ARTICLE
TITLE

Public investment in research and development towards COP-25: Free to choose between native forests and exotic plantations?

SUMMARY

Within the context of the Conference of the Parties on Climate Change (COP25), the Chilean government is considering the forestry sector as one of the major carbon sinks, which would allow a reduction of the carbon intensity of the economy. The policy proposal currently includes subsidies for both native forests and for exotic plantations. Given this policy proposal, I examine how much public investment has been devoted to research and development of the native species and the forestry plantations. The hypothesis is that public investment has been greater in exotic species than in native species. I constructed and analyzed a database of 1,139 projects financed totally or partially by the State between 1981 and 2018. I compared the totals amounts allocated for each sector, as well as temporal and spatial dynamics. Overall, research and development in exotic species received 1.5 times more funds than research and development in native species. On average, a project dedicated to exotic species was 1.6 more expensive than a project on native species. Since 2010, there has been an upward trend in public investment on research and development on native species. However, the trend based solely on the Native Forest Research Fund (Law 20.283). Finally, I discuss the implications of these knowledge and development inequalities. I conclude that differences in investment and development in the forestry sector have helped to build a sector based on very profitable forest plantations, at the expense of the development of native forests and their territor

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