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

OAS Countries Seek October Meeting to Consider Measures Against Nicaragua

A group of five countries in the Organization of American States (OAS) is proposing that the region’s foreign ministers meet on October 2 to...

Costa Rica Pilot Faces Discipline After Aviation Safety Criticism

Costa Rican police pilot David Damazzio Fernández faces possible suspension or dismissal over media comments about aviation safety oversight and criticism posted on social media.

Building in Costa Rica? Understanding Your Construction Contract Options

The final word in legal matters is in the hands of the Supreme Court. In Costa Rica the Supreme Court is composed of four...

Costa Rica Population Could Begin Shrinking Earlier Than Expected

Costa Rica's population could begin shrinking earlier than previously expected as the number of children being born continues to fall faster than population experts...

Costa Rica Reaffirms Cuba Split After Havana Denies Being Notified

Costa Rica's foreign minister spent the weekend defending a diplomatic split with Cuba that Havana says it was never formally told about, and by...

Costa Rica’s Two-Century Fight to Keep Its Orchids

For nearly two centuries, Costa Rica's forests have drawn collectors chasing the same prize. It has one of the richest orchid floras on the...

US Diesel Export Ban Talk Puts Costa Rica Fuel Prices on Edge

Trump backs a ban on US diesel exports as Costa Rica, which buys much of its diesel from the United States, faces a proposed increase of up to 100 colones per liter in October.

Scientists Name First New Wild Cat Species in Over 100 Years

A small spotted wild cat from the cloud forests of Bolivia has been formally described as a new species. Scientists say it is the...

Costa Rica Proposes 15% Tax on Certain Foreign Income

Costa Rica has proposed a 15% tax on certain passive income earned abroad, including interest, dividends, rents and capital gains. The measure is not yet law
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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