Costa Rica is already well-known for its progressive environmental policies and sustainable development. Now, Costa Rica seeks to include restoration as part of its national development – Costa Rica’s guiding restoration goal is to integrate restoration into the nation’s inclusive green development model.
Costa Rica joined Initiative 20x20 through the Ministry of Environment and Energy (Ministerio de Ambiente y Energia), which pledged to restore 1 million ha of degraded land over a period of 10 years. Costa Rica plans to restore these 1 million hectares through the following approaches:
100,000 ha through passive restoration.
255,000 ha through improved pasturelands and cattle ranching.
25,000 ha through climate smart agriculture.
25,000 ha through agroforestry systems.
150,000 through secondary forest management.
150,000 ha through protection of forest lands outside of protected areas.
70,000 through reforestation.
Financing mechanisms
Costa Rica’s National Fund for Forestry Financing (Fondo de Financiamiento Forestal de Costa Rica, or FONAFIFO, in Spanish) issues credits and incentives for sustainable forest management, forest projects that provide ecosystem services, and projects with social and environmental benefits.
In addition, Costa Rica receives funds for productive landscape management and conservation of biodiversity from the GEF, supported by institutions such as UNDP and FAO.
Costa Rica is requesting a loan and is preparing a Concept Note for submission to the World Bank of the proposed developments that have been laid out in the Master Plan for the Restoration of Productive Landscapes.
Meanwhile, other public incentives are already available for conservation of ecosystem services, forestry and REDD+, in part through the National Fund for Forestry Financing.
Costa Rica is already well-known for its progressive environmental policies and sustainable development. Now, Costa Rica seeks to include restoration as part of its national development – Costa Rica’s guiding restoration goal is to integrate restoration into the nation’s inclusive green development model.
Costa Rica joined Initiative 20x20 through the Ministry of Environment and Energy (Ministerio de Ambiente y Energia), which pledged to restore 1 million ha of degraded land over a period of 10 years. Costa Rica plans to restore these 1 million hectares through the following approaches:
100,000 ha through passive restoration.
255,000 ha through improved pasturelands and cattle ranching.
25,000 ha through climate smart agriculture.
25,000 ha through agroforestry systems.
150,000 through secondary forest management.
150,000 ha through protection of forest lands outside of protected areas.
70,000 through reforestation.
Financing mechanisms
Costa Rica’s National Fund for Forestry Financing (Fondo de Financiamiento Forestal de Costa Rica, or FONAFIFO, in Spanish) issues credits and incentives for sustainable forest management, forest projects that provide ecosystem services, and projects with social and environmental benefits.
In addition, Costa Rica receives funds for productive landscape management and conservation of biodiversity from the GEF, supported by institutions such as UNDP and FAO.
Costa Rica is requesting a loan and is preparing a Concept Note for submission to the World Bank of the proposed developments that have been laid out in the Master Plan for the Restoration of Productive Landscapes.
Meanwhile, other public incentives are already available for conservation of ecosystem services, forestry and REDD+, in part through the National Fund for Forestry Financing.
