• As a panelist on Responsible Business Conduct, agency director Karla Flores discussed Chile’s approach to attracting sustainable foreign investment.

InvestChile Director Karla Flores participated as a panelist in the OECD Latin America and the Caribbean’s Third Ministerial Summit at the session titled “Leveraging Responsible Business Conduct to Drive Sustainable and Trustworthy Investment in LAC,” held at the Central Bank of Paraguay.

Organized by the Investment Division and the OECD Centre for Responsible Business Conduct in Asunción, in collaboration with Business at OECD, the event gathered representatives from governments, international organizations and companies to discuss how OECD standards can boost sustainability and resilience in regional investment.

Sustainability as a value proposition

InvestChile Director Karla Flores’s remarks highlighted Chile’s role as a strategic destination for responsible investment:

«Today, Chile is auspiciously positioned to offer investment opportunities critical to global challenges like climate change.»

She noted that the country has become one of the most attractive emerging markets for investing in clean energy, critical minerals and new industries related to green hydrogen.

«Of the US$56 billion portfolio InvestChile managed last year, green hydrogen, wind and solar generation and storage projects accounted for approximately US$37 billion,» Flores said.

She also explained that promoting sustainability involves attracting responsible investment that expands local skills, while fostering quality jobs and technology transfer, especially in strategic sectors such as renewable energy, critical minerals, digital infrastructure and electromobility.

Responsible investment and a trustworthy environment

Also attending the session moderated by Germán Zarama, OECD Manager for Latin America and the Caribbean on Responsible Business Conduct, were Carolyn Robert (IDB), Luis Fernando Medina Sierra (Colombian Ambassador to the OECD), Beatriz Sánchez Patzán (ProGuatemala / Guatemalan Economy Minister) and Lilian Lustre (Sanofi).

Karla Flores commented on the factors that are currently attracting responsible investment:

«Investors value environments that offer legal certainty, institutional stability and a clear purpose.»

She noted that InvestChile has incorporated sustainability into all its promotional efforts across the board, from proactive project identification to investor assistance.

«We support initiatives that drive decarbonization, promote technological innovation and strengthen Chile’s position in sustainable value chains,» she added.

InvestChile’s participation in the OECD Ministerial Summit reaffirms Chile’s commitment to attracting responsible, sustainable foreign direct investment that aligns with international standards of Responsible Business Conduct (RBC) and the Sustainable Development Goals (SDGs).