Saturday 18 May 2024

EU identifies Costa Rica as key partner in climate change efforts

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18 May 2024 - At The Banks - Source: BCCR

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Q COSTA RICA (Rio Times) The European Commission President, Ursula von der Leyen, has stated that Costa Rica plays an essential role in the European Union’s (EU) campaign against climate change, following a meeting with Costa Rican leader, Rodrigo Chaves.

She also voiced her endorsement for the tax reform undertaken by the Central American country.

Further, von der Leyen highlighted the potential of the European Global Gateway strategy, initiated in 2021, to foster Costa Rica’s digital transition and fund its eco-friendly infrastructure.

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EU identifies Costa Rica as a crucial partner in climate change efforts

This strategy aims to establish intelligent, clean, and secure networks in digital, energy, and transport sectors, while also bolstering health, education, and research systems around the globe.

By using a collective European approach, the Global Gateway intends to attract up to €300 (US$330) billion in investments, uniting the EU, its member nations, and their financial and development establishments.

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