Data-to-Deal (D2D) in Chile: Mobilising Financial Resources Through a Long-Term Plan

Data-to-Deal (D2D) is a pioneering approach developed by over 80 global experts to address the urgent need for financial mobilization towards climate-compatible growth. At its core, D2D leverages open data and informed policymaking to drive the transition towards sustainable, low-carbon economies. The approach facilitates billions of dollars in financial mobilisation by crafting national visions that guide the development of customised climate finance strategies. Initially documented in Costa Rica, the D2D method has been further elaborated through case studies in Uruguay, Chile, and the Dominican Republic, each providing valuable insights into the process's application and effectiveness in varying national contexts. The three additional case studies reveal both common themes and unique challenges faced by each country in implementing the D2D approach. Across the board, a robust legal and institutional framework forms the bedrock of successful D2D application. This includes the development of Long-Term Strategies (LTS) that align with each country's broader development goals, ensuring that climate action is integrated into national priorities. Moreover, each case underscores the importance of multisectoral collaboration, involving government, private sector, academia, and civil society in the LTS development and implementation process. This collaborative effort ensures a comprehensive and inclusive approach to climate action, reflecting a wide range of perspectives and expertise. Chile stands out for its legislative progress, having enacted a Climate Change Framework Law that codifies its climate commitments and strategies into law, showcasing the power of legal instruments in solidifying climate action.