BRIEFING: Chile’s low CO2 tax rate excluding REDD+ credits, unlikely to rise

Published 12:12 on July 8, 2026 / Last updated at 12:12 on July 8, 2026 / / Americas (Compliance Markets & Taxes, LATAM & Caribbean), Insights (Briefings), International (Paris Article 6/PACM), Nature-based Carbon (Forestry), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments, VCM Governance)

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Chile’s Ministry of Environment (MMA) is actively courting REDD+ projects to diversify the portfolio of carbon credits used to offset its CO2 tax – but the low $5 per tonne tax rate can make it economically inviable to integrate them.
Chile’s Ministry of Environment (MMA) is actively courting REDD+ projects to diversify the portfolio of carbon credits used to offset its CO2 tax – but the low $5 per tonne tax rate can make it economically inviable to integrate them.


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