Costa Rica Coffee Guide

World Bank grants $3 million to reduce carbon emisions in Costa Rica

March 14, 2013

Costa Rica will receive $3 million to develop local projects to reduce carbon emissions through the Partnership for Market Readiness (PMR), a global alliance created by the World Bank to provide funding for projects to reduce greenhouse gas emissions.

The announcement was made during the celebration of the Fifth PMR Assembly, held in Washington, D.C., March 11-13. Representatives from 28 countries attended.

Environment Minister René Castro said the [World Bank] contribution is a tool to stimulate local actions to achieve carbon neutrality, but it is also strategic for the country’s economic competitiveness.

Costa Rica’s government established the Carbon Neutral Country Program to support processes related to the reporting of greenhouse gas inventories and the implementation of the National Policy for Declaration of C-Neutrality.

Under this program, companies receiving a C-neutral declaration can compensate for emissions through the purchase of carbon credits, which provide funds for reforestation, forest protection and energy efficiency.

You may be interested

Costa Rica immigration offices to remain closed until October
Costa Rica
5551 views
Costa Rica
5551 views

Costa Rica immigration offices to remain closed until October

Alejandro Zúñiga - September 19, 2020

The Immigration Administration on Friday said its main and regional offices will remain closed until October due to the coronavirus…

Pic of the Day: Hopping into the weekend
Pic of the Day
778 views
Pic of the Day
778 views

Pic of the Day: Hopping into the weekend

Alejandro Zúñiga - September 19, 2020

Happy weekend from all of us at The Tico Times! [caption id="attachment_62085" align="aligncenter" width="740"] (Courtesy of Brian Kubicki)[/caption] [caption id="attachment_111342"…

Top dental clinics in Costa Rica meet patient needs in the age of COVID
Dental Tourism
2504 views
Dental Tourism
2504 views

Top dental clinics in Costa Rica meet patient needs in the age of COVID

Vayolla Quiros / Goodness Dental - September 18, 2020

The Centers for Disease Control and Prevention (CDC) released its guidelines for dental settings in response to the COVID-19 pandemic.…