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

Rare Sighting of Tapir Family in Costa Rica Highlights Importance of Forest Conservation

A rare wildlife encounter in northern Costa Rica has captured the attention of conservationists after a family of three endangered tapirs was filmed walking...

Alcaraz Wins First Paris Masters Title Ahead of ATP Finals

Carlos Alcaraz won his first Paris Masters title Sunday, beating American Ben Shelton 7-6 (5), 7-5 to claim his fifth trophy of the season...

Costa Rica’s Marchamo Amnesty Is Off for 2027, So Pay by Dec. 31

The 2027 marchamo amnesty failed, so older unpaid years still carry interest and fines. A new bill targets 2028. Here is what to pay now.

El Niño Is Already Cutting Costa Rica’s Coffee Harvest by Up to 15%

Costa Rica's coffee growers now expect a harvest 10% to 15% smaller than first estimated as El Niño's irregular rains and rising heat reach...

Call Center Cuts Costa Rica Job Pledge Over Asian Competition

A Costa Rica call center cut its free zone hiring pledge from 111 to 45 jobs, blaming cheaper rivals in Asia.

Costa Rica Paid $701 Million More for Fuel This Year as Diesel Soared

Costa Rica's fuel imports cost $2,267 million through September, up 44.77%, as the average barrel rose 37% and diesel led the increase.

Pacific Low Has a 60% Chance of Turning Tropical as Costa Rica Braces for Rain

A low off Central America's Pacific coast now has a 60% chance of becoming a tropical depression, and heavy rain could reach parts of the region through the weekend. With soils already up to 90% saturated, here is what to expect and how to plan.

Costa Rica Prosecutors Investigate Pico Blanco Plane Crash That Killed Five

Prosecutors in Costa Rica have opened a negligent homicide investigation into the November 2024 crash of a commercial passenger plane on Cerro Pico Blanco,...

What JetBlue’s Multi-Billion Dollar Debt Means for Costa Rica Flights

JetBlue creditors have hired restructuring advisers as the airline's bonds slid to 42 cents on the dollar, raising questions about its Costa Rica routes.
Loading…

Latest News from Costa Rica

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