Chile’s New Green Legislation
Like many countries in the developed world, Chile is keen to protect its natural fauna, flora and native peoples from the impact of irresponsible industrialization. The new laws set out in the Environmental Impact System Regulations brings Chile in line with legislation already in effect in countries like Australia, Italy, Japan, New Zealand, Sweden, Switzerland, and the United States of America.
Chile Environmental Facts
The law proposes two new instruments:
1. Environmental Impact Statement
A number of potential projects will now legally be required to submit an impact statement prior to work commencing. These projects include (but are not limited to) the constructions of ports, airports, aqueducts, power lines, mining development, oil pipelines, manufacturing facilities, and forestry development.
A consultation process, where necessary, with the indigenous communities is now a requirement. Meetings with the interested parties must be held within 20-30 days of the announcement of the proposed project, and their views, opinions and concerns must be recorded and analysed accordingly.
2. Environmental Impact Study
An Environmental Impact Study will only be required should the Impact Statement raise a significant concern. (see below)
When is an Environmental Impact Study Required?
Environmental awareness is growing rapidly. Emerging economies are accommodating their legal frameworks to match the new social and environmental standards that citizens are demanding for. Companies must be aware of the legal obligations arising from the new regulatory frameworks; especially those aiming to conduct resource-intensive projects. In Harris Gomez Group, we help our clients identifying opportunities, managing risks and mitigating reputational costs. In particular, we provide our clients with the following services: