Project Development Objective(s)
The proposed PDO is to provide technical assistance to the Government of Chile for the design and implementation of domestic carbon pricing instruments and support the development of policy frameworks and infrastructure systems to enable and foster the country’s p articipation in international carbon markets.
1. Support the implementation and sophistication of the mix of carbon price instruments (CPIs) proposed by the government, carbon tax, GHG emission standards and a ETS pilot in the Energy Sector. 2. Strengthening of the national knowledge base and the capacity of decision makers for integrating the different CPIs in line with national climate and development priorities. 3. Establishing of the institutional governance, as well as the legal and technical foundations for the definition and operationalization of National Article 6 policies. 4. Support the definition of Just Transition strategies in the context of the design and implementation of CPIs.
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