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This paper examines how Southern Andean Patagonia has been increasingly incorporated within networks of global capital since the 1990s. Once defined by military violence against indigenous societies, white settler colonialism, and livestock farming, this remote region has become an iconic center for green development in Latin America. This article develops the argument that a regional territorial imaginary--grounded in a history of borderland geopolitics--has facilitated this recent shift towards green development across the resource domains of land conservation, hydropower, and forestry. The discussion addresses the different ways in which forests, waterways, and protected areas (public and private) have been integrated into a hegemonic vision promoting eco-regionalism among state, corporate, and civil society actors. This analysis thus contributes to scholarship on global capitalism, natural resource governance, and green development in Latin America by developing the concept of the regional territorial imaginary to describe these dynamics. This analytic highlights how processes of capitalist specialization and regionalization occur through the open-ended consolidation of master images that build upon spatial histories, transnational regimes of representational value, and political struggles among diverse actors. [ABSTRACT FROM AUTHOR]