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| Project/activity ID | PD849/17 Rev.2 (F) | ||||||||||
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| Title | INCREASING COMMERCIAL REFORESTATION COMPETITIVENESS IN COSTA RICA | ||||||||||
| Status |
OPERATIONAL |
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| Summary |
Commercial reforestation rates in Costa Rica have been decreasing since the early 2010s, reducing the timber supply for the domestic market, which in turn has led to increased risks of illegal logging in natural forests both in protected areas and in private forest lands. Furthermore, reduced reforestation rates are expected to cause the loss of employment opportunities, to foster the use of timber substitutes and, at the global level, limit the country’s possibilities to achieve REDD+ targets. This project will increase commercial reforestation competitiveness in Costa Rica, with a view to fulfilling the Costa Rican need for forest products and providing the country with the opportunity to increase greenhouse gas sequestration and achieve the country's REDD+ targets. The project seeks to develop and test an effective reforestation financing system that promotes management of forest plantations in the country, increases their m3/hectare/year productivity, and develops high value-added timber products to improve forest producers’ income.
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