Decarbonization Plan of Costa Rica is profitable.


19/10/2019

With the implementation of the National Decarbonization Plan (2018-2050), Costa Rica will receive benefits - especially savings - that reach 19,500 million dolars. This was stated by the President of the Republic of Costa Rica, Carlos Alvarado Quesada, during his inaugural address at PreCOP25.

This week, the Central American country is hosting the preparatory meeting for the 25th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP25), which will be held in Santiago, Chile from 2 to 13 December.

The study referred to by the Costa Rican president was prepared by the University of Costa Rica, the Inter-American Development Bank (IDB), the Rand Corporation, the Royal Institute of Technology in Stockholm (Sweden) and the Tecnológico de Monterrey (Mexico).

The objective of this research was to analyze the impact on the Costa Rican economy that will have the implementation of the National Decarbonization Plan, presented in February 2019, which includes goals in 10 thematic axes such as public, private and freight transportation, as well as production Sustainable and clean in industry, smart cities and digitalization, waste management, agriculture, livestock and forest resources.

“By measuring the first three axes of the Plan until 2050, related to public transport, private transport and freight transport, the researchers' findings point out that the country will obtain a net profit of 19,500 million dollars when making the changes there indicated”, said the President.

He then explained that these figures are obtained by adding several items. For example, in terms of the electrical infrastructure to enable the electrification of the transport sector, the country must invest almost 6,000 million dollars, but will obtain a profit of 11,100 million dollars as a result of lower operating costs.

"There we have a first profit, which we could call direct, for 5,200 million net dollars by 2050," Alvarado explained and added: "To this we must add benefits in terms of health, higher productivity for lower prey and accidents avoided, which represent a total of 14,300 million dollars by 2050, according to expert projections.”

“The fundamental point is clear: environmental ambition is not only ethically correct with the present and future generations, but it is profitable. Each country will make its own estimates, in the light of its experiences and circumstances, but the decarbonization laboratory called Costa Rica can prove that the ambitious objectives of decarbonization are attainable without damaging the sustainable, human and economic development” said the president.

We share this photo gallery made by Yannina Cordero, a fellow of the Latin American Program of Journalistic Coverage COP25, on the inaugural echo of the Pre-COP25. The Latin American Program of Journalistic Coverage COP25 is a coordinated effort by LatinClima, Journalists for the Planet, The Stanley Foundation and the Regional Network of Climate Change and Decision Making - UNESCO UNITWIN Program, it also has the support of Mexico's Climate Initiative.

Translator: Agustin Lorenzatti