Chile Updates Contributions to Paris Climate Accord and Wants to be Carbon Neutral by 2050

On April 9th, 2020, Chile presented its updated and more ambitious NDCs (Nationally Determined Contributions) to reach carbon neutrality by 2050. As president of the COP25 that took place in Madrid 2019, Chile takes on its role in mobilising higher ambition worldwide.

The Chilean NDCs advance the country's emission peak to 2025 and reduce the annual emissions to 95Mt CO2eq by 2030. The plan to achieve carbon neutrality in 2050 also includes phasing out ten of 28 coal power plants by 2024 and promoting renewable energy and electric vehicles. Reforestation with native trees and the reduction of deforestation emissions is also part of the Chilean NDCs. The "green" Hydrogen economy is supposed to contribute 21 percent to GHG mitigation.

Together with the Ministers for Environment and Science, Energy Minister Jobet explained how the transition of the energy sector can contribute in a way that does not only mitigate emissions but will eventually be cheaper than not to decarbonize. In consensus with the energy industry and representatives of the civil society, the Ministry intends to continue with its path to a coal phase-out and decarbonization, more renewables, less contamination, more electromobility and stable and affordable prices.

Both Germany and Chile strongly support the Paris Agreement. Chile is among the countries most vulnerable to the extreme consequences of climate change. Large parts of the country’s emissions stem from the energy sector. A way to reduce these emissions is to increase energy efficiency, phase-out fossil fuels and to integrate more renewables. Chile and Germany share the goal to be carbon neutral by 2050. Despite the economically uncertain times, both countries underline that they are staying on track with their ambitious energy transformation plans.

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