Chile launches a public consultation for the taxonomy of environmentally sustainable economic activities (T-MAS).
Initiative led by the Ministry of Finance aimed at establishing a classification system to identify and standardize economic activities considered environmentally sustainable in the country. This initiative, aligned with international best practices, seeks to promote responsible and sustainable investments.
Citizen Participation
The draft of the T-MAS is currently under public consultation, open from December 31 to January 31, 2025. During this period, participants are invited to submit comments and suggestions to help enhance the final document.
Importance
This tool aims to prevent "greenwashing," facilitate decision-making in financial markets, and guide companies and investors toward responsible practices. Additionally, the T-MAS is designed as a dynamic system, subject to updates to address future environmental changes and challenges.
