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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Government will provide $50 million to improve water infrastructure, provide drought relief in Guanacaste

The government of Costa Rican president, Luis Guillermo Solis on Saturday declared a plan to improve water infrastructure and provide drought relief in the northern province of Guanacaste of “national interest” on Saturday, during a visit to the province to commemorate the 191st anniversary of the Annexation of Nicoya.

Cocos Island may be newest home for shark species typically found in Indo-Pacific

A shark species that was rarely ever seen by divers off Costa Rica’s Cocos Island may now be calling the waters home, according to researchers at Misión Tiburón.

“Historic” downpours leave at least six dead, 7,000 homes damaged in Nicaragua

Two weeks of heavy rains have left at least six people dead and more than 7,000 homes damaged in Nicaragua, emergency authorities in the country announced on Sunday.

Scientists criticize Nicaragua Canal environmental study

Nicaraguans are anxiously waiting for the government to make public a long-anticipated environmental impact report on the $50 billion interoceanic canal project. But while the public waits, some independent scientists have already seen the report — and aren’t happy about it.

Costa Rica is the most voracious consumer of pesticides in the world | World Environment Day

World Environment Day, established by the United Nations, is marked every year on June 5th. And, while Costa Rica has indeed taken remarkable efforts to protect its natural environment, today is a good day to look at where improvement still needs to be made.

One of the most striking examples – and one of the most contradictory to the country’s eco-friendly image – is Costa Rica’s voracious appetite for pesticides and agrochemicals.

Healthy oceans could add $900 billion to world economy, according to study

Protecting the planet’s oceans is not only an environmental imperative but also a sound business decision as it could add $900 billion to the global economy in a few decades, according to a study by the World Wildlife Fund (WWF). Creating marine protected areas (MPAs) will yield a three-fold return for every dollar invested in the exercise, the study suggests.

Nicaragua Canal environmental study submitted, details remain hidden

Nicaraguan officials this week received a long-awaited environmental impact assessment of the controversial $50 billion interoceanic canal, checking off a major to-do item for the ambitious Chinese-backed project. Authorities said the study deemed the project “viable” but didn’t release any additional details of the assessment.

U.S. raises concerns over proposed GMO moratorium in Costa Rica

The United States is expressing its concern over a proposed 15-year moratorium on the cultivation of genetically modified crops, known as GMOs, working its way through Costa Rica’s Legislative Assembly.

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