The Environmental Services Payments Program (ESPP) constitutes a financial recognition granted by the State —through FONAFIFO —to forest and forest plantation owners as payment for the environmental services rendered by them, which directly contribute to the protection and improvement of the environment...
In the interest of achieving the well-being of small and medium producers of forest goods and services, credits offered under appropriate conditions play a very important role. Our mission is to provide support to successful projects based on interest rates and terms that adjust to the reality of our country's forestry situation ...
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FONAFIFO is developing a project aimed at reducing the greenhouse effect gas emissions (COOPEAGRI)...
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OTHER INVESTMENT OPTIONS
FONAFIFO has developed a second innovative option to obtain economic resources from the private sector, institutions, and friendly Governments for environmental protection and reforestation, mainly in watersheds that generate important water resources for human consumption and hydroelectric generation, as well as for the protection of regions with large biodiversity.

Such instruments consist of entering into agreements; through these agreements, the private sector, institutions, or friendly Governments contribute certain amounts of money, complemented by funds from FONAFIFO's programs, in order to execute the Environmental Services Payments under ESP in a particular region. These agreements are described as follows:

Agreements

Local agreements

 

 

 
The following table shows the voluntary agreements signed by FONAFIFO with private corporations and international organizations for the production of environmental services for the period 1997-2002:
 
LOCALS
   
Region of interest
Options to be promoted
Amount agreed upon for ES US$/he/year
Total area under the Agreement (hectares)
Agreement estimated amount (in US$ million)
 
Global power
Rio Volcan watershed
Protection


Reforestation


Management
10
2.493
0,053
San Fernando River watershed
10
1.818
   Hifroeléctrica
Platanar 		Platanar River Watershed Protection Reforestation Management
15/30 1.400
-
  Compañía Nacional de Fuerza y Luz Aranjuez River Watershed  Protection 40 5.000 5,188
40 6.000
Balsa River Watershed    
Balsa River watershed 40 900
  Hidroelectrica Agua Zarcas Cuenca Río Agua Zarcas d  Protection 30 1.666 262,400
Instituto Costarricense de Electricidad (ICE) Cuenca Río Peñas Blancas Protection 160 2045 327,200
Reforestation 408 118 48,144
SAF 0.65 (arb) 50000 (arb) 32,500

A
G
R
E
E
M
E
N
T
S
 
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International agreements

 

 

 
 
INTERNATIONALS
   
Region of interest
Options to be promoted
Amount agreed upon for ES US$/he/year
TTotal area under the Agreement (hectares)
Agreement estimated amount (in US$ million)
 
Norway’s government
Virilla River watershed
Reforestation Protection
-
-
2.,0
    Global Environmental Facility Mesoamerican Biological Corridor Protection
 10 100.000
5.0
  KFW (German Bank) Huetar Norte region   Forest Management Reforestation Protection 70% of what is paid by FONAFIFO 42.713
10.0

A
G
R
E
E
M
E
N
T
S
 
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