FP120

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

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

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

During these years, Chile has reduced a total volume of 14.53 tonnes of carbon dioxide equivalent (tCO2eq) in emissions from reducing deforestation, forest degradation, enhancement of forest stocks and conservation (REDD+).  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

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

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

Approved

14 Nov 2019 - 99 days so far

Approved by GCF Board

14 Nov 2019

FAA executed

14 Nov 2019

Under implementation

Completed

One region

  • Latin America and the Caribbean

One country

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

GCF financing

InstrumentAmount
Results-Based PaymentUSD 63,607,552

GCF Project Team

General media inquiries

GCF Communications
Phone +82 32 458 7751
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Request for information

GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
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Accredited Entity

Food and Agriculture Organization of the United Nations

Roberto Ridolfi
Assistant Director-General, Programme Support and Technical Cooperation Department
Phone +39 0657 0501 46
TC-ADG@fao.org
Alexander Jones
Director, Climate and Environment Division
Phone +39 0657 0523 31
CBC-Director@fao.org

National Designated Authority

Chile

Ministry of Finance

Francisco Moreno Guzmán
Undersecretary
Teatinos 120, Santiago, Chile
Phone +56 2 2828 2007
Phone +56 2 2828 2017
fmoreno@hacienda.gov.cl
Trinidad Lecaros Cox
Macroeconomic Analyst, Sustainable Development and Natural Resources Area
Teatinos 120, Santiago, Chile
Phone +56 2 2828 2232
Phone +56 2 2828 2050
tlecaros@hacienda.gov.cl