The Chilean Forest NAMA proposal offers an opportunity to develop one of the first Forest NAMA in the world. It serves as a valuable learning experience and model for other Andean countries with a view to develop effective policy instruments to address climate change and build capacities. The development and successful implementation of this proposal is regarded as an important contribution to building new and more effective global climate change finance architecture.

Development and implementation of the Nationally appropriated forest adaptation and mitigation action plan as an effective instrument to mitigate climate change.

1. Setting up of a national platform for the generation and marketing of forest carbon credits, as an effective legal and technical instrument that complies with international standards. The platform incorporates specific guidelines for project development and a system of monitoring, reporting and verification.
2. Creation of an instrument that complies with international standards, links forest landowners with national and international markets for forest carbon credits, and efficiently distributes the economic benefits thereby derived.

Risultati fasi precedenti:  

1. National legislative framework for NAMA developed under consideration of international standards
2. Forest pilots established in the various hot-spot areas in the country, including afforestation on marginal sites and restoration of degraded forests, considering leakage and additionality factors
3. National and international demands for forest carbon credits analyzed and Verified Carbon Standards projects under implementation
4. A monitoring, reporting and verification system is designed at national level and ready for initial testing
5. Exchanges between the Chilean partners and partners of the SDC regional project on forests in Andean countries (ANFOR) have brought knowledge and approaches to Andean partner countries.

Fase 1 01.02.2013 - 30.06.2017   (Completed)