Chile's state development agency Corfo is actively supporting the growth of the hydrogen ecosystem, particularly focusing on green hydrogen initiatives. A US$1 billion financing facility, backed by multiple development banks, is set to launch this year to facilitate project development by reducing capital costs and risks. The agency is also considering grants for electrolyzer projects and the feasibility of supporting wind turbine components locally. Chile's commitment to becoming a global green hydrogen leader is evident from its project portfolio and sector development policies. In neighboring Argentina, the government is preparing to introduce a hydrogen bill aimed at leveraging hydrogen's potential in decarbonizing sectors like steel and fertilizers. This legislative move is part of a broader economic overhaul to attract investments and improve competitiveness. The region's potential in green hydrogen was a key focus at the H2LAC 2024 conference in Santiago, with discussions on the role of subsidies, efficiencies, and synergies in fostering industry growth. Stable regulatory frameworks and private investments are highlighted as crucial elements for the successful development of the hydrogen industry in both countries and across Latin America.