Data and Insights: Chile

VCS Quarterly Update

ISSUE #6 - Q4/2021
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Main Takeaways

Record annual VCU issuances

In 2021, more than 1 million VCUs were issued to VCS projects in Chile, more than in any previous year.

AFOLU projects issue 100% of VCUs in Q4

In Q4/2021, AFOLU projects issued all VCUs in Q4/2021 (314,527 VCUs), an increase of 45% from Q3.

Retirements increase sharply

In Q4/2021, 314,527 VCUs were retired – more than in the previous three quarters combined.

VCS Data and Insights: Chile - Q4/2021
PROJECTS
This chart includes cumulative data about VCS projects in Chile.
Project Total
Registration Requested 0
Rejected by Adminstrator 1
Registered 23
Project Types
Agriculture Forestry and Other Land Use
Energy
Waste
Project Total
Agriculture Forestry and Other Land Use 3
Energy 21
Waste 2
*Agriculture, Forestry, and Land Use
5,670,252 Expected Annual Reductions from All Projects in Chile
Summary Totals to Date
VCU Issuances* (Total to Date)

*One VCU represents one tonne of carbon dioxide equivalent that was removed from the atmosphere or not emitted.

Greenhouse gas equivalencies for emission reductions and removals were calculated using the EPA Greenhouse Gas Equivalencies Calculator

846,740,444
VCUs Globally (& Equivalent)
184,149,038
cars taken off the road
for a year
2,554,539 VCUs from Projects in Chile
VCU Issuances by Year
*The Chilean carbon tax was implemented in 2017
VCU Issuances by Project Type
AFOLU*
Energy
Waste
Project Type VCUs
AFOLU* 1,134,913
Energy 1,390,710
Waste 28,916
*Agriculture, Forestry, and Land Use
Retirements
VCUs that have been purchased and taken off the market forever; a retired VCU represents a carbon offset.
1,291,959 VCUs
280,975
cars taken off the road
for a year
Issuances for Q3 of 2021
604,026
VCUs
Issuances for Q4 of 2021**
314,527
VCUs
Retirements for Q3 2021
205,000
VCUs
Retirements for Q4 2021**
314,527
VCUs
** As of 31 December 2021
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