The German development bank KfW will provide a US$103 million loan as part of a US$1.03 billion financing platform to support green hydrogen projects in Chile. This agreement, made with the Republic of Chile and the economic development agency CORFO, is part of the European Global Gateway Renewable Hydrogen Funding platform, which also includes contributions from the European Investment Bank, the EU, the World Bank, the Inter-American Development Bank, and CORFO.