Chile REDD-plus results-based payments for results period 2014-2016

Chile REDD-plus results-based payments for results period 2014-2016

  • Status Under implementation
  • Date approved 14 Nov 2019 at B.24
  • Est. completion 07 Aug 2026
  • ESS Category Category B

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.

Total project value


Tonnes of emissions avoided




Result areas

Project timeline


16 Mar 2019 - 244 days

Concept note received

16 Mar 2019

Funding proposal received

10 Jun 2019

Cleared by GCF Secretariat

08 Aug 2019

Legal opinion on AE's Internal Approval

10 Oct 2019

Cleared by iTAP

22 Oct 2019


14 Nov 2019 - 268 days

Approved by GCF Board

14 Nov 2019

FAA executed

14 Nov 2019

Under implementation

07 Aug 2020 - 1,357 days so far

FAA effective

07 Aug 2020

Disbursement - USD 63,607,552

21 Sep 2020

To be completed

07 Aug 2026 - 835 days to go

One region

  • Latin America and the Caribbean

One country

  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing100% disbursed

Results-Based PaymentUSD 63,607,552
Total GCF Financing
USD 63,607,552

GCF Contacts

General media inquiries

GCF Communications
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GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
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Accredited Entity

Food and Agriculture Organization of the United Nations
Ms. Elizabeth A. Bechdol

Deputy Director-General
Phone +39 06 57051800
Ms. Maria Helena Semedo

Deputy Director-General
More contacts

National Designated Authority

Ministry of Finance
Ms. Heidi Berner Primary
Undersecretary of Finance
Teatinos 120, Santiago, Chile
Phone +56 28282007
Mr. Jaime Tramon Secondary
Senior Advisor, Financial and International Affairs
Teatinos 120, Santiago, Chile
Phone +56 2 28282216