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New Bank to Handle Costa Rica Carbon Credit Trading

2013-10-24 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Costa Rican Times: Costa Rica has created a new financial institution to handle the expected trading of carbon credits among companies and public institutions that have joined the countrys aim to reach zero carbon emissions. The initiative, called BANCO2, will assist dealings with Costa Ricas compensation units, known as UCCs, as well as with U.N.-issued carbon offsets and some types of voluntary markets credits. The bank will be a tool to help the country meet its target to become carbon neutral, but could...

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Costa Rica Carbon Credits Approved; Scam Warning

2013-08-19 10:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Costa Rican Times: A local carbon market will exist soon in Costa Rica, according to the Costa Rican Minister of Environment and Energy, Rene Castro, whose aim to reduce emissions. Ms. Castro informs us that they have already made a road map for the market they seek to create. The base price has already been defined as $3 per Costa Rican Compensation Unit (UCC). That amount is equal to a tonne of carbon dioxide and UCC will be a title within the MDVCC, the Voluntary Carbon Domestic Market of Costa Rica. The market...

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Starwood Sheraton in Costa Rica - Analyst Blog

2013-07-10 01:15:49| Jewelry - Topix.net

Starwood Hotels & Resorts Worldwide Inc. recently unveiled a Sheraton-branded property in San Jose, Costa Rica.

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China's friendship with Costa Rica may conflict with its green goals

2013-06-21 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Sailing through turquoise waters in the Gulf of Nicoya, where tourists snorkel in marine biological reserves and brown pelicans have their own protected nesting sites, it's easy to see why this tiny Central American country is routinely voted the "greenest" in the world. A pioneer in eco-tourism, Costa Rica has built its brand around forest conservation, clean energy and a groundbreaking promise to become by 2021 the world's first carbon-neutral country. The tourist's image of Costa Rica: a...

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