Hunger levels are soaring across much of Central America as countries battle economic crises sparked by the Covid-19 pandemic and extreme climate events
The World Bank and Costa Rica signed an agreement for $60 million to reward local communities that reduce carbon emissions caused by deforestation, the two parties reported on Friday.
The Costa Rican economy will contract between 4.1% and 4.9% this year compared to 2019, depending on the severity of the health crisis, according to the OECD.
Costa Rica intends to grow industrial hemp, attract wealthy retirees, and encourage the science and health technology sectors as avenues for economic recovery.Â
