Conservation finance: Costa Rica’s reforestation success

10 October 2019: The Latin American nation has undertaken serious measures to rebuild its natural environment over the last three decades. Paid for in part by a fuel tax and in part by the fiscal space created by previous policies, Costa Rica’s approach of active reforestation has been remarkably effective. By 2013, forests covered 52.4% of Costa Rica (compared to 21% in 1997) and, although the country represents just 0.25% of the world’s landmass it now contains nearly 6% of the planet’s biodiversity. Read more on Costa Rica’s reforestation policy on the Euromoney’s website here.