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Basis of the low emission development in Costa Rica

Basis of the low emission development in Costa Rica. Andrei Bourrouet, Viceminister of Environmental Management and Energy. Sept , 2010. Green development. Context. Although adaptation is a priority in our region

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Basis of the low emission development in Costa Rica

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  1. Basis of the low emission development in Costa Rica Andrei Bourrouet, Viceminister of Environmental Management and Energy Sept, 2010

  2. Green development Context • Although adaptation is a priority in our region • CR 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 Low emission dev. Climate resilience NAMAs NAPA like inst. Carbon neutrality

  3. Comprehensive mitigation processes are still in initial phase Pending: -Defining MRV for all sectors -Ensuring prevention double accounting -Define use of forest carbon credits natl. vs. intl. markets • 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

  4. Trend in emissions due to demand fossil fuel Fuente: elaboración propia con datos del U.S. Energy Information Administration

  5. Total Emisiones BAU (crecimiento moderado) y con Todas las Medidas de Mitigación (2010-2030), Gg CO2e 2021: 6,054 Gg Fuente: elaboración con datos y propuestas de la DSE, ICE, Prugam, MOPT, MINAET, Fundecor y estimaciones propias

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

  7. CONCLUSIONS -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: • 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 Carazo, F.

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