Voluntary tool
Voluntary certification tool from Huella Chile for public and private organizations to certify their actions towards a net-zero nature-positive footprint.
Actions to mitigate and adapt to climate change
ConvergEN+: Energy and Nature Positive
The initiative, framed within the global Net Zero and Nature Positive Accelerator program funded by the GEF, seeks to strengthen Chilean institutions, public policies, and regulations to accelerate development pathways with net-zero emissions and nature-positive outcomes.
Context
Why move towards a Net Zero economy?
Climate change, along with biodiversity loss and pollution, constitute the “triple planetary crisis“, a concept that refers to the interrelationship of these three major problems and their devastating effects:
- Ecosystem instability.
- Deterioration of people’s quality of life.
- Significant economic losses.
Globally, efforts are being made to address this crisis, such as the Paris Agreement, where each country commits to reducing its Greenhouse Gas (GHG) emissions through mitigation and adaptation actions to climate change. Nationally, and in addition to adhering to these treaties, the Framework Law on Climate Change stands out, which aims for Chile to be a carbon-neutral country by no later than 2050.
A new approach
Ten years after the Paris Agreement, science (IPCC 2022) demonstrated that with current trends, global warming will not be limited, leading to new approaches to accelerate climate action. This includes the initiative “Accelerating the Transition to a Net Zero and Nature Positive Economy in Chile (NZNP)“, framed within the global Net Zero and Nature Positive Accelerator program, led by UNEP and funded by the GEF. In Chile – one of the 4 countries selected to implement these types of programs – it is led by the Ministry of Energy, the Ministry of Environment, and the Ministry of Finance.
Objectives
What does the Net Zero and Nature Positive economy initiative seek?
The initiative seeks to strengthen Chilean institutions, public policies, and regulations to accelerate development pathways with net-zero emissions and nature-positive outcomes. In addition to:
- Reinforce the coherence, alignment, and complementarity (and their measurement) of the various public-private instruments and tools related to climate change.
- Incorporate nature dimensions into the climate change financing strategy to transition to a net-zero nature-positive financing strategy.
- Promote a global decarbonization roadmap for energy demand (industrial, domestic, commercial, and public energy).
- Build capacity and raise awareness about energy demand decarbonization alternatives.
Governance
Governance
Leads
Implements
Executes
Funds
Impact
Expected results
Comprehensive strategy
Comprehensive net-zero nature-positive financing strategy, by incorporating biodiversity financing into the Ministry of Finance’s Climate Change Financial Strategy.
Roadmap
Roadmap for the decarbonization of energy demand with a focus on thermal energy and a nature-positive approach, with a gender perspective and consideration for indigenous peoples.
Investment projects
Portfolio of investment projects aligned with the energy demand decarbonization roadmap.
Pilot projects
Pilot projects to be developed in three regions to be defined, focusing on economic sectors where replicability leads to high decarbonization impacts.
Associated SDGs
Associated SDGs
This initiative contributes to the Sustainable Development Goals:
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