Costa Rica draws up plan to decarbonize by 2050

Feb 28, 2019, 7:03 AM EST
(Source: Laura Lee Dooley/flickr)
(Source: Laura Lee Dooley/flickr)

Costa Rica’s President Carlos Alvarado has signed a decree on Sunday, laying out a comprehensive plan to entirely decarbonize the nation’s economy by 2050. The new plan provides a timeline for different environmental goals, including powering electric grids with 100 percent renewables by 2030 and reducing emissions from public transportation to zero by 2035.

Costa Rica’s carbon footprint is a tiny fraction of that of the U.S. or China, but that doesn’t make decarbonization an easy job. The transportation sector, which accounts for 60 percent of the country’s emissions, will need a heavy overhaul to go green, writes Earther.

The transition would face economic hurdles as well since fossil fuels form a steady revenue base for the government. Costa Rica’s debt are high, and it will have to find means to increase revenues to fund the ambitious plan even if external financing and private investment make a sizeable contribution, reports The Tico Times.