The Environmental Services Payments Program (ESPP) is a financial mechanism implemented by the State, through FONAFIFO, to compensate owners of forests and forest plantations for the environmental services that these provide, which directly contribute to the protection and improvement of the environment...
Loans, offered under appropriate conditions, play a very important role in promoting the well being of small and medium-sized producers of forest goods and services. FONAFIFO's mission is to support successful projects offering terms, conditions and interest rates adapted to the country's forestry situation.The Fund therefore constitutes a real alternative for the financing..
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FONAFIFO
Frequently asked questions
For 2006, during what period are pre-applications received for the Environmental Services Payment?
Answer
Date
The
reception of applications begins
after the corresponding decree
is published; it is estimated
that the publication will be
effective in March 2006.
Which are the options financed by the Environmental Services Payment Program, and which is the amount payable for each one of them?
Answer
Date
Basically,
the Program finances the following
options: reforestation, protection
of forests and agroforestry
systems. In relation to reforestation,
the amount payable is $816 per
hectare, during a ten-year term;
for protection of such systems,
the amount is $64 per hectare
during a five-year term, which
can be extended for a five-year
term or more; concerning agroforestry
systems, $1,30 per tree, during
a three-year term.
What means do it use FONAFIO for the steps of PSA contracts?
Answer
Date
Two systems exist that they are: Geographic Information System (GIS) and Integrated Project Management System (IPMS) Sistema de Información Geográfico.
Which is the financing for environmental services?
Answer
Date
It
is in accordance
with the terms
provided in
the Tax Simplification
and Efficiency
Law # 8114 in
its Article
5; also, it
comes from resources
derived from
the loan agreement
entered into
by the Government
of Costa Rica
and the World
Bank, pursuant
to Law # 8058.
Also, it is
provided through
financial cooperation
with the German
Government,
through the
KfW Bank, ratified
through Law
#8355.
Individuals
or companies
interested in
investing in
Environmental
Services Certificates
to protect one
or more areas
of interest
can do so by
contacting FONAFIFO's
Resource Management
Division at
(506) 257- 8475.