Recognising Chile’s REDD+ results for the years 2014, 2015 and 2016.

During these years, Chile has reduced a total volume of 18.4 million tonnes of carbon dioxide equivalent (MtCO₂eq) in emissions from reducing deforestation, forest degradation, enhancement of forest stocks and conservation (REDD+) of which 14.53 MtCO₂eq were offered to GCF for results-based payments. The United Nations Framework Convention on Climate Change (UNFCCC) has assessed these results as being fully compliant with its REDD+ stipulations. The payment will be reinvested to deepen the implementation of the country’s National Strategy on Climate Change and Vegetation Resources.