Tag Archives: Costa Rica

Costa Rica’s Forest Conservation Pays Off

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STORY HIGHLIGHTS World-Bank-Climate-Funds-Management-Unit-48050851712-db2b2023b6-b

  • Costa Rica has become the first country in Latin America and the Caribbean to receive payments from the World Bank’s Forest Carbon Partnership Facility for reducing carbon emissions from deforestation and forest degradation—commonly known as REDD+.
  • This first payment – of $16.4 million for independently verified emission reductions — is a milestone for Costa Rica.
  • Results-based climate finance such as payments for emission reductions increasingly is being used to incentivize climate action and help countries achieve their Nationally Determined Contributions to the Paris Agreement.

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eC2: Assessment of the regulatory and legal framework for a PPP for the San Jose tramway in Costa Rica

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Deadline: 15-May-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank Group (WBG), with the support of the Global Infrastructure Facility PPPs(GIF), is selecting a legal firm (Consultant) to conduct a summary report and assessment on the regulatory and legal frameworks of Costa Rica, which may be relevant to a potential PPP for a greenfield Tramway project.

The Consultant will be entitled to develop a high-level report on the legal and regulatory framework in Costa Rica (national and municipal levels) relevant to structuring a potential PPP for the envisaged tramway project. The purpose of this activity is to support the WBGs decision on its potential involvement in the tramway project in the future.

The services include the following tasks:
1. Preliminary Due Diligence Report
2. Final Due Diligence Report
The assignment will be carried out over a period of 90 days.

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eConsultant2: Assessing climate mitigation pathways to support INDC implementation

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Deadline: 23-May-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)

The objective of this activity is to assist the government of Costa Rica in assessing indexalternative pathways to achieve the emission reduction commitments made in its Intended Nationally Determined Contribution (INDC) and developing analytical tools and data necessary to explore existing, proposed and complementary mitigation policies and actions. To this end, this activity will develop an appropriate country-specific modeling framework and a capacity building program that allows continuous integration and update of better data on existing/new options.

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