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

Costa Rica’s Rincón de la Vieja Volcano Remains Active

Rincón de la Vieja volcano continued producing small eruptions and releases of gas today, a day after a moderate eruption sent a plume as...

Bryan Ruiz Debuts as Costa Rica Coach With Nations League Survival at Stake

Bryan Ruiz coaches Costa Rica for the first time tonight against Nicaragua, with Keylor Navas back and Nations League relegation at stake.

Costa Rica Extradites Alleged Meth Ringleader to Florida

Costa Rican authorities moved Farid Alberto Morales Araya, known as “Beto,” from La Reforma prison to Juan Santamaría International Airport early today as they...

Costa Rica Foreign Investment Jumps 23% as Tourism Investment Falls 27%

Free zones drove a 23.4% rise in Costa Rica's foreign direct investment in the first half of 2026, while tourism investment fell 27%.

Costa Rica Flooding Hits More Than 400 Homes After Tropical Wave

More than 400 homes were flooded across Costa Rica over the weekend as Tropical Wave 47 brought heavy rain to several parts of the...

Argentina’s Nadia Podoroska’s Comeback Gains Momentum in São Paulo

Nadia Podoroska’s return to professional tennis has moved well beyond simply testing whether her body could handle competition again. Six months after returning from...

Costa Rica Opens Modern Pier at Historic San Lucas Island

Visitors to San Lucas Island National Park now have an easier way to get ashore after Costa Rica opened a new tourist pier at...

Panama Rescues Three Costa Rican Fishermen After Six Days Adrift in the Caribbean

Three Limón fishermen missing since Sept. 21 were found alive off Panama's Caribbean coast after their boat's engine failed and a cellphone call to 911 led rescuers to them.

Remote Osa Eco-Lodge Playa Cativo Joins Small Luxury Hotels of the World

Playa Cativo Lodge, a secluded beachfront retreat on the Golfo Dulce in Costa Rica's Southern Zone, has been admitted into Small Luxury Hotels of...
Loading…

Latest News from Costa Rica

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