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How the program that accelerates green technology patents Works

Apr 30, 2024

Since March 2023, a pilot has been operating in Inapi that allows promoting the obtaining of ‘green patents’, related to alternative energies, circular economy and ecological technologies, these are key issues to face the environmental challenges that Chile has.

A little over a year ago, the Pilot Program for the Accelerated Procedure for Green Patents in Chile (PAPV) began operating, promoted by the National Institute of Industrial Property (Inapi), which for a period of two years will seek to promote an accelerated process in the examination of patent applications related to green technologies that are linked to alternative energy production, transportation, energy conservation, waste management, agriculture/forestry, regulatory administrative aspects or nuclear energy design and generation, as detailed in the guide of the program published by Inapi.

According to the institution’s 2024 public account, five requests for access to this system have been received, this would allow the holders of the applications to aspire to obtain the protection of their developments in a much more expeditious manner, which is expressed in “the ability to make a significant difference by obtaining investments more quickly and negotiating licensing agreements with greater agility or, having greater certainty to launch the products covered by said patents on the market in a considerably shorter time than usual,” explains Eugenio Gormáz, leading partner of the IP, Tech and Data Group of Albagli Zaliasnik.

One of the key advantages of the program is its focus on technologies that could help better respond to the environmental challenges of the future. If this is successful, “it could favor the patenting of up to a minimum of 40 green inventions per year, and if a percentage, even a small one, of these inventions reaches industrial traction, this should favor our environmental ecosystem,” says Juan Pablo. Egaña, partner at Sargent & Krahn.

Review the full note here.

Source: Diario Financiero, April 26, 2024.

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