Chile

PMI Program Objectives

• Support the roll-out of the domestic offsetting mechanism by advising on detailed regulation, methodology development, infrastructure architecture and capacity building.
• Improvement of the carbon pricing instrument mix in the country by providing analytics on the interaction of the carbon tax and potential cap and trade mechanisms established by the Framework Law for Climate Change.
• Support development of a cap-and-trade pilot in the energy sector.
• Development of a country strategy and governance for Art.6.
• Explore international cooperation and linked carbon markets, especially in the Latin American region.