Costa Rica: GIZ NAMA Support Project "NAMA Café"
As one of the first countries globally, Costa Rica has set a target to achieve carbon neutrality. The Coffee production development is an important part of this challenge, as it today represents almost 10% of Costa Ricas’ GHG emissions.
In order to reduce the carbon footprint of the sector while maintaining a sustainable coffee production in the future, the government of Costa Rica plan to implement a NAMA-Café project through a participatory process between the years 2011 and 2021. MACS support the appraisal and structuring of the financial cooperation component of the Project “NAMA Café” in Costa Rica for GIZ.
The NAMA Facility is a joint effort from the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) and the Department of Energy and Climate Change (DECC) of the United Kingdom (UK). The NAMA Facility supports developing countries that want to implement ambitious climate protection measures with Nationally Appropriate Mitigation Actions (NAMAs).
The tasks for MACS in NAMA Cafe’ included a desk study to understand the program setup and current stage of planning, followed by a field visit in order to refine and structure the setup of the financial cooperation component of the program.
Possible conditions of the cooperation between the project and the Central American Bank for Economic Integration (BCIE) and first tier banks were also evaluated and brought to discussion.