Chile Opportunities: New green hydrogen energy funding programme announced

New Green Hydrogen Energy Funding Programme
Written by Ian Cardenas (Paralegal)
Transform Climate Change Programme

Corfo and the Ministry of Environment launched the Transform Climate Change Programme, a public-private partnership initiative to promote and accelerate the adoption of activities and practices by companies and organisations to contribute to climate change mitigation and adaptation in their production processes.

“Climate change is the greatest challenge we face as a generation and our efforts must be focused on driving climate action at all levels.  Public and private organisations have a fundamental role to play in implementing actions that will lead us to meet the objectives of the Framework Law on Climate Change, to be carbon neutral and climate resilient by 2050 at the latest, which, although it is a long road, we must start today.”

Maisa Rojas, Minister of the Environment.

On the other hand, José Miguel Benavente, the vice president of Corfo, stated “The programme seeks to promote the creation of technological solutions that allow Chilean companies and organizations to respond to the challenges imposed by climate change and thus contribute to the fulfilment of the Long Term Climate Strategy 2050. In the first stage of this programme, a roadmap will be drawn up with the participation of companies, NGOs and the public sector, to define courses of action in areas such as the reduction of greenhouse gas emissions, as well as resilience to the effects of climate change”.

Technology Programme for the use and adoption of hydrogen in Chilean industry

It is a public-private initiative that will aim to promote and accelerate the adoption by companies and organisations of activities and practices to contribute to the mitigation and adaptation of climate change in their production processes.

The Ministry of Economy and Corfo pointed out that the project aims to co-finance technological innovation projects for products and processes, thus advancing the decarbonisation and sustainability of different productive sectors. In this way, Corfo will co-finance up to 60% of the total cost of their respective programmes, with a maximum subsidy amount of up to $3.5 billion.

The measure was announced after the EU signed a cooperation agreement with Chile in one of the most important weeks for energy in the country, which was signed by President Gabriel Boric and the President of the European Commission, Ursula Ursula von leads der Leyen, with the aim of contributing to the development of the renewable hydrogen industry in Chile.

The programme seeks to address two challenges: the first, energy transformation to hydrogen in local industries with high CO2 emissions, which involves incorporating or adapting industrial processes and applications that use hydrogen as a fuel or energy vector. The second seeks to promote the application of hydrogen in the production of local manufactured products, with the aim of massifying local demand for green hydrogen in production processes.

In the words of the vice-president of Corfo, “The green hydrogen industry requires a series of processes and competencies at the forefront of advances in innovation, science and technology. From Corfo, and through this call, we seek to support projects between companies and key actors, so that we have supply and demand available. This technological programme has a special emphasis on renewable or green hydrogen, financing projects for up to $3,500 million”.

What is the deadline for applications?

Corfo’s call for applications will be open until Thursday 31 August this year, until 15:00 hours local Chile time. Companies and actors interested in knowing the requirements and application rules can enter,. Interested parties can get in touch with the HGG team, or also send their queries to

Harris Gomez Group opened its doors in 1997 as an Australian legal and commercial firm. In 2001, we expanded our practice to the international market with the establishment of our office in Santiago, Chile. This international expansion meant that as an English speaking law firm we could provide an essential bridge for Australian companies with interests and activities in Latin America, and to provide legal advice in Chile, Peru and the rest of Latin America. In opening this office, HGG became the first Australian law firm with an office in Latin America.
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