The Letter of Intent (LOI) was signed by the Government of Costa Rica and the Forest Carbon Partnership Facility (FCPF) on September 11, 2013. This paper includes the FCPF’s intention of buying from Costa Rica an amount of up to U.S. $ 630 000 000.00 as far as Costa Rica meets the agreed requirements.
The Emissions Reduction Project Idea Note (ERPIN) was approved by the Participants Committee (PC) last March 2013. After this milestone, Costa Rica should work on the Emission Reduction Program (ERPROGRAM) and generate a final Emission Reductions Program Document (ERPD) in 2014 to give way to the purchase agreement in 2015.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc scelerisque feugiat sapien, nec gravida lorem dapibus at. Proin in tortor eget enim ornare consectetur quis sit amet nisl. In tincidunt felis sit amet eros ornare, ullamcorper molestie orci ultricies.
Quisque porta faucibus ultrices. Nunc aliquet luctus diam, et convallis dui scelerisque ut. Donec bibendum nisi non dolor egestas, et lobortis lectus gravida. Aenean condimentum sit amet ante eu ultrices. Quisque ut turpis mollis, dictum quam ut, rutrum nunc. Donec dictum tristique congue.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc scelerisque feugiat sapien, nec gravida lorem dapibus at. Proin in tortor eget enim ornare consectetur quis sit amet nisl. In tincidunt felis sit amet eros ornare, ullamcorper molestie orci ultricies.
Quisque porta faucibus ultrices. Nunc aliquet luctus diam, et convallis dui scelerisque ut. Donec bibendum nisi non dolor egestas, et lobortis lectus gravida. Aenean condimentum sit amet ante eu ultrices. Quisque ut turpis mollis, dictum quam ut, rutrum nunc. Donec dictum tristique congue.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc scelerisque feugiat sapien, nec gravida lorem dapibus at. Proin in tortor eget enim ornare consectetur quis sit amet nisl. In tincidunt felis sit amet eros ornare, ullamcorper molestie orci ultricies.
Quisque porta faucibus ultrices. Nunc aliquet luctus diam, et convallis dui scelerisque ut. Donec bibendum nisi non dolor egestas, et lobortis lectus gravida. Aenean condimentum sit amet ante eu ultrices. Quisque ut turpis mollis, dictum quam ut, rutrum nunc. Donec dictum tristique congue.
| 2008 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015-2020 |
|---|---|---|---|---|---|---|
| -Costa Rica was selected for the FCPF | -Readiness Preparation Proposal (R-PP), Approved by the Committee of participants (CP) | - SESA national workshop -Monitoring workshops |
- Grant agreement signed for the preparation toolkit. - Workshop on the investment strategy for the emissions reduction program. | - Approval of ER-PIN at the CP -LOI signature OF THE LOI -Begins information process -Presentation of MTR |
- Toolkit to prepare and document REDD+ strategy | - ERPA ( Emission Reductions Payment Agreement) |