No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsEnvironment and WildlifeCosta Rica's Green Hydrogen Initiative to Boost Decarbonization

Costa Rica’s Green Hydrogen Initiative to Boost Decarbonization

The approval of an ambitious €25 million project will allow Costa Rica to invest significantly in the development of green hydrogen as a complementary strategy to decarbonize its economy.

The “Green Hydrogen for a Decarbonized Economy” project is designed to harness this clean energy as a viable alternative for sectors that are challenging to electrify, such as the cement industry and heavy-duty transportation.

The project comprises two primary components: financial assistance and technical assistance. Financial assistance will support the initial investments in green hydrogen projects through concessional loans and subsidies, addressing the high upfront costs associated with this emerging sector. Technical assistance will focus on developing human and institutional capacities, revising the legal and regulatory framework as needed, and creating strategies to generate positive social impacts, including job creation.

“We aim to support the Costa Rican government in implementing the National Green Hydrogen Strategy,” said Claus Kruse, interim project manager for the German Cooperation GIZ.

In the medium term, hydrogen hubs could be established across the country, consolidating not only green hydrogen production but also its application in transportation, industrial projects, and related areas such as technical and professional training, certification, research, and more.

“This is a unique model that offers significant support to Costa Rica. It provides an opportunity to build the capacity of both the private and public sectors, alongside the State’s guidance, to explore a new energy domain. The goal is to equip new generations with the knowledge and tools to combat climate change,” said Costa Rica’s Vice Minister of Energy, Ronny Rodríguez.

In May 2021, the German Development Cooperation GIZ submitted a proposal on behalf of the Costa Rican government to the MAF (formerly NAMA) to compete for funds to develop a green hydrogen project in the country.

In October of the same year, during the United Nations Climate Change Conference in Glasgow (COP26), it was announced that Costa Rica’s proposal had been selected, making it the only one chosen from Latin America and the first of its kind in history. The project officially started on September 1, with the German Development Cooperation GIZ spearheading its implementation.

Trending Now

2025 Gold Cup: Honduras Advances After Dramatic Shootout, Mexico Ends Goal Drought

Honduras, with a surprising and dramatic penalty shootout victory over Panama, and Mexico, with a lackluster win against Saudi Arabia, advanced Saturday to the...

A Costa Rica Love Story: From Rustic Cabina to Separate Dreams

My Tica wife and I have been together for over a quarter century. When we met, I was living a simple life here. Three...

Costa Rica’s Cutris Mining Bill Threatens Massive Environmental Damage

Costa Rica’s government is pushing a controversial bill that could open the entire Cutris district in San Carlos—848 square kilometers—to open-pit gold mining. The...

Celso Gamboa Allegedly Ran Drug Ring with Costa Rican Government Ties

Celso Gamboa, once Costa Rica’s Security Minister and a Supreme Court judge, now faces extradition to the U.S. for leading a major cocaine trafficking...

Costa Rica Pushes USA to the Brink but Falls in Penalty Heartbreak

If you just caught the end of the USA vs. Costa Rica Gold Cup quarterfinal, you probably feel like you need another cup of...

El Salvador Slams Paris Fashion Show Inspired by Cecot Mega-Prison Inmates

The president of El Salvador, Nayib Bukele, joked on Saturday that he could send inmates from his mega-prison to France, after they were represented...
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica