National Energy Policy 2050 (2nd edition)

Date published

<p>This long-term energy policy proposes a vision of Chile’s energy sector by the year 2050 as being reliable, inclusive, competitive and sustainable. It is sustained by four pillars: Security and Quality Supply, Energy as a Driver for Development Environmentally-friendly Energy, Energy Efficiency and Education. The proposed measures and action plans shall be developed on the basis of these pillars between 2016 and the year 2050. This Policy outlined targets including renewable power generation share targets of 60% by 2035 and 70% by 2050. The Policy was developed through the Participatory Process for Energy Policy (Proceso Participativo de la Política Energética), which sought to promote an open process and a multisectoral effort that would articulate a shared vision for the future development of the energy sector.</p>

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives