The Patagonia Sur Foundation, a United States-based 501(c)(3) nonprofit organization established in 2007, aims to promote conservation and sustainable social and economic development in Chile’s Patagonia region. The Foundation works closely with its Chilean counterpart, Fundacio n SNP Patagonia Sur. The Foundation is also closely affiliated with Patagonia Sur, LLC, a for-profit venture that invests in and protects properties in Patagonia. Patagonia Sur LLC’s business model seeks to find a financially beneficial way to conserve land. Sources of revenue including limited development, a membership-based eco-tourism club, eco-brokerage services, and carbon offset sales. Patagonia Sur, LLC, owns land in Chile’s Los Lagos and Aysen (X and XI) regions where REDD would potentially be instituted. Currently, Patagonia Sur LLC operates carbon-offset projects as part of an overall strategy to engage in climate change mitigation, land conservation and sustainable development (Fundacion Patagonia Sur).