential that innovation puts people and their quality of life at the center of its aims, for both present and future generations.
Role in MI
- Participates in the:
Progress towards doubling public investment
Country-determined baseline year: FY 2015
Baseline funding amount: USD $4.186 million
Doubling target year: 2020
Doubling target amount: USD $9 million