Chile has an extensive and complex native forest resource that covers 14 million hectares or 23% of the country’s surface area. Direct drivers of deforestation and forest degradation in Chile include fuelwood production, the expansion of livestock and agricultural activities, urban expansion, and forest fires.

Chile's FCPF Carbon Fund Program
Program name: Chile’s Emission Reductions Program
Program location:

6 of the 16 administrative regions in the country 

Program area: 15.3 million ha
ERPA terms: Up to $26 million for reductions of 5.2 MtCO2e

The ER program in Chile supports the implementation of the country’s National Strategy for Climate Change and Vegetation Resources (ENCCRV), which aims to decrease the forest-related social, environmental, and economic vulnerability generated by climate change, desertification, land degradation, and loss of vegetation resources. The program focuses on helping Chile address its main drivers of deforestation through strategic activities such as preventive forest fire management and postfire restoration, sustainable forest management, forest and livestock management models, and sustainable use of vegetation resources, complemented with reforestation of priority areas with native species.


FCPF 2023 Annual Report

The 2023 Annual Report spotlights the groundbreaking emission reductions payments made over the past year to Costa Rica, Côte d’Ivoire, Ghana, Indonesia, and the Lao PDR. Combined with Mozambique’s emission reductions payments to date, Carbon Fund results-based payments now total $53.2 million, with that number expected to increase to at least $300 million in the coming year.

Land Area
$ billions
Forest Area
% land area
avg. annual %
Terrestrial protected areas
% of total land area

ER Program Details

Program Documents

This website provides all required Trust Fund documentation relating to FCFP projects and activities. World Bank project cycle documents Readiness Fund: P124908 and Carbon Fund: P160277

Country Focal Points

Gabriela Encalada Romero (World Bank)