IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.25% USD/MXN18.70▲ 0.91% USD/CLP977.15▲ 1.03% USD/COP3,294▲ 5.58% USD/PEN3.41▲ 0.14% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.42▲ 2.34% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO36.62▲ 2.53% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.72▼ 0.03% EUR/BRL6.24▲ 1.79% BRENT 89.56 ▼ 3.25% WTI 84.49 ▼ 2.72% IRON ORE 161.91 — — COPPER 6.25 ▼ 1.17% GOLD 4,058 ▼ 1.37% SILVER 51.77 ▼ 1.51% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 265.40 ▼ 3.00% SUGAR 18.02 ▼ 1.04% ORANGE JUICE 144.80 ▲ 4.66% COTTON 78.30 ▼ 0.61% COCOA 4,860 ▼ 2.88% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 61.35 ▲ 0.72% PETR4 44.68 ▼ 1.13% VALE3 65.20 ▼ 1.38% ITUB4 41.82 ▲ 0.24% BBDC4 14.65 ▼ 0.20% ABEV3 15.63 ▲ 0.13% BBAS3 17.09 ▲ 0.41% B3SA3 14.90 ▲ 0.34% WEGE3 51.64 ▲ 1.77% PRIO3 59.02 ▼ 0.62% SUZB3 54.72 ▲ 0.96% RENT3 30.43 ▼ 1.30% AZZA3 15.04 ▼ 0.53% CSAN3 2.74 ▼ 1.08% RAIZ4 24.40 ▼ 12.86% PCAR3 2.40 ▼ 1.23% GMAT3 3.87 ▲ 1.04% PSSA3 45.81 ▲ 0.35% CVCB3 0.86 ▼ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.63 ▼ 1.40% BRKM5 3.03 ▲ 0.33% RANI3 8.46 ▼ 3.42% CSNA3 4.43 ▼ 1.34% IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.23% USD/MXN 18.69 ▲ 0.87% USD/CLP 976.65 ▲ 0.97% USD/COP 3,288 ▲ 5.40% USD/PEN 3.41 ▲ 0.02% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.45 ▲ 2.39% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.24 ▲ 1.72% BRENT 89.56 ▼ 3.25% WTI 84.49 ▼ 2.72% IRON ORE 161.91 — — COPPER 6.25 ▼ 1.17% GOLD 4,058 ▼ 1.37% SILVER 51.77 ▼ 1.51% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 265.40 ▼ 3.00% SUGAR 18.02 ▼ 1.04% ORANGE JUICE 144.80 ▲ 4.66% COTTON 78.30 ▼ 0.61% COCOA 4,860 ▼ 2.88% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 61.35 ▲ 0.72% PETR4 44.68 ▼ 1.13% VALE3 65.20 ▼ 1.38% ITUB4 41.82 ▲ 0.24% BBDC4 14.65 ▼ 0.20% ABEV3 15.63 ▲ 0.13% BBAS3 17.09 ▲ 0.41% B3SA3 14.90 ▲ 0.34% WEGE3 51.64 ▲ 1.77% PRIO3 59.02 ▼ 0.62% SUZB3 54.72 ▲ 0.96% RENT3 30.43 ▼ 1.30% AZZA3 15.04 ▼ 0.53% CSAN3 2.74 ▼ 1.08% RAIZ4 24.40 ▼ 12.86% PCAR3 2.40 ▼ 1.23% GMAT3 3.87 ▲ 1.04% PSSA3 45.81 ▲ 0.35% CVCB3 0.86 ▼ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.63 ▼ 1.40% BRKM5 3.03 ▲ 0.33% RANI3 8.46 ▼ 3.42% CSNA3 4.43 ▼ 1.34%
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Tuesday, November 10, 2026

Central America Latin America

How Costa Rica intends to become a sustainability role model

By · · 3 min read

RIO DE JANEIRO, BRAZIL – Costa Rica is investing in sustainability. On the international stage, the country was one of the first to turn agreed commitments into serious measures, which led it to win the United Nations Public Policy Leadership Award in 2019.

Now, President Carlos Alvarado Quesada aims to turn Costa Rica into a global example in tackling climate change.

How Costa Rica intends to become a sustainability role model
Costa Rica’s president Carlos Alvarado Quesada.
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Proportionally, the country’s contribution to global warming is negligible: only 0.02% of global carbon emissions come from Costa Rica. Meanwhile, the world’s 10 most polluting nations account for almost 70% of the world’s greenhouse gas production.

The small share in global warming gas emissions prompted Quesada to say that he hopes the tiny Central American country can inspire nations like the United States, India, and China to pollute less.

THE COUNTRY’S PLANS

Costa Rica’s National Decarbonization Plan was published in February 2019, which outlines medium- and long-term goals involving reforms in transportation, energy, waste management, and land use.

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The country has committed to eliminating fossil fuel consumption by 2050 – a goal that, if achieved, will make Costa Rica the first country in the world to zero its carbon emissions. It is worth noting that 99.5% of Costa Rican electricity comes from clean sources, such as solar, wind, and mainly hydroelectric power.

How Costa Rica intends to become a sustainability role model
How Costa Rica intends to become a sustainability role model.

There will be many challenges along the way, the biggest of which should lie in the transportation sector, which accounts for 40% of the country’s greenhouse gas emissions. To circumvent the issue, the National Plan establishes that by 2050 all cabs and public buses will have zero emissions, running on biofuels or other fossil fuel substitutes. Moreover, the installation of an electric train in the capital San Jose is planned for 2022.

Costa Rica now offers tax breaks to anyone who embraces green initiatives, such as companies that buy bicycles for their employees or people who buy electric cars. There are plans to compel municipalities to implement bike lanes on new roads and to tax polluters.

To meet the goals set in the Paris Agreement, which aim to limit global warming to 1.5°C, much more needs to be done. According to Climate Action Tracker research consortium, only 2 countries have implemented policies capable of enforcing the agreement: Morocco and Gambia.

If the message sent by Costa Rica is understood, it is possible that other nations will begin to take more decisive actions to tackle climate change.

And the results could be great. “I envision a city where mobility is based on clean energy; a city that invests in technology but prioritizes the well-being, freedom, and privacy of the people; a city where you breathe clean air; a city that manages waste in a sustainable way and a city where you get in touch with nature to find peace,” Carlos Alvarado Quesada said.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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