PMR of Costa Rica: Review of the National Plan for Carbon Neutrality

PMR of Costa Rica: Review of the National Plan for Carbon Neutrality

The objective of this project is to provide consultancy services and technical assistance to the Directorate of Climate Change (DCC, Dirección de Cambio Climatico) at The Ministry of Environment and Energy (MINAE), the technical team of PMR-Costa Rica and the relevant stakeholders through the following process: 1) Review and update the current National Carbon Neutrality Plan (NCNP); 2) Reform the current Domestic Carbon Offset Market (DCM) thereby promoting the transition to the Costa Rica Compensation Mechanism (MCCR). These instruments foster mitigation actions in priority sectors and contribute to the achievement of Costa Rica’s ambitious climate objectives set out in the Nationally Determined Contribution (NDC) under the Agreement