Chile is set to embark on a significant green hydrogen endeavor with the creation of a US$1 billion fund by its development agency Corfo. The fund will support projects related to green hydrogen demand, generation, and manufacturing components, offering avenues for funding through improved loan terms and guarantees. International organizations like the IDB, World Bank, EIB, KfW, and CAF are contributing to the initiative, showcasing widespread support for Chile's green hydrogen industry. While facing challenges due to the absence of specific regulations, Chile is implementing protocols to ensure project continuity. The country is progressing with large-scale green hydrogen projects and plans to introduce additional industry regulations to facilitate growth. As part of its strategy, Chile aims to leverage green hydrogen for both domestic use and exports, with a focus on infrastructure development. The transformation of the Laredo port into a green hydrogen hub in the Magallanes region exemplifies Chile's commitment to establishing itself as a key player in the green hydrogen market. This initiative, developed in collaboration with various organizations, signifies a positive step towards sustainable energy practices and economic growth for Chile.