Published on June 30, 2020.<\/p>\n\n\n\n
In order to build a stronger economy and promote sustainable investments to face the post-COVID-19 economic reactivation, the Production Development Corporation (Corfo) announced the creation of the \u201cGreen Credit\u201d. Initiative that seeks to increase the development of projects for the generation or storage of Non-Conventional Renewable Energies (NCRE), Energy Efficiency, and environmental improvements in production processes (waste reuse, recycling, among others), with the aim of reducing the effects climate change and \/ or improve the environmental sustainability of companies.<\/p>\n\n\n\n
\u201dIn Corfo\nWe are convinced that it is not possible to think about development, if it is not\nsustainable. The Green Credit seeks to promote those initiatives that are a\ncontribute to the environment and help mitigate the effects of climate change (...)\nand to a more solid economic reactivation (\u2026) \u201d, stated Pablo Terrazas,\nExecutive Vice President of Corfo.<\/p>\n\n\n\n
This\ninitiative, which is expected to take effect from July of this year, has a\nbudget of US $ 39 million for this 2020, and will benefit all those\ncompanies that register annual sales of up to UF 600 thousand, being able to access\nfinancing of up to 70% of the total investment, for a maximum term of\n15 years. <\/p>\n\n\n\n
To know more details and conditions of the Green Credit click\nhere<\/a>.\n<\/p>\n