Data and Insights: Chile

VCS Quarterly Update

ISSUE #5 - Q3/2021
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Main Takeaways

VCU issuances rise exponentially

In Q3/2021, VCS projects in Chile issued 604,026 VCUs — over 10 times more than in Q2 when projects issued 53,514 VCUs.

VCU issuances from AFOLU increased

VCU issuances from AFOLU projects increased from 53,514 in Q2/2021 to 217,250 in Q3/2021.

VCU retirements increase strongly

VCU retirements increased more than fivefold from 35,200 in Q2/2021 to 205,000 in Q3/2021.

VCS Data and Insights: Chile - Q3/2021
This chart includes cumulative data about VCS projects in Chile.
Project Total
Registration Requested 0
Rejected by Adminstrator 1
Registered 24
Project Types
Agriculture Forestry and Other Land Use
Project Total
Agriculture Forestry and Other Land Use 3
Energy 20
Waste 2
*Agriculture, Forestry, and Land Use
5,311,662 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

VCUs Globally (& Equivalent)
cars taken off the road
for a year
2,240,012 VCUs from Projects in Chile
VCU Issuances by Year
*The Chilean carbon tax was implemented in 2017
**as of 30 September 2021
VCU Issuances by Project Type
Project Type VCUs
AFOLU* 820,386
Energy 1,390,710
Waste 28,916
*Agriculture, Forestry, and Land Use
VCUs that have been purchased and taken off the market forever; a retired VCU represents a carbon offset.
1,226,295 VCUs
cars taken off the road
for a year