GGGI’s objective in Costa Rica is to achieve Costa Rica’s national commitment to Carbon Neutrality by 2021 with total net emissions comparable to 2005.
Strategic Outcome Targets
|GHG Reductions||Target Setting in Progress|
|Green Jobs||Target Setting in Progress|
|Sustainable Services||Target Setting in Progress|
|Air Quality||Target Setting in Progress|
|Ecosystem Services||Target Setting in Progress|
|Enhanced Adaptation to Climate Change||Target Setting in Progress|
GGGI Core Funding
Environmental Bank Foundation (FUNBAM)
Ministry of Foreign Affairs and Worship
Costa Rican Embassy to Republic of Korea
Ministry of Environment and Energy (MINAE)
National Forestry Financing Fund (FONAFIFO)
Fundacion Para El Desarrollo De La Cordillera Volcanica Central (FUNDECOR)
The Paris Agreement sent a strong and unprecedented message that valuing and investing in forests and ecosystems services is critically important for the new global climate regime. Costa Rica’s Payment for Ecosystem Services program has been globally recognized as an innovative blend of economic and regulatory instruments that can serve as a model for the international community to learn from. One of the many successes from Costa Rica’s experience is demonstrated by a significant increase in forest cover from less than 30% in the 1980s to 54% of its territory today.
Starting with a strong rationale for why valuing ecosystem services has significant implication in the economic, environmental, and social context, this analysis unpacks the lessons learned from the Costa Rican PES experience. By analyzing what has worked and what hasn’t, the report provides insights and practical guidelines to readers in developing countries. Also, the valuable insight from this report will contribute to GGGI’s continued work in the Sustainable Landscape sector in Costa Rica and in other member countries, as well.
News • October 8, 2018
GGGI is pleased to join Costa Rica’s new and bold journey toward decarbonization – with its new national policy on decarbonization, which will be introduced in December 2018. As mentioned in the GGGI Director-General’s Progress Report, Costa Rica – a green growth champion – has generated 99 percent of its electricity from renewable sources since 2014, […]
News • June 8, 2017
By Juhern Kim, GGGI Senior Land-Use Specialist It was probably in August 2015, and my first time crossing a hanging bridge in the heart of a forest, except when I served in the military training in remote mountains. The very last day when I was discharged from the military service, I swore not to ever […]