Chile passes Energy Efficiency Law, aiming at a 10% reduction in consumption by 2030

Chile passed an Energy Efficiency Law. This law calls for companies to make a rational and efficient use of resources, which practically covers all energy consumption in the country: transportation, industry, mining, residential, public and commercial sectors. The Ministry of Energy will prepare a National Energy Efficiency Plan every five years. The first plan includes a goal to reduce energy intensity by at least 10% by 2030.

Senate passes FOGAPE 2.0 that extends transitional extension to December 2021

The Senate passed the bill to amend the Guarantee Fund for Small and Medium-sized Enterprises (Fogape). The legal text extends the current transitional extension -from 100,000 UF ($3.9 million) to 1,000,000 UF ($39.4 million)- to 31 December 2021, with respect to the maximum annual net sales, established as a requirement to allow entrepreneurs access to the Fund's guarantee.

Employment subsidies: 48,468 companies have submitted 366,487 workers to the programme

A total of 48,468 companies have applied for 366,487 workers for the employment subsidy programme. 30% of these workers applied for the "return to work" subsidy, and 70% for the "new hires" subsidy. The programme aims to encourage new hiring and to allow suspended workers to return to their jobs. The programme has a budget of $2 billion to benefit 1.3 million workers.

Third shipment of COVID-19 vaccine arrives in Chile

A new shipment of 88,725 doses of the COVID-19 vaccine arrived in Chile from Belgium to continue with the immunization plan the government has put in place. This shipment is the third after another two that arrived in recent weeks with a cumulative 21,000 doses. The government plans to vaccinate 15 million people identified within the target population in the first half of 2021.

Chilean environmental court approves agreement plan between Codelco and the government

A Chilean environmental court approved an agreement between state-owned copper miner Codelco and the government to remedy sustained water overuse by its Salvador mine. The government said that Codelco had overdrawn water from the northern Pedernales salt flat without considering its regeneration capacity. Codelco will now be required to recharge the Pedernales aquifer, conduct water studies both in the salt flat & river basins around it, establish better dialogue with parties in the area and restore 60 hectares of high Andean plains.

Chile will buy 14.4 million doses of AstraZeneca’s COVID-19 vaccine

AstraZeneca has filed data with Chilean regulators for the emergency roll-out of its Covid-19 vaccine in the country and could get a green light “weeks or even days” after approval by European or American regulators. Chile has signed a deal to buy 14.4 million doses of the drug, an amount that would vaccinate nearly 40% of Chile's population.

Chilean president announces that COVID-19 vaccination will begin on Thursday

President Sebastián Piñera said that the COVID-19 vaccination campaign will begin on Thursday, after the arrival of the first 10,000 doses. President Piñera announced that a plane carrying the Pfizer-BioNTech vaccines has already left Belgium and is scheduled to arrive in Chile in the early hours on Thursday. The vaccination process will begin immediately. Chile will have more than 30 million doses as a result of contracts signed wth separate companies.