According to OECD estimates, Chile’s concessional finance for development reached USD 42 million in 2012 (OECD estimate). Chile’s contributions through multilateral organisations that would qualify as Official Development Assistance (ODA) amounted to USD 31 million, or 74%.
In October 2013, Chile drafted its first “Policy on International Co-operation”, which describes Chile’s goals, mission, values and approach, based on the South-South co-operation model. The Chilean International Co‑operation Agency (AGCI) is the main entity responsible for managing Chile’s international development co‑operation.
Chile’s priority partner countries are primarily in Latin America and the Caribbean. Its co-operation programme is spread across a wide range of sectors, including governance and institutional strengthening; poverty reduction and social development; and support to industry, innovation and competitiveness. Chile’s bilateral co-operation is mostly provided in the form of technical assistance and scholarships.
Chile is also engaged in triangular co-operation, partnering with several international organisations (e.g. the Inter-American Development Bank and the World Food Programme) and Development Assistance Committee (DAC) members (e.g. Australia, Canada, France, Germany, Korea, Japan, New Zealand, Spain, Switzerland and the United States) to support development in other developing countries (e.g. Bolivia, Colombia, the Dominican Republic, Ecuador, El Salvador, Guatemala and Paraguay).
Chile’s development co-operation through multilateral organisations was primarily channelled through the World Bank (37%) and the Inter-American Development Bank (32%) in 2012.
Chile has been a member of the OECD since 2010 and is an observer to the DAC. In 2013, the DAC Chair visited Chile and the OECD organised a seminar there on statistics. Chile also requested a special review of its development co‑operation policies and programme. Chile participated in the DAC Senior-Level Meeting in 2013. Chile also contributed to the DAC’s work on triangular co‑operation and aid for trade.