Costa Rica Receives US Funding for Environmental Projects

    Must Read

    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The United States and Costa Rica announced in September the first eleven favored Costa Rica environmental projects with money from the second debt-for-nature granted by the U.S. government in 2010.

    The eleven projects NGOs will receive a total of $ 416,000 of the first amount of $ 27 million U.S. condoned by Costa Rica in 2010. Money is administered in a trust for 15 years and run through the “Costa Rica Forever Foundation”.

    Environmental initiatives will be aimed at climate change mitigation, biodiversity protection and enhancement of protected areas in the country.

    U.S. Ambassador Anne Andrew said she expects the two debt-for-nature swaps with Costa Rica strengthen bilateral cooperation and promote “the transition to a cleaner economy and combating environmental degradation through conservation tropical forests.”

    The chosen projects belong to organizations such as the Tropical Agricultural Research and Higher Education Center (CATIE), the National Biodiversity Institute (INBio) and the Tropical Science Center (CCT), among others.

    The first U.S. trade with Costa Rica was formalized in 2007 in the amount of $ 26 million.

    According to the U.S. embassy, with two exchanges Costa Rica has become one of the most favored by Law of Tropical Forest Conservation (TFCA, for its acronym in English), which was approved in the U.S. in 1998.

    25 percent of Costa Rica’s territory remains under protection and is home to 5% percent of the planet’s biodiversity, which has made the country an attractive tourist destination.


    The Costa Rica News (TCRN)
    San Jose Costa Rica

    Resonance Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. Visit and subscribe at Resonance Costa Rica Youtube Channel
    - Advertisement -
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Music, Theater and Dance Show ‘Lights Will Guide You’ Returns, Based on Coldplay Repertoire

    For the second consecutive year, the “Lights Will Guide You” show promises to offer a multisensory experience to the...
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »