Americas > Compliance Markets & Taxes > Chile’s NDC 3.0 adds ambition, huge CO2 tax hike by 2035

Chile’s NDC 3.0 adds ambition, huge CO2 tax hike by 2035

Published 22:58 on September 28, 2025 / Last updated at 22:58 on September 28, 2025 / / Americas (Compliance Markets & Taxes, LATAM & Caribbean), International (UN Climate Talks), Net Zero Transition (Power/Electrification)

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The Chilean government has uploaded its third Nationally Determined Contribution (NDC) climate targets, including a dramatic increase in the national CO2 tax by 2035, extra targets, and a minor deepening of emissions cuts relative to June’s public draft.
The Chilean government has uploaded its third Nationally Determined Contribution (NDC) climate targets, including a dramatic increase in the national CO2 tax by 2035, extra targets, and a minor deepening of emissions cuts relative to June’s public draft.


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