Monday, October 18, 2010

Costa Rica to increase protected areas from 25% to 26% of its surface area

By MARIANELA JIMENEZ Associated Press Writer

SAN JOSE, Costa Rica—The Costa Rican government is receiving nearly $56 million in donations and debt write-offs to expand its forest and marine conservation programs and become the first developing country to meet U.N. goals on protected areas.

Costa Rica will use the funds to increase its protected tropical forests from 25 percent of its national territory—1.3 million hectares (3.2 million acres)—to 26 percent, said Zdenka Piskulich, the manager of the trust created with the funds.

The goal is to meet Costa Rica's commitments on environmental protection under the U.N. Convention on Biological Diversity by 2015, Piskulich said Friday. If successful, Costa Rica would be the first developing country to fulfill those commitments.

The Central American country, known for its burgeoning eco-tourism industry, also hopes to triple the size of its protected territorial waters. Less than 0.1 percent of Costa Rica's waters are currently protected.

"The convention establishes that every ecosystem should be protected in good measure. Costa Rica is doing well with 25 percent of its land, but it has a great debt when it comes to marine areas," Piskulich said.

Under the plan, the U.S. agreed to buy back $27 million of Costa Rica's foreign debt, money that will be used instead to invest conservation programs. The U.S. already trimmed $26 million of Costa Rican debt in 2007 as part of the U.S. Tropical Forest Conservation Act. The debt now stands at $77 million.

With the aid and write-offs, Costa Rica will work "to turn what has been promise into reality," Environment Minister Teofilo de la Torre said.

Under the act, the U.S. has provided $135 million in aid to 11 countries since 1998, including Panama, El Salvador, the Philippines and Bangladesh.

"Costa Rica is a global leader in conservation and this agreement today is an important investment to continue the expansion and protection of the incredible biodiversity found in Costa Rican forests," U.S. Ambassador Anne Andrew said.

Costa Rica is receiving another $19.9 million from private organizations including the Linden Trust for Conservation, the Gordon and Betty Moore Foundation and the Walton Family Foundation. Another $9 million is coming from The Nature Conservancy, an international non-govermental organization.

"In our case, we identified areas in Costa Rica that are worth permanently conserving, and we saw a government and a society committed to their conservation," said Roger Ullman, executive director for the Linden Trust for Conservation.

The sites that will benefit from the initiative, called "Costa Rica Forever," include the Cocos Island National Park, Corcovado National Park and the Golfo Dulce and Pacific areas such as the Barra del Colorado and Gandoca shelter, on the Atlantic coast.


To read the full original story in the Santa Cruz Sentinel, By MARIANELA JIMENEZ Associated Press Writer, click here

Friday, October 15, 2010

Reforestation Program begins in NatureWalk

Diego Camacho, Forestry Consultant & John Bryant, Director of Conservancy
in NatureWalk, discuss the reforestation program

For every lot sold in NatureWalk, PRG group have committed to plant 600 trees between on and offsite locations.

The reforestation scheme has now started.

1,000 seedlings are currently being planted in a seedling nursery and the planting of the seedlings has commenced within the Finca.

Diego Camacho Forestry Consultant examines one of the teak seedlings

John Bryant director of the NatureWalk Conservancy project and Diego Camacho, Forestry Consultant will oversee the program which will ensure that the ecological integrity and sustainability of NatureWalk is maintained throughout its development


Alberto, head of forestry maintenance in NatureWalk and
manager of the nursery planting seedlings in NatureWalk

Monday, October 11, 2010

NatureWalk Conservancy Project Begins

NatureWalk is committed to developing on an ecological and sustainable basis. A part of that commitment is the reforestation and tree planting to be carried out. 600 trees will be planted both on and offsite for every development lot sold in NatureWalk.




John Bryant is the director of Conservancy and Diego Commancho is the forestry engineer.




Thursday, October 7, 2010

Extreme Homes in Costa Rica

Costa Rica is the home of some of the mst eco friendly sustainable homes in the world. Have a look at the video below to see just one of these incredible homes.




To see a fantastic Eco-friendly sustainable village in Costa Rica on ABC News click here:

Wednesday, September 29, 2010

Costa rican Company selected in Top 25 Energy Entrepreneurs

Daniel Yepez of United Biofuels of America (UBA) is one of an elite few has been selected by Shell Oil sponsored program - Energy Entrepreneurs.

UBA is based in Costa Rica and concentrates on Biofuel development. The various initiatives are part of the Million Gallon Challenge - a goal to produce one million gallons of green diesel per day.

UBA's most recent project is the Multi Purpose Real Estate. Investors in this program benefit from quarterly returns from Japtropha and maca-uba growing on their development land. These lots are part of a gated community and are fully serviced with water, electricity and road access.

Investors can choose to build sooner or later whilst their "oil field" grows them money every day. Alternatively the pure investor can benefit from the quarterly returns and the rapid appreciation of land prices.

To read more about Shell's Energy Entrepreneurs click here

To read more about this project click here.

To read more about UBA in The Costa Rica News click here

Tuesday, September 28, 2010

Webinar Thursday 30th September 1:00pm Eastern

Avoid the mistake many investors make when investing in Costa Rican Real Estate.


Attend the webinar and you'll find out more about:

  • Costa Rica
  • Real Estate Purchase in Costa Rica
  • Real Estate Ownership in Costa Rica
  • Teak / Timber and the investment opportunity
  • That big mistake many investors make and how to avoid it

Or register at the link below

https://www2.gotomeeting.com/register/477352779