Chile

Chile recognizes that Article 6 of the Paris Agreement is a mechanism for countries to implement mitigation actions in a cost-effective manner and to advance in the implementation of new technologies in collaboration with other Parties, through Internationally Transferred Mitigation Outcomes (ITMOs), for ex - ample. It is also the only article that facilitates and/or promotes private sector participation, which is key to increase ambition. Therefore, at the national level, in 2020 we will establish a public-private dialogue roundtable to define specific policy for the use of markets, taking into account clear guidelines that preserve environmental integrity, avoid double-counting and promote sus - tainable development.