Subscribe Now
Sign up for our newsletter to receive the latest updates.
CHILE'S COMMITMENT
To The Paris Agreement And Net Zero 2050
Chile has committed to reducing its greenhouse gas (GHG) emissions by at least 30% by 2030 compared to 2007 levels, with a broader goal of achieving Net Zero emissions by 2050 under the Paris Agreement. A critical aspect of Chile’s climate strategy involves improving energy efficiency across its government and commercial buildings, which are significant contributors to the nation’s energy consumption and carbon footprint.
Chile faces challenges such as outdated energy systems and financial constraints that limit the adoption of energy-efficient technologies. ESCO Financial addresses these challenges through its Energy Efficiency-as-a-Service (EEaaS) model, which provides the capital needed to upgrade critical energy systems, including HVAC units, boilers, chillers, smart controls, motors, compressors, air handling units, and lighting systems. These upgrades lead to substantial reductions in energy consumption and GHG emissions, helping Chile meet and exceed its climate goals.
The International Performance Measurement and Verification Protocol (IPMVP) is essential in ensuring that Chile’s energy efficiency measures result in measurable carbon reductions. By applying IPMVP, Chile can demonstrate the effectiveness of its initiatives, supporting its Paris Agreement commitments and attracting further international investment.
Chile also faces challenges in managing waste, particularly in reducing methane emissions from landfills. ESCO Financial’s Waste-to-Energy-as-a-Service (WtEaaS) model provides a sustainable solution by converting waste into energy, reducing landfill reliance, and aligning with Chile’s Paris Agreement goals. This approach accelerates Chile’s progress toward achieving Net Zero by 2050, providing both environmental and economic benefits..
Subscribe Now
Sign up for our newsletter to receive the latest updates.