The operation's general objective is to support Chile in its fair, clean and sustainable energy transition. The specific objectives are: (i) improve the regulatory framework that will carry out the necessary policy changes to guarantee long-term affordability and financial sustainability of the energy sector with quality and reliability of service; (ii) support the policy reforms aiming at accelerating the energy matrix decarbonization and foster innovation with emphasis on citizens' participation, and (iii) contribute to ensure minimum levels of quality of life for vulnerable people resulting from the COVID-19 triggered crisis.
The bank has categorized the environmental and social risks as B13.
**Project contacts not available at the time of disclosure.**
ACCOUNTABILITY MECHANISM OF IADB/IDB Invest
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).