Costa Rica is pioneering a project to pay people to restore natural ecosystems.
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.
Costa Rica on Wednesday launched a fundraising campaign titled Huella del Futuro with the goal of planing 200,000 trees in nine northern cantons by September 2021.
The future of restoring tropical forests should not be exclusively in the hands of governments, argues Rebecca Cole, director of three biological stations in Costa Rica run by the Organization for Tropical Studies (OTS). The ecologist believes private institutions and landowners could also have a stake in those efforts.
New natural capital accounting techniques reveal the true economic value of Costa Rica's forests.
Founded in 2010, Community Carbon Trees, headquartered in the Southern Zone town of Platanillo, owns twelve different farms managed by trained crew members and experienced locals. Carbon Trees plants all of its trees exclusively on degraded farmland owned by local families.
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A reforestation campaign called "Environmental Heroes" this month is asking people to donate funds for the planting, maintenance and monitoring of trees on Costa Rican farms.
The UCS report highlighted successes in reducing tropical deforestation in 17 countries in Central America and around the world, arguing that social and economic advancement does not necessarily mean accelerated loss of forest cover.