© Pucci, S

Basis of the low emission development in Costa Rica

Andrei Bourrouet, Viceminister of Environmental Management and EnergySept, 2010

Context

Although adaptation is a priority in our regionCR committed to ambitious reductions from ALL

countries, according to capabilities and enabling factors:– Goal of being carbon neutral by 2021– Remain in low emission development pathway

thereafter

Carb

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trality

Comprehensive mitigation processes are still in initial phase

So far:-Sustained political will involving different levels and sectors -Pathway established: abatement curves estimated

Under development:-Carbon neutrality standard (recognized internationally)

-REDD+ national plan-Costa Rican green bond, WB-Private sector engagement

Pending:-Defining MRV for all sectors-Ensuring prevention double accounting-Define use of forest carbon credits natl. vs. intl. markets

Trend in emissions due to demand fossil fuel

Fuente: elaboración propia con datos del U.S. Energy Information Administration

0.0

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Mill

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Total Emisiones BAU (crecimiento moderado) y con Todas las Medidas de Mitigación (2010-2030), Gg CO2e

Fuente: elaboración con datos y propuestas de la DSE, ICE, Prugam, MOPT, MINAET, Fundecor y estimaciones propias

-1,000

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24,000

29,0002

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Gg

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BAU Mitigacion Total

2021: 6,054 Gg2021: 6,054 Gg

Source: NEEDS project, INCAE with data of DSE, ICE, Prugam, MOPT, and MINAET

CONCLUSIONS

Middle income countries are also relevant (Costa Rica’s case):-Absorptive capacity can produce rapid results-Institutional arrangements and accountability-Avoid becoming part of the problem (long term global goals)-Provide greater emission reductions than other groups of countries

-Strengthen national accounting systems of emissions -Overcome governance obstacles-Uncertainty of intl. registry mechanism and natl. implications-Lack of support in early phase -Greater access to carbon markets

Some challenges:

Carazo, F.