HomeArchiveClimate change causes $1.1 billion in losses in Costa Rica, study finds

Climate change causes $1.1 billion in losses in Costa Rica, study finds

A recent study released by Costa Rican officials shows that the country has accumulated approximately $1.13 billion in losses due to climate change from 2005 to 2011, primarily along coastal areas.

The investigation was based on a report by climate change expert Roberto Flores about how to adapt to climate change. The study was released Sunday in the weekly business newspaper El Financiero.

Rural areas were hit the hardest, and 50 percent of damages affected highway infrastructure. The other damages were distributed between agriculture (16.7 percent), flood control and similar construction projects (13 percent) and homes (12.2 percent).

Puntarenas, on Costa Rica’s central Pacific, is the province most affected by climate change, with damages in the six-year period reaching $164.5 million.

Flores, the head of climate change at the Agriculture and Livestock Ministry’s Planning Department, said that the study used data primarily from the National Emergency Commission.

William Alpízar, director of climate change at the Environment Ministry, told the weekly newspaper that the phenomenon’s primary effects are increased precipitation, more sickness and higher ocean levels.

These effects are reflected in the nearly $710 million lost due to hydrometeorological changes. For Walter Vergara, an expert in the field at the Inter-American Development Bank (IDP), Costa Rica needs to prioritize prevention, as estimates show that by the middle of the century damages from temperature increases in Latin America could increase to $100 million annually.

The IDP suggests that one out of every $4 of financing should be spent on prevention and adaptation.

On Sept. 19-20, Costa Rica will host an important Climate Vulnerability Forum with the environment ministers of 20 countries, who will gather at the Tropical Agricultural Research and Higher Education Center in the Caribbean slope city of Turrialba.

Trending Now

Bukele and Colombia’s President Expected at Costa Rica Prison Opening

Salvadoran President Nayib Bukele and Colombian President Abelardo de la Espriella are expected to attend the Oct. 14 inauguration of Costa Rica's new maximum-security...

Costa Rica Raids 80 Locations in Major Fuel Theft and Organized Crime Investigation

Costa Rica's OIJ carried out 80 raids Friday against an alleged network accused of stealing 654,000 liters of fuel and $1.5 million in cargo, with 22 detained.

Costa Rica’s Grecia to Get New Wyndham Hotel

Wyndham Hotels & Resorts has announced plans to open a 168-room hotel in Grecia, by 2028, bringing another international hotel brand to an area...

Tropical Wave 50 Reaches Costa Rica Saturday Night With More Heavy Rain

Tropical Wave 50 reaches Costa Rica late Saturday. Expect the heaviest rain in the Northern Zone and Caribbean.

Costa Rica’s First Artificial Beach Runs on Well Water as Guanacaste Dries Out

Costa Rica's first artificial beach draws on well water as Guanacaste heads into an El Niño dry season with forecasts of 80% less rain.

Liberation Party Will Vote Against Costa Rica Joining Trans-Pacific Trade Pact

The PLN’s 17 votes could decide whether Costa Rica joins the CPTPP if the accord needs a two-thirds majority, as President Laura Fernández weighs whether to sign.

Costa Rica’s OIJ Warns of Motorcycle Groups Blocking Roads and Attacking Drivers

Packs of motorcyclists performing stunts, blocking traffic and in some cases assaulting drivers who confront them have become a serious problem, an OIJ traffic crimes chief warned.

New Details Reveal Political Contacts of Producers in Costa Rica Money-Laundering Probe

New details emerging from Costa Rica’s investigation into alleged drug-money laundering through concerts show that two prominent event producers detained this week had recent...

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel