Chile's Ministry of Finance, represented by Carola Moreno, Coordinator for Finance and International Affairs, took part in ENAMAC 2025 in Santiago and set out how the construction sector can access finance while meeting sustainable investment criteria, highlighting Chile’s environmental taxonomy as a mechanism to steer capital toward genuinely sustainable activities. Moreno described the taxonomy, available since 2025, as a voluntary self-assessment classification tool intended to provide credible information on what qualifies as environmentally sustainable, enabling the financial sector to identify projects and channel resources via instruments such as green loans and green bonds linked to mitigation and adaptation, and potentially future objectives such as biodiversity protection. She also linked the taxonomy to the Ministry-led Financial Strategy for Climate Change, completed in 2024 and now under monitoring, and noted it was built with input from regulators, financial associations, experts and universities, including more than 300 public consultation comments, to support comparability with taxonomies in other jurisdictions. The presentation also cited the construction sector’s economic and financial footprint in Chile, including more than 700,000 jobs and over one third of credit exposure going to housing and construction, alongside its emissions relevance and the country’s carbon neutrality by 2050 commitment under the Framework Law on Climate Change.

Original source View in tracker