Project Summary

The development objective of the proposed project is to increase the production of environmental services in Costa Rica by supporting the development of markets and private sector providers for services supplied by privately owned forests, including protection of biological diversity, greenhouse gas mitigation, and provision of hydrological services. The global environmental objective of the proposed project is to foster biodiversity conservation and preserve important forest ecosystems through conservation easements on privately-owned lands outside of protected areas in the Mesoamerican Biological Corridor in Costa Rica. The project will strengthen offices within the Ministry of Environment and Energy (MINAE), as well as local and regional non-governmental organizations, responsible for the execution, promotion, supervision, and monitoring of the forest conservation program. Results of project activities generating global benefits would include: (a) an additional 50,000 hectares of privately owned lands in Tortuguero, La Amistad Caribe, and Osa Conservation Areas incorporated into Costa Rica’s conservation easement program; (b) establishment of a financial instrument to support conservation easements in Costa Rica over the long term; and (c) increased landowner participation in, and benefits from, forest conservation-related activities within the Mesoamerican Biological Corridor in Costa Rica.

Project Details

GEF Project ID
Project Type
Full-size Project
Costa Rica
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
GEF Period:
GEF - 2
Approval Fiscal Year:


Project Preparation Grant Amount
330,000 USD
GEF Project Grant
8,000,000 USD
Co-financing Total
41,200,000 USD
GEF Agency Fees
878,000 USD
Total Cost 49,530,000.00 USD

Project Timeline

Received by GEF
Preparation Grant Approved
06 Apr 1999
Concept Approved
01 Dec 1999
Project Approved for Implementation
17 May 2000
Project closed
16 Mar 2007