In 2023, CO2 emissions in Chile stood at 96.43 Million Metric Tons, reflecting a year-on-year increase of 4.57% compared to 2022. Over the last five years, the compound annual growth rate (CAGR) averaged 2.38%, indicating a modest yet consistent rise. The trend over the past decade shows fluctuations, with notable decreases in 2014, 2018, and a sharp decline in 2020, but overall growth has persisted.
Looking forward, the forecast data predicts a continuing upward trajectory with a 5-year CAGR of 1.53% and a forecasted growth rate of 7.86% by 2028. This suggests ongoing challenges in managing CO2 emissions despite potential mitigation efforts.
Future trends to watch for:
- Implementation and impact of new environmental policies
- Technological advancements in emissions reduction
- Economic changes influencing industrial output
- Shifts in energy production towards renewable sources