The Costa Rica News (TCRN) – The Ministry of Environment and Energy (MINAE) today presented the progress on the carbon neutrality goal for 2021.
The data analyzed up until March of this year said the country is within 81% of its compliance goal.
“There is only 19% more needed to reach the goal, which should be achieved by reducing emissions from the transport and industrial sector. The projection is that the programs that are promoting reforestation projects in the country will increase its forest coverage by 56% by 2021,” said René Castro, Minister of Environment.
Currently the country has a forest cover of 52%, offsetting 81% of their emissions and leaving 19% to be reduced, according to Castro.
“The country has given conditions to reach the target in 2021 and Costa Rica has not forgotten that goal. Estimates of total emissions for that year are 21.6 million tons of CO2, assuming that the forest coverage reported for 2013, which is 52.4% is maintained over the years,” reported Castro.
MINAE recently managed the creation of the first environmental bank, dedicated to buy bonds emissions and reduce the impact of their carbon footprint.
According MINAE with the conclusion in the coming years of the Reventazón hydroelectric project, the country would displace over 850 tons of CO2 per year by 2016.
The Costa Rica News (TCRN)
San Jose, Costa Rica