Global Challenges and National Responses: Indicators to Evaluate Public Policies for Mining Development in Chile in the Context of the Global Energy Transition

The challenges of climate change require in-depth attention and targeted strategies for specific sectors, such as energy and mining. Within the mining sector, climate change imposes constraints on the sustainable extraction of minerals, thereby heightening the importance of several minerals in addressing these challenges. Chile emerges as a pivotal nation due to its substantial reserves of copper, lithium, cobalt, nickel, and graphite, which are essential for energy transition and decarbonization processes. Consequently, Chile must foster gradual processes to establish competitive advantages based on technological and innovative capabilities, thus projecting a competitive and sustainable mining industry. This endeavor should be accompanied by enhancements in policies and instruments to guide development, expanding local value creation. This study examines the global challenges faced by the mining sector in the context of the energy transition and evaluates Chile’s response through an assessment of public policies for mining development. It provides an analysis of the scope of various public policy instruments to establish the link between international agreements and development opportunities, subsequently proposing a series of indicators to assess policy progress. To this end, the Environmental Observatory of Mining Projects is developing indicators to evaluate compliance with these policies. In addressing the nation’s challenges related to sustainable mining, the study underscores the imperative for comprehensive policy frameworks.