Resolution 8102, approving the Roadmap for Carbon Pricing Instruments and Carbon Markets 2025

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Laws and Policies

CCLW

CCLW national policies

Roadmap for Carbon Pricing Instruments and Carbon Markets 2025

Roadmap approved

<p>This roadmap sets out a comprehensive framework for the implementation of carbon pricing instruments and carbon markets in Chile, with the primary aim of contributing to long-term national climate mitigation goals. It follows from provisions in Chile's 2022 framework law on climate change, as well as the Paris Agreement of 2015. It promotes both green taxes and carbon trading, and gives aims and criteria for assessment and spending for the money raised across sectors, applying to industrial, transport, land-use, energy storage and waste-related activities. Projects generating carbon certifications are only considered if they have received regulatory approval and apply to national territory only.</p>

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

The release of heat-trapping gases, primarily from human activities such as burning fossil fuels, agriculture and industry.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

The activities of industries that transforms raw materials into finished goods through industrial processes.

Resolution 8102, approving the Roadmap for Carbon Pricing Instruments and Carbon Markets 2025

Policy instrument

Greenhouse gas

Economic sector

Adaptation/resilience

Finance